S&P Global report: Environmental impact has considerable weight in enterprise IT spending decisions

S&P Global Market Intelligence. Information Technology. Sustainability.

Commitment to sustainability and reduction of environmental footprint have become critical aspects of how organizations are evaluated by public and private investors, by lenders, and increasingly by current or prospective customers. While these factors undoubtedly weigh heavily in sustainability programs, organizations are also motivated by the desire to exhibit good corporate citizenship. In the specific context of IT, efficiency achieved by efforts to reduce footprint is likely to lead directly to cost savings. But it could be difficult.

Trends are reflected in the responses to 451 Research’s Voice of the Enterprise: Digital Pulse, Environmental Impact 2022 survey. Fielded from May 24 through July 8, 2022, with a panel of approximately 575 IT decision-makers, this survey focuses on the environmental objectives of participating organizations and how they apply environmental priorities to technology purchasing decisions.

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