<p>The linking of digitalization and ecological transformation, aptly described with the term “twin transition,” is gaining importance both in scientific discussion and in strategic and regulatory contexts. Laws and frameworks take up this approach in order to use and strategically shape the interactions between technological innovation and sustainability goals. Especially in administration and business, digital transformation requires the systematic recording and evaluation of data and its effects. An example of a&#xa0;pragmatically and impact-oriented implementable field of application of these digitalization efforts linked with ecological transformation is the EU’s ESG taxonomy (Environment, Social, Governance), a&#xa0;reporting obligation for medium-sized and larger organizations for the presentation of the sustainability of their business activities. Existing software solutions for ESG reporting already show how digitalization can support ecological transformation, namely mostly on the side of the reporting entities. Nevertheless, conceptual and instrumental approaches are so far lacking in order also to involve policy-making, which evaluates the reported data and must make corresponding decisions, in the development of procedures and software-supported products so that the twin transition succeeds. The present work addresses this need and examines, on the basis of the “Integrated Policy Cycle,” the question of how digital data and applications change ESG accounting and which requirements for users result from this. The current state of digital ESG solutions is analyzed exploratively, classified, and from this action recommendations for the further development of digital instruments are derived. The aim is to show ways in which business and administration can use the potentials of digitalization in a&#xa0;targeted way in order to shape ecological sustainability in a&#xa0;digitally supported and effective manner.</p>

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Digitale ESG-Lösungen und Dienste als praktisches Beispiel der Twin Transition

  • Sander Frank,
  • Tim Pidun

摘要

The linking of digitalization and ecological transformation, aptly described with the term “twin transition,” is gaining importance both in scientific discussion and in strategic and regulatory contexts. Laws and frameworks take up this approach in order to use and strategically shape the interactions between technological innovation and sustainability goals. Especially in administration and business, digital transformation requires the systematic recording and evaluation of data and its effects. An example of a pragmatically and impact-oriented implementable field of application of these digitalization efforts linked with ecological transformation is the EU’s ESG taxonomy (Environment, Social, Governance), a reporting obligation for medium-sized and larger organizations for the presentation of the sustainability of their business activities. Existing software solutions for ESG reporting already show how digitalization can support ecological transformation, namely mostly on the side of the reporting entities. Nevertheless, conceptual and instrumental approaches are so far lacking in order also to involve policy-making, which evaluates the reported data and must make corresponding decisions, in the development of procedures and software-supported products so that the twin transition succeeds. The present work addresses this need and examines, on the basis of the “Integrated Policy Cycle,” the question of how digital data and applications change ESG accounting and which requirements for users result from this. The current state of digital ESG solutions is analyzed exploratively, classified, and from this action recommendations for the further development of digital instruments are derived. The aim is to show ways in which business and administration can use the potentials of digitalization in a targeted way in order to shape ecological sustainability in a digitally supported and effective manner.