Organisations Will Increase Business With IT Vendors With Demonstrable Sustainability Goals: Report
A latest report revealed that 75 per cent of organisations will increase business with IT vendors that have demonstrable sustainability goals and timelines by 2026.
The report also mentioned that these organisations will seek to replace IT vendors that do not have sustainability goals and timelines.
“Organisations with sustainability targets have realized that technology vendors within their ecosystem will have a significant part to play in their success,” said Stephen White, Senior Director Analyst at Gartner.
It said that the criticality of technology vendors with poorly aligned sustainability objectives will be identified by SPVM leaders and stakeholders. Ultimately, the services of those vendors will be scaled down and new alternatives will be found.
“Sustainable sourcing, contracting and performance management are critical to minimize technology’s environmental impacts. Avoid being dazzled by providers’ headline commitments or greenwashing, and instead, review the detail behind headline commitments and validate merit and performance,” White said.
By 2026, 70 per cent of technology sourcing, procurement and vendor management (SPVM) leaders will have environmental-sustainability-aligned performance objectives for their functions, according to the Gartner, Inc. report.
“Moving forward, sustainability will be a driver or fully operationalized in the decision-making process by default,” said White.
“SPVM leaders must set the transformation agenda for their function, enabling sustainable consumption of technology by executing key responsibilities: evaluating vendors, contracted vendor commitments, and managing vendors,” he added.
