The Role of Technology and Innovation in ESG and Sustainable Finance

Klaus Rainer Kirchhoff (), Sönke Niefünd () and Julian von Pressentin ()
Additional contact information
Klaus Rainer Kirchhoff: Kirchhoff Consult AG
Sönke Niefünd: Merck Finck a Quintet Private Bank

Chapter Chapter 10 in ESG: Sustainability as a Strategic Success Factor, 2024, pp 133-155 from Springer

Abstract: Abstract Chapter 10 examines the role of technology and innovation in ESG (Environment, Social, Governance) and Sustainable Finance. It emphasizes the importance of technology and innovation in the ESG landscape and discusses the use of digital tools and technologies to improve ESG data collection. Furthermore, it explores use cases for data-driven decision-making in ESG as well as the role of Big Data and Analytics. The chapter also highlights innovations in CO2 reduction and energy efficiency, including practical applications of renewable energy technologies and case studies on the implementation of energy efficiency technologies. It investigates the use cases of Blockchain in ESG reporting and transparency, as well as the use of Blockchain to improve traceability in the supply chain. In addition, Artificial Intelligence (AI) and automation technologies are examined in terms of their applications to enhance ESG decision-making and analysis. The chapter concludes with a look at the future of technology and innovation in ESG.

Keywords: Technology; Innovation; ESG; Sustainable Finance; ESG Landscape; ESG Data Collection; Digital Tools; Big Data; Analytics; CO2 Reduction; Energy Efficiency; Renewable Energy Technologies; Blockchain; ESG Reporting; Transparency; Traceability; Supply Chain; Artificial Intelligence; Automation; ESG Decision Making; ESG Analysis; Future (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-45831-7_10

Ordering information: This item can be ordered from
http://www.springer.com/9783658458317

DOI: 10.1007/978-3-658-45831-7_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().