As the world faces the ravaging consequences of climate change, biodiversity loss, pollution, pandemic, and multiple socio-economic disruptions, it’s crucial that we combine all our strength and knowledge to pursue sustainable development. Meanwhile, the world is rolling towards a digital future, and the far-reaching influence of digital technology can help adopt sustainable practices, improve resource efficiency, reduce pollution and emissions, and adapt to climate change better.
Emerging technologies like artificial intelligence, machine learning, blockchain, the Internet of Things (IoT), and geospatial mapping have proven potential to assist us in achieving sustainability objectives. And one of the most impactful tools in our arsenal whose full potential we are yet to unlock is
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Over the last three decades, digital transformation has enabled greater performance, innovation, and creativity in advancing environmental and socio-economic sustainability. Numerous organisations have used these emerging technologies to find solutions to age-old issues in recent years. Now, it’s time to encourage governments, businesses, and individuals across emerging large economies like India to embrace environmental-friendly behaviours, laws, and business models, aided by digital technology.
Overall, the insightful session concluded with panellists agreeing on technology's crucial role in promoting sustainability. AI, blockchain and other emerging technologies unlock innovative solutions to tackle environmental challenges and achieve sustainable development priorities. The panel hopes that this empowering role of technology in the sustainability journey of businesses in India will help ESG from being a buzzword to being a standard operating procedure for India Inc.
Disclaimer: This is a sponsored post in partnership with Microsoft