4 minute read
Learn how the technologies that large businesses are using to drive sustainability could also help them perform better.
Large businesses are in the spotlight when it comes to sustainability. From2023 , it’s expected that UK listed businesses and financial institutions will be required to publish their net zero transition plans.1. However, did you know that the same technologies that realise your sustainability goals can help you become a higher-performing business?
Large companies that integrate sustainable transformation into their operations are two and a half times more likely to be among tomorrow’s best performing businesses.2 Let’s find out more.
Technology is key to understanding your enterprise’s emissions levels and reducing them over the long term.
A wide range of resources are now available to help drive your emissions reduction strategy forward. These range from IoT-based monitoring platforms that measure the Scope 1 (direct) emissions generated by your heating, ventilation and air conditioning (HVAC), to databases and dashboards that provide an instant emissions rating for your suppliers’ (Scope 3) emissions.
These technologies will help you cut your energy consumption and almost always lead to lower bills – especially welcome at a time when gas and electricity costs are rising.
The cloud-based technology platforms that help reduce your carbon footprint are also great news for personal productivity, employee wellbeing and staff retention – to name just a handful of benefits.
Today’s enterprise-grade SaaS collaboration platforms bring together all your people’s preferred communication tools and apps in a single platform, saving employees up to an hour each day that’s otherwise wasted toggling between different apps and tools. 3
At the same time, cloud platforms can help shrink your Scope 1 and Scope 3 emissions. Choosing cloud over on-premise technology in areas like collaboration could improve your energy efficiency by up to 93%.4 In addition, allowing your people to work from home even one day a week will help reduce business travel, which is classed as a Scope 3 emission.
The leading cloud providers now offer detailed environmental and emissions data for their services,too, so you can easily see how the choosing cloud applications and platforms is helping you advance towards your net zero goals.
“35% of enterprises view ESG as a leading consideration when making investment decisions, with another 41% viewing it as important. “5
Enterprises are leading the way in using innovative digital technologies to monitor business performance in areas ranging from vehicle telematics to smart buildings and buildings automation. These same technologies also seamlessly integrate into your sustainability and net zero agenda. For example:
These are just a few examples of how sustainability and business performance go hand in hand, enabled by today’s innovative digital technologies.
Learn more about how Vodafone is supporting sustainability in everything we do >
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