target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: IDC Survey Spotlight - Doc Document number: # EUR251226323
What Are Financial Organizations' Top ESG Priorities?
This IDC Survey Spotlight provides a look at the priorities of financial institutions worldwide in terms of a number of environmental, social, and governance (ESG) topics.
"Financial services institutions prioritize cost savings related to their IT divisions, as they can influence these costs very directly. Reporting of Scope 1 and 2 greenhouse gas emissions are the second highest priority, despite reporting being mandatory. The lowest priority is Scope 3 emissions reporting, which is non-mandatory until new regulations come into play (such as those from the U.S. Securities and Exchange Commission)." — Research Director George Briford, IDC Financial Insights