Is ESG in Tech more than just a Buzzword? 

Highlights

• Introducing brand new ESG SIG: The ESG Special Interest Group (SIG) is designed to equip tech professionals with the knowledge and resources needed for effective ESG practices. By joining, members gain expertise in ESG reporting, sustainable technology development, and networking opportunities, all while contributing to a greener future for the tech industry.

• Connect with ESG Leaders and Innovators: Your chance to join us on August 13th in Melbourne, Victoria for an exciting ESG event where you can expand your knowledge, make impactful connections, and discover how you can get involved with ACS VIC's ESG SIG!

Have you ever wondered how the tech industry can balance rapid innovation with sustainability?

In today's world, considering environmental and social impacts alongside financial performance is more critical than ever. This is where ESG (Environmental, Social, and Governance) comes into play.

Take, for example, tech giants like Google and Apple. Google has committed to running all of its data centers on renewable energy, significantly reducing its carbon footprint. Apple, on the other hand, is pushing for a closed-loop supply chain where products are made using only recycled or renewable materials.

......these initiatives aren't just for show; they have real, meaningful impacts that demonstrate how integrating ESG principles can lead to innovative, sustainable practices benefiting both business and society.

But what does ESG truly entail, and why should tech professionals be particularly interested?

To answer these questions and more, we're excited to introduce the ACS ESG Special Interest Group (SIG), a new initiative dedicated to guiding tech professionals through the complexities of ESG.

What is ESG? What does it stand for?

ESG stands for Environmental, Social, and Governance. It's a framework for companies to consider the social, environmental, and governance factors alongside traditional financial metrics. Think of it as a holistic approach to business that prioritises sustainability and responsible practices.

What is the purpose of the new ESG SIG? 

The purpose of focusing on ESG is to encourage responsible business practices that benefit not just the company, but also society and the environment. As the tech industry thrives, it's crucial to ensure its growth is sustainable. The ESG SIG is formed to address this growing need by:

1. Equipping Members with Knowledge and Resources

   • ESG Reporting for SMEs: We'll help tech SMEs navigate upcoming climate reporting mandates with workshops and resources.
   • Data Collection for Climate Reporting: We'll provide guidance on strategies for SMEs to obtain the necessary data to meet reporting requirements.

2. Fostering Collaboration Between Tech Professionals

   • Sustainable Technology Development: We'll explore the environmental impact of technologies and brainstorm ways to minimize their footprint (e.g., AI, blockchain).
   • Meeting Carbon Emission Targets: We'll investigate how evolving technology can contribute to achieving national climate goals (by 2030, 2040, and net-zero by 2050).

Benefits of joining the brand new ACS ESG SIG

Joining the ACS ESG SIG offers numerous benefits, including:

• Become an ESG Proficient: Gain in-depth knowledge and practical skills specifically relevant to ESG in the tech sector.
• Future-Proof Your Career: Stay ahead of the curve on ESG trends and prepare for the growing demand for sustainable tech solutions.
• Network and Collaborate: Connect with like-minded professionals passionate about building a more sustainable future with technology.
• Shape the Industry: Contribute to discussions and initiatives that drive responsible tech development.

How can you get involved?

We encourage anyone interested in ESG and the future of technology to get involved with the ACS ESG SIG! Here are a few ways to participate:

• Reach out to our VIC ESG SIG Chair, Dilan Jayasekera MACS 
• Attend Upcoming Events and Workshops: Join us for workshops on topics like ESG reporting and sustainable technology development (find the upcoming event below!)
• Become a Member: Gain access to exclusive resources, member forums, and networking opportunities.

By joining, you not only enhance your career and knowledge but also contribute to a larger cause that benefits society and the environment. Together, we can pave the way for a greener future in the tech industry!

We also have an upcoming event on Driving ESG in tech taking place in our Melbourne CBD office and virtually on Tuesday 13 August.

Find out more about the event below"

In-person

Virtual

We hope to see you soon!

ACS Victoria