In the realm of UK tech investment, Wasabi’s Kevin Dunn highlights the hindrances caused by blind spots in Scope 3 emissions and unreliable vendor reports. He stresses the importance of transparency as the cornerstone of innovation, rather than a mere PR concern.
Earth Overshoot Day serves as a stark reminder of our unsustainable consumption habits, with the global overshoot occurring on July 24. Despite the urgency of the situation, accurately measuring environmental impact remains a challenge, especially when it comes to invisible sources of pollution like digital activities.
The reluctance of businesses to disclose their true carbon footprint, particularly in relation to Scope 3 emissions from tech vendors, poses a significant barrier to progress towards sustainability goals. Without reliable data, companies struggle to make informed decisions and investments in innovation, perpetuating a cycle of stagnation in the face of resource depletion.