Virtual Event | Tuesday, June 23rd - Wednesday, June 24th
COP26 Private Finance and TCFD
President & Chief Executive Officer
V-Square Quantitative Management
Director, Co-Head of Sustainable Investment and ESG
Lazard Asset Management LLC (New York)
Managing Director, Head of Sustainable Finance Group
Former Head of Responsible Investment
Global Head of Sustainability
Executive Director & Head of ESG Solutions
Director of Capital Markets Engagement
Global Reporting Initiative (GRI)
Global Digital Advisor
North America Head of CleanTech & Sustainability Solutions
Fintech Open Source Foundation (FINOS)
Welton Investment Partners
Head of ESG Strategy and Client Success, Americas
Global Head of Sustainable Investing & ESG Research
Todd Arthur Bridges
VP, ESG Research
Julia Asri Meigh
Director of Civil Society & NGO Outreach
SASB (Sustainable Accounting Standards Board)
Vice President, Sustainable Finance Group
Global Head ESG Commercial
S&P Global Market Intelligence
Coordinator, Sustainable Stock Exchanges
United Nations Conference on Trade and Development (UNCTAD)
Head of Go To Market
Director, Business Development
EXECUTIVE DIRECTOR, ESG RESEARCH PRODUCTS
Head of ESG Quantitative Investments
Product Manager – Sustainability Data & Research
Head of Sustainable Investing, Lipper and I&A Insights
Leon Saunders Calvert
Head of Product Management
Chief Data and Analytics Officer
Head of Partner Strategy & Integration
A must for Chief Technology Officers, Data Engineering Leaders, Chief Operating Officers and any technical leads.
A must for Chief Investment Officers, Portfolio Managers, Data Analysts or any investment and research leads.
According to a recent study, data centers consume ~2% electricity worldwide. This could rise to 8% of the global total within 10 years.1
Efficient energy usage makes sustainability possible--but how do we address this need now for the future? For some time, renewable energy sources, such as biomass, wind and solar power have brought us closer to addressing our growing energy demand and carbon output. But with the digitization of many industries and the rise in data-driven business models, few are aware of the immense impact that technology and data processing have on our energy usage. This growth is unsustainable. As technology leaders, we share a responsibility to understand and address our data carbon footprint. Ingraining sustainability into our practice and measuring our collective impact now is crucial to avoid the risk of future problems that can cause even greater harm.
There is a significant energy cost associated with data, exacerbated by its exponentially growing demand and the vast amount of processing, storage, and replication happening across industries. Although storage costs per unit of data continue to come down, there are still unsustainable physical, economic, and energy costs. The carbon footprint of information and communications technology is currently measured to be 2% of global emissions, and expected to grow to 8% by 2030. With firms spending approximately 80% of their data resources in repetitive data processing, storage and management work, and only 20% on data science, we believe there’s ample opportunity to design and build better processes that avoid duplicative or inefficient data processes and enable more efficient data usage.
At Crux, we sit at the intersection of data and finance and see firsthand the need among firms to set their data infrastructure on a more sustainable path. In our analysis, it’s not a question of why sustainability is essential--it is simply something that needs to be done. Our community brings together data owners, data consumers, and technologists, all of whom share the energy usage of the broader data ecosystem. We embrace our role as connectors to provide a place for important conversations on sustainability to take place. By fostering this dialogue, we hope to find ways together to make the data supply chain and the use of ESG data more efficient.
This future will not come about lightly, but we have the opportunity to solve problems now that will help us avoid future burdens on our society. It is through active and regular dialogue on this important topic that we, as an industry, can generate new ideas and create meaningful, lasting change.