The most important take out the pandemic may have given us is that when the world really wants to change something fast, it can. In March , cities emptied out overnight and the world went online, showing that we can all pivot at speed when we try. It&#;s this kind of rapid change that we now need to see with regard to climate topics across the corporate world.
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There is no single road to achieving the sustainability goals or further on to a zero carbon world. We can all take actions on a personal level but also on a business, community, city and country level. Decarbonization is needed across the board and digitalization will play a critical role.
Digitalization is critical for making industries more sustainable &#; resulting in less waste, more resource efficiency and greater productivity. For instance, in the energy sector, digitalization can help wind farm operators automate offshore windfarms, allowing them to operate more productively. In agriculture, the adoption of digital technology can increase yields, reduce costs, and cut water use. Across manufacturing, converting to smart manufacturing can help secure annual productivity and energy-saving gains of 10-20%. While recent research suggests the COVID-19 pandemic speeded up digitalization by an average of six years, the greater part of the world&#;s economy lacks access to key digital technologies.
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Watch our CEO, Pekka Lundmark speaking on COP26 about accelerated digitalizaton.
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