1. Assessment
The journey towards sustainable cost efficiencies begins with a comprehensive assessment of existing processes, systems, and resource utilisation. This entails thoroughly examining energy consumption patterns, waste generation, and carbon footprint across the organisation's operations. By identifying areas of inefficiency and environmental impact, insurers can lay the groundwork for targeted interventions.
This should include complete coverage measurement across all categories of ICT per the GHG Protocol, ICT Sector Guidance, Product, and Scope 3 Standards and in compliance with ISO standards (fully compliant with ISO/IEC 21030 for software carbon intensity measurement and complete adherence to ISO/IEC 20968:2002 for software engineering and functional size measurement) to provide a context for action and the creation of a digital carbon reduction plan that aligns with the organisation’s overall net-zero commitment.
Assessment data enables informed action and setting targets (KPIs and OKRs) against which the GreenIT strategy and execution can be managed. For example, KPIs may include an average reduction of 50% of emissions in software applications. FSI organisations that have been assessed can, on average, identify that ICT accounts for 20-25% of all emissions. Other guidelines include, for example, views on application hygiene, systems availability, and strategies to optimise people locations for optimal software emissions reductions.