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The Role of Technology in Building a Sustainable World

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The Role of Technology in Building a Sustainable World

Date May 05, 2023
Author Kashu Shubhamoorty and Suniti Kaur
Publication Name InfEneTy

Introduction

An important question today is how technology can help in building a sustainable world.

A sustainable world can be defined as “where human needs would be met without chronic harm to the environment and without sacrificing the ability of future generations to meet their needs.”

It is essential to ensure that science, technology and innovation play a meaningful role in addressing the global environmental crisis. These have been identified as major pillars for implementing the 2030 Agenda for Sustainable Development.

Technology and innovation also carry risks and present challenges that must be addressed within appropriate legal and policy frameworks.

Sustainability is equally important for the overall performance of industries. Recent research by the Boston Consulting Group (BCG) has found a strong correlation between emerging market companies’ performance in Environmental, Social and Governance (ESG) indices and key financial and valuation metrics.

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