Insight

ESG made viable for the Chief Data Officer

ESG agendas and reliance on the chief data officer is in full swing

Kevin A. Shannon

Kevin A. Shannon

Director Advisory, Financial Services Solutions, KPMG LLP

+1 973-912-6717

Steven Arnold

Steven Arnold

Principal, Advisory, Financial Services Solutions, KPMG US

+1 213-430-2110

Environmental, social, and governance (ESG) has been increasingly at the top of the corporate agenda, driven by boards, regulators, and C-suite decision makers—with noted acceleration resulting from pandemic impacts. The lack of consistent, reliable data sources to fuel data-driven decisions has been on full display. The relative difficulty in obtaining ESG data in fluctuating volumes, varieties, and velocities will require specialized technology, significant ingenuity, and plenty of chief data officer (CDO) innovation. This KPMG article outlines how the CDO is the key player in helping the corporation navigate the ESG data landscape by identifying, mining, enriching, and maximizing the utility of ESG data across the enterprise, leading to responsible growth, stakeholder trust, and customer confidence.