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Green is the new Green

The conversation around sustainability is shifting from a moral imperative to an economic imperative. Green business is good business - according to our recent research.

Sustainable Innovation: Central to your Business Future

Sustainable Innovation: Central to your Business Future

Any company will need to factor in carbon as part of its decision-making process.

  • Sustainability investments are linked to business gains
    • Even with the challenges of the pandemic, sustainability strategies will grow in importance in the next four years. Businesses in Europe are more apt to increase sustainability spending. 
  • Technology investment is key to combating climate change
    • More than three-quarters of study respondents (77%) list environmental sensors and IoT as important or very important to meeting their sustainability goals. The widespread deployment of such sensors could have valuable implications for traffic efficiency, wildfire response and more. 
  • Emerging tech can catalyze current sustainability endeavors
    • While many respondents report using tried-and-true sustainability approaches such as eco-friendly lighting and renewable energy, these more traditional approaches can be supercharged by new technologies. 
  • ROI will require a renewed look at sustainability strategies
    • Over three-quarters of senior leaders cite uncertainty around ROI as a challenge to realizing sustainability goals. Lack of clarity and commitment from C-suite leaders also represent significant hindrances for study respondents. Clearly defined goals and strategies can help alleviate this.
  • Less-used sustainability initiatives could result in quick wins
    • Respondents have made less use of a range of low-budget but high-impact practices, such as reducing business travel (pre-pandemic) and buying refurbished electronics.

Transforming to a circular and truly environmentally sustainable business should be the goal of all corporates to achieve their SDG targets

Rouzbeh AminiHead of Sustainability Solutions & Industry 4.0 practice, EMEA

How Green technology can take your business to the next level  

  • With Industry 4.0

    Consumer goods company Orkla offers strong local brands in the Nordics but is also a global player. It has implemented a business-driven, step-by-step approach for accelerating digital initiatives across its 108 factories.

    READ CASE STUDY

  • Digitalization is key

    The Norwegian Government considers it increasingly important to make use of digitalization in the green shift in its strategy for developing a green, circular economy.

    READ INTERVIEW

  • The Future of Energy & Utilities

    The future of energy & utilities will be a world of opportunities, but the transformation will require substantial steps and boldness.

    READ WHITEPAPER

  • In Manufacturing

    Grundfos Is Pumped Up for Digital Transformation with Help from Cognizant

    READ THE REPORT

Ready make real impact for your business?

We are well positioned to help our clients achieve their Environment Sustainability goals within UN’s Sustainable Development Goal framework.