What is Sustainability Data?
Big data has seen much use in a variety of organizations because it has proven to be useful in the measurement and assessment of business performance. In the case of sustainable development, this data includes how much energy or water is used, how much waste is produced, and how much time and money are spent and saved on sustainability efforts.
Collecting sustainability data helps organizations provide reports to investors and show the progress of projects to stakeholders. It also helps in understanding vulnerabilities in certain situations, predicting human behaviors during crises and natural calamities, and avoiding geopolitical conflict.