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CyberSustainability in companies - cybersecurity as a Driver of corporate sustainability Secure infrastructures and processes are increasingly essential for achieving ESG goals.
Environmental: Efficient cybersecurity measures are not only crucial for protecting data, but also help to reduce the environmental footprint of energy- intensive data centres. Cybersecurity is also crucial for the security of supply chains and utilities in order to avoid costs and the use of resources.
Social: A cyberattack on critical infrastructure would have serious social repercussions. Companies are faced with the task of protecting personal data in order to avoid violations of informational self-determination. Cybersecurity is therefore also of social relevance, as it protects the foundations of privacy and individual self-determination.
Governance: Comprehensive cybersecurity is crucial for a company’s reputation, customer trust and shareholder value. Companies that prioritise cybersecurity not only contribute to the security of data and assets, but also create a more sustainable, ethical and transparent business environment.
In this respect, cybersecurity also acts as a driver of corporate sustainability.
The close link between cybersecurity and corporate sustainability should be anchored together as a key topic in corporate strategies, also of lubricant companies. Corporate sustainability and cybersecurity are two sides of the same coin, and this coin goes by the name of “CyberSustainability”.
About the Author: Apu Gosalia, also known as “The Sustainalyst”, was the Global Vice President for Competitive Intelligence and Chief Sustainability Officer at the Fuchs Group for many years.
Today, he advises and consults companies from various sectors of the economy as an expert in sustainability and strategy and also teaches these topics as an honorary lecturer at several universities. Gosalia is also Co-Chairman of the Sustainable Economy Commission in the Senate of Economy in Germany, as well as a member of the Supervisory Board and ESG Climate Council on the Board of Trustees of Forum Nachhaltig Wirtschaften in Germany.
Apu further acts as columnist, key note speaker and partner of the sustainability consultancy Fokus Zukunft. He can be contacted at a.gosalia@
senat-deutschland.de or apu.gosalia@
fokus-zukunft.com.
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