From Efficiency to Responsibility: How Enterprises Are Leveraging Technology to Drive Sustainability
State of the Market Report

8 May 2023
by Rita N. Soni, Arpita Dwivedi, Ambika Kini, Meenakshi Narayanan

Enterprises worldwide have started recognizing the importance of sustainability as a value driver and are adopting a triple bottom-line approach, which focuses on people, the planet, and profit, to realize their business goals. Technology is fast evolving as the key enabler for sustainable and responsible business models, with significant adoption of AI, IoT, predictive analytics, and blockchain for many use cases in the sustainability services market. Presently, the planet aspect of sustainability is garnering maximum industry focus, with providers designing net-zero strategies, offering climate risk assessment and auditing, and assessing product life cycles.

The pandemic has also made enterprises realize their responsibilities toward business stakeholders and communities. Thus, they have started investing in stakeholder-centric operations, products and services focused on accessibility, end-user experience, Diversity, Equity, Inclusion, and Belonging (DEIB), and Employee, Health, and Safety (EHS) services. The demand for sustainability services is increasing, and so is enterprises’ need to leverage end-to-end strategic partners that can create seamless sustainability-led journeys.

This report captures the current state of the sustainability technology and services market and emphasizes the importance of striking the right balance between sustainable IT and IT for sustainability.

Scope

All industries and geographies

Contents

In this report, we:

  • Provide a detailed outlook of the sustainability-enablement technology services market
  • Deep dive into major use cases of sustainability enablement across people, planet, and profits
  • Emphasize the importance of striking the right balance between sustainable IT and IT for sustainability

Membership(s)

Sustainability Technology and Services

Sourcing and Vendor Management

 

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