The world is transforming into a global village that is connected digitally always. This is part of the revolution that experts have called the digital transformation. The world in general and businesses have become digitalized in one way or the other. This digital transformation is either complete or partial but there is no going around the fact that it is now imperative for organizations to reduce errors, increase productivity and achieve long terms objectives.
While the world has gone digital, into what is known as a ‘carbon-lite’ phase, the environmental and social concerns surrounding this change have not diminished. Environmental preservation advocates have repeatedly pointed out that even if digital transformation seemingly has a negligible carbon footprint; it is not completely harmless towards the environment.
As a result, industry experts have begun to take extensive measures to implement the next phase of digital transformation, i.e. digital sustainability. Coupled with the ideas of green IT and technology, digital sustainability initiatives are important to prove to the society at large that the digital revolution can considerably reduce the detrimental impact on the environment.
Benefits and objective of Digital Sustainability
It is estimated that for every 1% increase in GDP there is a 0.5% increase in CO2 emissions on average around the world. The dependence on natural resources also grows by 0.4%. These are alarming statistics considering the limited amount of resources that we have left and the pace with which the impact on the environment is growing. Digital transformation can help the world reach its sustainability goals effectively and with minimal investments.
Most businesses around the world have completely or partially transformed into digital organizations because of the benefits that this concept brings for them. This means that using this transformation to implement the concept of sustainability doesn’t require extensive overhaul of the systems that are used to run businesses on a day to day business.
Here are some key figures that show the extent of the benefits of digital sustainability:
- It can help cut CO2 emissions by almost 26 million metric tons in 7 years from 2018 to 2025 by just being enforced in three major industries, i.e. electricity, logistics and automotive manufacturing.
- Digital energy storage integration in the electricity sector alone can create more than $400 billion worth of new value for the economy.
What’s in store for digital sustainability?
If done correctly, digital sustainability has the potential to transform industries in a way that can help them meet their environmental preservation goals and contribute towards the sustainability of the environment at the same time. The entire concept of digital sustainability revolves around making and using technologies to reduce the overall carbon footprint that is left behind by traditional industrial processes. This concept has driven the world towards a new objective that is beneficial for all segments and is vehemently being pursued by leading organizations around the globe.