PROCUREMENT STRATEGY quickly without travelling. In 2025, nearly everyone from grandmas to business partners can be on the other end of a video call in mere seconds.
“ We understand today that as a community, we’ re global. Technologically, we’ re basically one world. Because of that connection, we need to leverage ESG in technology,” Faith says.
WATCH NOW
That’ s progress in action
KYNDRYL
In 2021, IBM spun out its infrastructure services business with US $ 19bn of revenue. Named Kyndryl, it is the world’ s largest infrastructure services provider and fifth largest consulting provider, supporting 75 % of Fortune 100 companies.
It offers technology services across seven areas:
• Applications
• Cloud
• Core enterprises and zCloud
• Cyber resilience
• Data and AI
• Digital workplace
• Network and edge
ESG isn’ t just good for people— it’ s also good for business. Companies with a strong focus on ESG often perform better financially.
James Gowen, Chief Sustainability Officer and Senior Vice President, Supply Chain and Sourcing at Verizon, explains:“ Our employees are looking to work for a company that has sustainability at its heart.
“ Secondly, our customers are asking for ESG because they want to make sure that they’ re working with companies that have sustainability at the core of who they are.
“ Investors are looking to invest with companies that have a roadmap and clearly defined, auditable goals for sustainability which are so, so important.
“ And then lastly, for society, sustainable business is good business and that’ s how we think about it.”
procurementmag. com 103