Information Systems for Environmental Sustainability

IT, Resource Productivity, Environmental Preservation, and the Fourth Industrial Revolution

Regulation begets Innovation (sometimes at least)

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The UK CRC Energy Efficiency Scheme requires detailed and systematic energy and GHG emission reporting.

Reporting requires innovative new GHG emission services and systems.

So, at least in the UK, CRC would appear to be stimulating markets for carbon management systems and related services.

This in no way implies that CMS is a silver bullet.

Here’s some evidence from a recent survey that lack of knowledge about requirements and regulations may hinder successful innovation within organizations:

  • 22% of senior IT professionals admit that they haven’t heard of the CRC Energy Efficiency Scheme.
  • 28% of respondents state that they are aware of the scheme and have investigated whether their organisation qualifies or not
  • 42% state that they are aware of the CRC Scheme but are unsure whether their organisation qualifies.

Julian Buck, Managing Director of Version One, which developed the survey, emphasizes:

With qualifying organisations requiring suitable software systems to enable them to monitor, measure, report on and reduce their carbon emissions, it’s vital for IT Directors to be fully aware of the CRC, its requirements and its IT implications.

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Author: nigelpm

Associate Professor of Information Systems, Stephen M. Ross School of Business, University of Michigan - Helping organizations to navigate digital transformation.

One thought on “Regulation begets Innovation (sometimes at least)

  1. The ‘Porter Hypothesis’ in action?

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