Sustainability drives competitiveness and resilience, not just green goals: TCS executive
Companies face the challenge of how to translate their climate pledges into measurable outcomes, says Shveta Bhardwaj
Tata Consultancy Services (TCS) executive Shveta Bhardwaj highlights that a key challenge for businesses is turning sustainability commitments into measurable results, not just setting targets. Bhardwaj, who leads sustainability services in Asia-Pacific at TCS, explains that this involves leveraging data, operating models, technology, behavioral change, and accountability.
TCS works with numerous industries across 11 markets in the Asia-Pacific region to drive sustainability transformation. Singapore and Australia are mentioned as mature markets with strong sustainability progress, thanks to government support. Bhardwaj oversees the TCS GoZero Hub, a joint initiative with Nanyang Technological University's Energy Research Institute in Singapore and Macquarie University in Australia, which aims to accelerate sustainability innovation and energy transition.
Another project is a virtual power plant regulatory sandbox in collaboration with the Singapore Energy Market Authority, testing how distributed energy resources can participate in the wholesale energy market. Bhardwaj emphasizes the shift towards bi-directional energy flows as renewables become more prevalent and the need for enterprises to rethink their power purchase agreements.
She stresses that sustainability should remain an integral part of a company's operating model, not an isolated initiative, and that TCS sees sustainability embedded in the organizations they partner with.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
