Sustainability 3.0 is the way to integrate the strategic model of Social Responsibility and Climate Action through technology.
The sustainability revolution has accelerated faster than expected, while expanding to include a broader range of environmental and social issues.
The revolution towards sustainability 3.0 has accelerated faster than expected, while expanding to include a broader range of environmental and social issues.
Since Corporate Social Responsibility emerged, high-level executives have gradually begun to approve budgets in favor of sustainability, conscious capitalism and the environment. Now the trend is to integrate all strategy in the digital.
Like the digital revolution before it, the sustainability revolution promises to change everything. As with digital, however, many companies are moving too slowly, taking an incremental approach to a challenge that demands radical rethinking.
Sustainability 3.0
Remember back in the early 2000s, when businesses realized they needed to go digital, they hired a web developer? They soon realized that it was a woefully inadequate response to the enormous task at hand: the need to reshape their organizations, their products, their entire industries to meet the demands and opportunities of a digital economy.
Something similar is happening today as the executive suite hires a sustainability expert to guide this transformation. It’s a start, but it’s hardly the beginning of the work needed to navigate the impending revolution.
The task is daunting and there is no time to lose. We need to transform a global economy based on the principles of unlimited access to resources and the primacy of shareholders into one that recognizes the limits and consequences of everything we extract, manufacture, consume and waste, and the impacts on the people involved in it. do it. .
In response to urgent climate action, many companies have established sustainability programs and partnerships to address social and environmental issues. At the same time, digital technology has matured to the point where it can serve as a force multiplier for social impact. Yet too often the opportunity to make corporate sustainability initiatives even more effective through the use of technology is overlooked.
The challenge: Align technology with sustainability. Because many executives still see sustainability and technology as separate priorities and even opposing goals. The opposite is true, as the interplay between digitization and sustainability 3.0 opens up brilliant opportunities to create a greener economy and society.
How can technology help the organization achieve its SDGs? Sustainability 3.0
By industry you can advance a lot through technology. It is investing in sustainable innovation. It is Sustainability 3.0
The automotive, metals and mining industries are closely linked in the shift to a sustainable supply chain operating model, with the final link being large-scale electric vehicle production. Given the automotive industry’s ambitious net-zero emissions targets for 2030-2035, this subsequently requires sourcing of low-carbon components and materials.
Consequently, the metals industry is working hard to decarbonize steel and aluminum by restructuring its production and transportation processes with low-carbon, zero-carbon technologies. In turn, the mining industry, as a supplier of iron ore and bauxite, must also decarbonize its operations to comply with the general mandate of the market, to go towards sustainability 3.0.
Digital platforms are the central means of orchestrating ecosystems for collaborative climate action across businesses and markets at scale, and alongside digital process flows that enable collaboration across sectors, technology is the critical enabler. Or, to put it more clearly, sustainable change in all industries is not possible without digital technology.
What factors can help you cover
Improved resilience
Higher operating performance
Effective communication
Technological development must go hand in hand with sustainability, because only in this way can companies and countries reduce their carbon footprint and greenhouse gas emissions.
The technology sector is taking very important and firm steps around the development of solutions that generate a positive impact in caring for the environment. They also indicated that the greater the digital transformation, the greater the sustainability, that digitization is one of the issues that is being promoted the most by the sector. This is Sustainability 3.0
The fundamental task of the socially responsible company is to seek alliances with technological manufacturers that seek a reduction in the carbon footprint, in addition to making our clients aware of the need to contribute each one from their field of action in favor of caring for the environment. environment and carbon footprint reduction
