Digital technologies are now being utilized to analyze and monitor progress toward sustainability goals.
Some of the critical tools making the next round of sustainability solutions possible consist of artificial intelligence and digital twins.
More and more companies are using green tech to achieve their sustainability goals. A survey, which had over 400 executive respondents from diverse companies and territories, showed that 40% of participants think digital technologies are already benefiting their sustainability agenda.
For example, Grupo Bimbo, a US $16.6 billion banking firm that integrated analytics tools, machine learning, and constant feedback to improve ineffective purchasing and minimize waste, demonstrates the correlation between measurement, optimization, and waste reduction.
In order to achieve progress within their sustainability goals, organizations have to guarantee their ability to measure their influence in areas like CO2 emissions.
Another example is Olam International, which is a global agribusiness bringing in $27 billion in annual revenue; they launched AtSource, a revolutionary digital sustainability platform, to help enable the agriculture sector to satisfy specific goals of lowering greenhouse gas emissions, reducing waste, and improving farmer livelihoods.