It is very relevant that many businesses today are designed with the clear idea of driving a better world, based on the common good. Far from being a philanthropic statement, this new purpose of creating a “legitimate business” moves along the lines defined between the 1987 Brundtland report and the 2030 Agenda of 2015, that combines the three dimensions of sustainable development: economic, social and environmental. These three dimensions influence and are influenced by climate change as an element of common commitment.
We no longer have to choose between profit or sustainability, we need to think about business or profit through sustainability.
In this context, technology acts as a catalyst, enabling the possibility of rapidly scaling up any measure to tackle climate change through digitalisation.
Digital technology is one of the most powerful tools for tackling the challenge of climate change. Through artificial intelligence, machine learning, neural networks, data science, satellite intelligence, big data and data analytics we can quickly interpret, unite and amplify all the necessary parameters to link environment, society and governance (ESG), and the guidelines of the Sustainable Development Goals (SDGs).
Digital technology allows us to accelerate the solutions to move forward into the “decade of action”, as the United Nations calls the next ten years in which we need to act to counteract the increase in global temperature.
It is estimated that through the adoption of digital technology and innovation, a 15% reduction in emissions can be achieved by 2030.
In my current role at Globant, as Sustainable Business studio Director, we work with extended teams in various sectors so that technology and sustainability walk together in every service offered and our clients and partners can move forward in terms of emissions calculations, climate roadmaps, transparent climate finance, sustainable cultural training and carbon pricing.
In Globant we are cooperating within all areas of the 2030 Agenda through the most innovative technological development of digital and cognitive technology, to contribute to the advancement of this necessary sustainable revolution.
In the recent webinar ‘Coding for Climate’, we explored how organizations need new rules, processes and expertise, to define how they can create, implement and follow a roadmap to reduce their climate impact and achieve responsible business. I encourage you to watch it and send me your comments!
Elena Morettini, Sustainable Business studio Director, Globant