Strategy Consulting by FTI Consulting
Sustainability in Tech: Key Lessons from Big Tech Companies
Sustainability in Tech: Key Lessons from Big Tech Companies
October 3, 2024
The ICT sector's global emissions are expected to increase from 3% to up to 14% by 2040, driven by the growing demand for cloud computing, AI, and advanced technologies. Despite progress, tech companies' sustainability efforts need to be strengthened to address future environmental challenges. Adopting robust ESG initiatives not only benefits the planet but also drives profitability. Companies with strong sustainability practices see increased revenue, reduced operational costs, and better market performance. Leaders in the tech industry are setting ambitious Net Zero goals, investing in renewable energy, and prioritizing environmental, social and governance (ESG) strategies for long-term success.
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