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Why Technology is Critical to Inform ESG Strategy and How GCX’s Move to Hyperautomation Can Help You

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With the right technology in place, companies can support ESG investment decisions with accurate reporting, drive sustainable IT, provide carbon neutral technologies, and give investors opportunities to create a path to net zero with fully transparent outcomes.

Climate tech is part of a larger movement that, driven by the rise of ESG, is being accompanied by reporting technologies that enforce robust regulations and support long-term interest. ESG is now centre stage, and businesses, investors and governments are using it to link their decisions to measurable outcomes. Those companies who fail to embrace ESG reporting technologies that enable social and environmental change risk losing the fundamental trust of their investors.

Taking ESG data seriously means leveraging the latest developments in Artificial Intelligence, Natural Language Processing and Blockchain and utilising these to create real-time reports through hyperautomation. Investment managers can then utilise these reports to analyse how policies are impacting their ESG rating from the outset, making it easier to optimise the outcomes.  

What is hyperautomation?

Hyperautomation has been recognised by leading technological research and consulting firm Gartner as one of this year’s Top 10 Strategic Technology Trends. It combines disruptive technologies, including intelligent process automation, robotic process automation (RPA), process intelligence, artificial intelligence (AI), and machine learning (ML), to create an end-to-end automated solution for business users in real-time.

Hyperautomation brings a range of tools that effectively augments the human workforce in significantly more effective ways than isolated automation tools. It drives higher-level functioning from task automation to orchestration to intelligence, enabling predictive insights, guided recommendations, process mining, and adaptive decision making.

To solve hyperautomation needs holistically, a platform-based approach is imperative to streamline and maximise the capabilities of these technologies. The crux lies in bridging silos – both functional and technological – and creating an integrated platform strategy.

GCX and Newgen’s digital transformation platform provides a leading-edge solution to the full range of hyperautomation needs for ESG risk and visibility. This innovative platform enables accelerated automation of end-to-end processes, continuous improvement and process agility.

8 key benefits of hyperautomation:

  1. When properly utilised, hyperautomation can help you deliver a superior experience while ensuring continuous improvement and speed in all areas of your business and workflows.
  2. Hyperautomation lends you additional leverage by augmenting humans, ensuring that your employees, partners, and customers can collaborate productively and effectively.
  3. It connects your people, processes, systems, and things to deliver transformed experiences.
  4. Hyperautomation enables companies to orchestrate and deliver processes through holistic and intelligent process automation.
  5. It enables last-mile process automation with intelligence through robotic process automation.
  6. Drives delivery of excellent customer experience with speed.
  7. It infuses intelligence in your processes through process analytics, algorithms, content analytics, artificial intelligence, and machine learning.
  8. Hyperautomation builds an integrated and automated process fabric for your organisation through the integration of legacy and new-age technologies.

To find out more about GCX and Newgen’s hyperautomation platform and how it could transform your business’ ESG journey, contact us.

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Bernard Jacobs

DIGITAL DIRECTOR

After 14 years in the marine water sector Bernard joined GCX in 2013 and initially focused on water sustainability at corporate level. It was this process that highlighted that “most” corporates, with all good intentions, do not have the know-how, ability or understanding of how to go about gathering, managing and reporting responsible data.

During his tenure at GCX, Bernard combined his formal accounting training, his IT skills and worked together with the highly skilled technical team at GCX and its associates to develop the GCX GCX Data Analytics and Sustainability Hub (DASH-).

Ohad Shachar

SUSTAINABILITY DIRECTOR

Ohad joined GCX in 2008 and has over 15 years of sustainability management consultancy experience, specialising in the development and delivery of climate change response programmes. This has included carbon footprint analysis, life cycle assessments, GHG verification services, CDP reporting and GHG mitigation and adaptation strategies – all of which he has implemented with a portfolio of JSE-listed companies across various sectors such as Property, Insurance, Finance, Mining and Fisheries.

Ohad has co-authored various climate adaptation studies in agricultural and insurance sectors, and has assisted companies and cities in developing innovative climate risk and vulnerability assessment tools. He has a BSC Hons in Biochemistry, and an MPhil in Environmental Management.

Sandra Ririe

FINANCE & OPERATIONS MANAGER

Sandra is responsible for the financial and operational management of GCX. She brings rigour and discipline to the organisation’s finances and executes our strategy through efficient and sustainable operations management. Prior to joining GCX in 2012, she worked with a variety of companies to optimise their administrative processes and to build capacity internally, with a specialised focus on customer relationship management. Sandra holds a BComm Financial Accounting Degree from Stellenbosch University and a Post-Graduate Diploma in Enterprise Management from the University of Cape Town.

Kevin James

CEO & FOUNDER

Kevin leads a dedicated team of strategic environmental sustainability and project management experts. He and his team actively support the transformation of large, complex organisations into more responsible and valuable entities by unlocking fast-emerging green economy opportunities.

As a professional with deep experience in strategic corporate sustainability as well as in the development of green, low carbon projects, Kevin and his team have developed sector-leading technology within the design and implementation of business intelligence analytics. Kevin also holds non-executive Directorship in The Green Building Council South Africa.