The challenge to meet the U.N. Sustainable Development Goals by 2030 and achieve net-zero GHG emissions by 2050 is a priority for many companies. To achieve these goals, companies are increasingly expected to incorporate Environmental, Social, and Governance (ESG) factors into their business strategies and operations as the business landscape shifts decidedly towards sustainability. ESG-conscious investing is one approach to mitigating future risk, and stakeholders are challenging companies to incorporate ESG goals into business operations and value chains.
WorkAug is a cloud-based advanced workforce augmentation platform that speeds putting business strategies into action. Using real-time performance data analytics for fact-based decision making, WorkAug facilitates cross-departmental collaboration in pursuit of corporate goals. Recently, WorkAug CEO Brandon Srivichit (a former Sasin-Kellogg MBA exchange student) and COO Chatri Srivichit (a Sasin MBA alumni) met with SasinSEC to discuss collaborating to create an innovative ESG digital platform leveraging a digital performance management framework.
SasinSEC and WorkAug aim to help companies identify areas where they can track progress toward net-zero GHG emissions and other SDGs, provide real-time data on ESG metrics, measure and analyze ESG performance, and make informed decisions about where to focus sustainability efforts. They plan to rely upon digital performance management processes that focus on strategy and insight rather than merely recording and monitoring.
By leveraging technology and innovation, WorkAug and SasinSEC hope to empower businesses to exercise their agility, flexibility, and productivity while becoming more sustainable and resilient in a rapidly changing world. Sustainability and profitability are not mutually exclusive, but rather go hand in hand.