Why Digital Technology Is Critical To ESG Success

On 28 July 2022, we reached Earth Overshoot Day-the day on which we have used all the biological resources that the Earth regenerates in a year.

- Oliver Sykes

Our rapid industrial and now technological advancement is the culprit. But that same technology will, it is hoped, prove to be our salvation.

There are many examples of how digital technologies can be applied to support environmental issues, including the use of robotics, the Internet of Things, and drones to improve efficiency, reduce waste, and provide less carbon-intensive means of environmental management. The 2022 World Economic Forum in Davos highlighted the many ways in which digital technology is transforming environmental protection across the world, from the use of blockchain technology to tackle illegal fishing to the use of AI to help protect endangered species. The WEF believes that digital technologies have the potential to cut global emissions in the three highest emitting sectors by 20% by 2050.