DIGITAL TRANSFORMATION
“ BUSINESSES WILL RESPOND BY DEMONSTRATING IN REAL TIME HOW THEIR NEW MODELS LEAD TO REGENERATIVE OUTCOMES , INSTEAD OF THE CONSUMPTIVE MODELS OF THE PAST ”
DR . MATT BELL GLOBAL CLIMATE CHANGE AND SUSTAINABILITY SERVICES LEADER , EY
As the world enters an age of radical transparency and collaboration , digital innovation will also allow businesses and consumers alike to better understand the impact their decisions have on the world at large . “ Businesses will respond by demonstrating in real time how their new models lead to regenerative outcomes , instead of the consumptive models of the past . Less linear and more circular business models will prevail with digital enablement that connects the once-distant silos of industry .
“ By leveraging digital technologies themselves , companies will create more efficient processes , reduce waste , and develop new sustainable solutions . Predictive analytics will optimise resource use , and blockchain will reveal global supply chains , ensuring more ethical sourcing .”
Adopting digital technologies can reduce an organisation ’ s environmental footprint and promote social responsibility As explained by Levent Ergin , Global Chief ESG Sustainability Strategist at Informatica , well-managed ESG data
116 August 2024