Meeting the requirements of Environmental Social Governance (ESG) criteria marks a commitment to building a more sustainable organisation and ultimately a climate positive company. But with so many standards, disclosures and rating methods, alongside the new data sources required to meet them, how do you understand how data requirements intersect whilst maintaining high-level control?
“Instead of being controlled by data and the regulator, we want that nirvana state of using the data in order to turn on a dime to market conditions and new opportunities.”
In February, news broke of a data leak at Credit Suisse. Known as Suisse secrets, the breach related to more than US$100 billion held by 30,000 clients, some of whose records stretched as far back as the 1940s.
On 28th May 2018, the General Data Protection Regulation (GDPR) changed the data privacy landscape forever. What organisations sometimes missed when the regulation came into force was that GDPR should not have been viewed as a burden or to have been treated as a tick-box exercise.
Effective data governance has become a vital requirement for a successful enterprise in an increasingly data-driven world.