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    • Overview

      TCS is here to make a difference through technology.

      Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.

      Discover all solutions
    • Industries
      • Banking
      • Capital Markets
      • Consumer Goods and Distribution
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      • Education
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      • Healthcare
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      • Cloud
      • Cognitive Business Operations
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      • IoT and Digital Engineering
      • Network Solutions and Services
      • TCS Interactive
      • Sustainability Services
    • Products and Platforms
      • TCS ADD™
      • TCS BANCS™
      • TCS BFSI Platforms
      • TCS CHROMA™
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      • TCS ERP on Cloud
      • ignio™
      • TCS iON™
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    • Overview

      We’re in it for good, driving positive change for the benefit of all.

      Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.

      Discover the difference
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      Recent News

      27 Nov 2023 TCS launches new Generative AI practice in collaboration with AWS
      22 Nov 2023 TCS Ranked #1 in Spain for Customer Satisfaction in Service Delivery Among IT and Cloud Services Providers
      20 Nov 2023 ASX signs agreement with TCS to replace its cash equities clearing and settlement platform
      View All
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      Extraordinary expertise leads to remarkable results.

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      Want to be a global change-maker? Join our team.

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    • Sustainability Services
    • Article

    Why sustainable business transformation gives you the edge

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    Services

    • Sustainability Services Tag

      Ecosystem-led Approach to Power Your Sustainability Strategy

      TCS believes in sustainability services and how a collaborative ecosystem approach can help build resilience and drive your sustainability strategy. Know more.
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      Related Insights
      TCS ZeroC l Business Carbon Footprint Calculator 
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      02 Feb 2023
      TCS ZeroC l Business Carbon Footprint Calculator 
      Calculate your carbon footprint, accelerate your journey to carbon neutrality, and achieve a sustainable future with our Zero Carbon Platform. Learn how.
      Solution
      02 Feb 2023
      TCS Sustainathon: Addressing Real-world Sustainability-led Challenges
      To stimulate students’ interest in STEM education and to solve sustainability-led challenges, Australia and New Zealand held their first-ever Sustainathon.
      Report
      15 Mar 2023

    Highlights

    • With increased public awareness of climate change and societal pressure to tackle its causes, European firms can no longer just pay lip service to sustainability.
    • One of the biggest challenges for companies, as they start on their sustainability journey, is developing a business and systems integration mindset.
    • When a company’s ecosystem includes hundreds or even thousands of partners, AI could massively simplify what have previously been highly complex scope 3 assessments. 

    On this page

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    Sustainability core  inpage
    Ecosystem mindset  inpage
    Control tower  inpage
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    On this page

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    Business critical Sustainability core Ecosystem mindset Control tower Defining challenge

    Sustainability is business critical

    Across Europe, entire industries and organisations face the challenge of building sustainability into their strategies. 

    It’s no longer enough to simply be a profitable business. Companies must tread lightly on the planet, its resources and society, and those that don’t will struggle to compete with those that do. We are at the dawn of the sustainable enterprise. 

    European firms can no longer just pay lip service to sustainability. Not only is there increased public awareness of climate change and societal pressure to tackle its causes, but regulators are also responding with laws to ensure businesses and financial institutions play their role in Europe reaching its climate targets. 

    As a result, organisations will need to comply with sweeping proposals under the European Green Deal, and with legally binding plans to reduce harmful emissions by 55% by 2030 and advance a Just Transition.  

    Taken together, these developments constitute serious challenges for organisations that are yet to introduce comprehensive sustainability strategies.  

    They are likely to struggle to attract talent, as employees are now laser-focused on companies’ environmental and social credentials and values. 

    Then there is the fact that sustainability can have considerable benefits for a company’s bottom line, not just the environment. For example, reduced energy usage does not just lower emissions, it also lowers costs and, by inference, boosts profits. 

    Without a pervasive sustainability strategy, companies will not be able to build greater futures for themselves, society, or the planet. Technology will be critical to supporting both the implementation of these strategies and monitoring compliance. 

