The 17 Sustainable Development Goals established by the United Nations are being discussed in boardrooms of today’s businesses and Environmental, Social, and Government (ESG) factors play a key role in analysis of future business partners. The future will witness a substantial move towards alternative energy sources.
The shift to green micro-grids, and development of power-efficient sensors and systems will see a rise in disruptive technologies such as cybersecurity, IoT and green manufacturing. The trade-off between technological advancement and optimal use of materials and energy will be a key talking point in the future.
Enterprises are strategizing to re-design their entire supply chain and adopt economical environmental practices, from utilizing sustainable energy sources to adopting alternative resources. The use of advanced data analytics, cobots & robots, mixed reality technologies, and digital twins & threads, will contribute to increased traceability, and supply chains will become circular and green.
The emergence of sector-specific legislations and guiding principles will shape enterprise investment and action over the coming decade.