In current COVID times, the mantra for success includes a healthy mix of innovation with thoughtfulness and corporate social responsibility. As the efforts toward digital transformation are accelerating, so are the pressures to operate as responsible businesses. More and more CXOs are working on striking the right balance between accelerating digital transformation and their sustainability strategy, in addition to adopting a more digitized stand with a “cloud-first” approach.
Sustainability in the Cloud
Companies have historically driven financial, security, and agility benefits through the cloud, but sustainability is becoming imperative. According to the United Nations Global Compact-Accenture Strategy CEO Study on Sustainability, more than 99% of CEOs from large companies now agree that “sustainability issues are important to the future success of their businesses.” Two-thirds of the CEOs view the fourth industrial revolution (4IR) technologies as a critical factor for accelerating socio-economic impact. 59% of CEOs say that they are deploying low-carbon and renewable energy across their operations today.