    Sustainability at the heart of the digital transformation

    Legislators view the digital transformation of businesses in Europe as a key pathway to decarbonisation.

    The EU’s proposals for Europe’s digital future place sustainability at the heart of technological transformation.

    The impact digitalisation and automation can have across different sectors is varied, but the gains for both business and the environment are well documented. 

    While technology companies may appear to have an inherent advantage because they are already highly digitalised, it’s important to acknowledge that even digital technologies can differ in their respective environmental impact. What’s more, no two organisations—digital natives or not—are the same. What works positively in one setting may be unsuitable in another. 

    “Successfully rolling out a sustainable digital transformation demands a rigorous approach that can go beyond the capabilities and resources of the organisation itself,” explains Eugenio Longo, Sustainability Director, TCS Europe.  

    Engaging a strong and experienced transformation partner can therefore be vital to success.

    An ecosystem mindset

    For businesses embedding their sustainability strategies, applying a holistic approach will be the key. 

    One of the biggest challenges for companies, as they start on this journey, is developing a business and systems integration mindset. 

    Working in silos means they will find it harder to implement sustainability throughout the organization. Overcoming these internal frontiers must also extend to IT systems to enable wide-reaching data mining and processing.

    This holistic approach to business, IT and sustainability must critically extend beyond the boundaries of the organisation itself and include the entire ecosystem. 

    For example, for emission reporting, the Greenhouse Gas Protocol differentiates between scope 1 emissions, which encompass the organisation’s direct emissions, scope 2, which are those an organisation incurs indirectly, such as by purchasing electricity made from fossil fuels, and scope 3, which relate to the supply chain.  

    To cover all three areas, the company must understand climate and ESG-related impacts across the entire value chain.

    IT and AI are the ‘control tower’ of the organization

    Managing the ensuing complexity will vitally rely on IT infrastructure — supported by AI. 

    Capturing the necessary insights through data, connecting the dots across the ecosystem, and acting on them will require effective governance. 

    “IT infrastructure will become more and more the governance tool of companies and their ecosystems,” highlights Longo. “It will be the neural network of the enterprise, its control tower.” 

    He points to solutions such as digital twins that enable scenario modelling to help monitor and benchmark an organization’s ecosystem. And there is also a growing role for AI. 

    “If you need to understand the sustainability of your supply chain, you can use AI to do so, for instance by crawling annual reports, analysing the information and harmonizing the data,” Longo points out. 

    When a company’s ecosystem includes hundreds or even thousands of partners, AI could massively simplify what have previously been highly complex scope 3 assessments. 

    Longo stresses that there is no one-off fix but that organizations must adopt a flexible and dynamic approach. This will benefit their sustainability efforts and enable them to pivot more quickly as the market environment changes.

    Sustainable business—the defining challenge

    The joint challenge of reining in climate change and building greater futures for businesses has become a defining issue of our time.

    It’s abundantly clear that achieving this goal goes far beyond the capabilities of any single sector, be that government or industry. 

    As joint stakeholders, we will have to pool our political, business, and intellectual capital to build the sustainable world we all want to see. 

    Successful digital transformation will play a major role in our sustainable future. At TCS, we’ve built a strategy to help European organizations live up to the vital part they must play in building a greater future for the region. Working together like this is the only way we can make sustainability a reality. 

    Related reading

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    Powering Up Responsibly: The Sustainable Growth of Green Data Centers

    White Paper | 30 Oct 2023
    Sustainability Services

    TCS Product Life-Cycle Profiler: Making Businesses More Sustainable

    Solution | 16 May 2023
    Sustainability Services

    TCS Sustainathon: Addressing Real-world Sustainability-led Challenges

    Report | 15 Mar 2023
    Adrian Segens Santanu Ghosh Sustainability Services

    A Scalable and Dynamic Approach to Product Life Cycle Assessment

    White Paper | 01 Mar 2023

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