Insight: Here is What the World’s Leading Executives Have to Say About the Emerging Dual Space of Digital and Sustainable Economy
The digital and sustainability paths, previously considered to be parallel, are now highly intersecting and reinforcing each other, pointing towards a symbiotic relationship between technological advancement and environmental values. Showcasing this relationship, digital technologies are expected to contribute more than one-fifth, and up to one-third, of the GHG emissions reduction required by the Paris Agreement by 2030, illustrating their importance to sustainability transformation. As such, it’s important to understand the main drivers of this shift because of the implications this shift has on the global business landscape, including the demand for businesses to prioritize integrating digital innovation with sustainable practices. With the eco-digital economy including benefits that extend well beyond improvement in core business activities, it’s imperative for leaders to have a vision for digital transformation at their organizations going forward with a focus on harnessing the opportunities created by the emerging eco-digital economy including digital strategy, cybersecurity, sustainability, and more.