Digitalization and sustainability are both powerful trends. What happens when they merge?
“The digitalization-sustainability convergence in business and society offers executives both opportunities and challenges, within the organization and across organizational boundaries. Within, companies are using digital tools to map their environmental footprint and assess the impact of environmental shifts on their business. New digital technologies are improving sustainable innovation, even as they create new vulnerabilities like cybercrime and privacy loss.”
One of the great benefits of digitalization is that companies are able to quantify and measure results to a much greater degree than ever before, often in real time. Why might this be relevant to sustainability efforts? Being able to determine the real effects of the resource or process improvements that sustainability initiatives produce will impact the bottom line if companies use this information for competitive advantage.
Contact us and we can help you align around the digitalization-sustainability convergence for your bottom line.
Read the full article at: sloanreview.mit.edu