Neeley Analytics Initiative’s Post

🌿 Top 10 Sustainability Trends for Business in 2024 🌍 1️⃣ Realistic Goals: Businesses are concentrating on details like water and packaging when making realistic sustainability goals. 2️⃣ New Laws: Sustainability reporting is made more open by the EU's CSRD and California's AB 1305. 3️⃣ Clean Energy: More businesses are moving to clean energy to become more environmentally friendly. 4️⃣ Compliance: Many are focusing on meeting sustainability laws, but not always improving sustainability. 5️⃣ Company-wide Focus: Sustainability is becoming part of everyone's job, not just a department. 6️⃣ Transparency: Companies are being more open about their sustainability efforts. 7️⃣ Data Use: Better data collection to track and improve ESG efforts. 8️⃣ Tech Help: Using AI and green tech to boost sustainability. 9️⃣ Full Picture: Looking at all environmental impacts, not just carbon. 🔟 Profitable Sustainability: Sustainability is seen as good for business and their reputation, not just the planet. Which of these trends do you think will have the biggest impact on businesses this year? Share your thoughts! #Sustainability2024 #BusinessTrends #CleanEnergy #Transparency 

Sustainability is one of the most relevant driving principles for our IT strategy, as well of course for our Technology Sourcing. It is hard for us to accept technology and vendors that do not have concrete commitments to reduce environmental impact. Consequently, we steer our services applying #greenIT practices as much as possible, and we are eager to adopt new ideas from our colleagues and from the Market. By the way, reducing the negative impact of IT and non-IT operations, through #sustainable practices, often brings a positive business case. We are, nevertheless faced with two critical agenda items: reducing carbon footprint while simultaneously adopting ever more powerful technologies. Here win-win situations are not always evident and, especially as early adopters, it is difficult to have a clear answer to the sustainability question. As resource-intensive #AI becomes widespread, it is more and more important to understand the bottom line and the trade offs, between productivity increase and environmental impact. #greendatacenters #sustainableprocument #ewastemanagement #renewableenergy #energyefficiency Barbara Karuth-Zelle , Heidi Hellinger-Bauer , Katja Oristanio Emilia M. , Hermann Baronius , Sören Ruttkowski

In the digital age, our technology promises endless possibilities, including paving the way towards a more sustainable future. However, it's a path fraught with contradictions. ⚠️ The production of our beloved gadgets and the operation of the vast internet consume vast amounts of energy and contribute significantly to global emissions. Yet, there's a silver lining. Digital tools can help us reduce energy consumption, streamline our lives, and make sustainable choices more accessible. But there's a catch - digital sufficiency. It's about using technology where it truly benefits us and the planet, not for technology's sake. We stand at a crossroads where digital innovation can either contribute to our sustainability challenges or offer viable solutions. The deciding factor? How we choose to harness this powerful tool 🤖 Let's aim for a balance where #digitalization serves our environmental goals, creating a future where technology and #sustainability go hand in hand. Want to learn more? There's a great video that explores this topic in depth. You can find it here 👉 

The Illusion of Green: Are Tech Giants Truly Committed to Sustainability? In recent years, large enterprise technology players have increasingly vocalized their commitment to sustainability, crafting extensive press releases and touting high ESG (Environmental, Social, and Governance) scores. Yet, despite their fervent declarations, a critical examination often reveals a stark contrast between their stated intentions and actions. This discrepancy raises important questions about whether these companies are genuinely dedicated to sustainable practices or merely engaging in greenwashing to enhance their public image. One core example of this disconnect is seen in some corporations' energy usage. While they may proudly announce investments in renewable energy projects, the overall carbon footprint often paints a different picture. Reports have highlighted instances where tech giants still rely heavily on non-renewable energy to power data centers, which are among the largest consumers of electricity globally. These data centers significantly contribute to emissions, undermining any lip service paid to sustainability. Moreover, the lifecycle management of electronic devices is another area where rhetoric falls short of reality. Promises to promote a circular economy through recycling and sustainable manufacturing processes often lack tangible results. The rapid turnover of electronic goods continues, spurred by the pursuit of profit and planned obsolescence, which leads to increased e-waste and resource depletion. The public statements made by these enterprises frequently emphasize transparent supply chains, yet numerous audits and investigations reveal persistent environmental and human rights abuses in their supply networks. These findings suggest a gap between corporate pledges and the actual oversight and enforcement of sustainability standards. To be fair, some companies are making genuine strides towards sustainability, albeit incrementally. However, the broader trend of proclaiming commitment without substantial action is increasingly evident. For the industry to achieve true sustainability, it requires more than just high ESG scores—it demands a fundamental shift in operational practices and corporate culture. As enterprises navigate this complex terrain, stakeholders, investors, and consumers must scrutinize actions over words. Only through consistent accountability and transparency can we discern authentic dedication from strategic posturing in the realm of sustainability. What are your thoughts on this? Am I being too hard on them? #Sustainability #FakeSustainability #EnterpriseIT

Sustainability isn’t just about reducing harm—it’s about drawing inspiration from nature to build a future where businesses thrive in harmony with the planet. 🌍✨ Being part of a company that cares about sustainability is very inspiring. #AYV (Amplify your voice) Eryn Devola, Head of Sustainability at Siemens Digital Industries, shares in an interview how businesses can move from just reducing harm to embracing nature-inspired strategies. This approach, combined with digital technologies like AI and automation, not only enhances resource efficiency and circularity but also fosters innovation, resilience, and growth. Explore more insights from this interview and draw inspiration from it to create a better tomorrow!👉: https://sie.ag/3sU51U

Sustainable Technology: With the growing demand for sustainability, 2024 will see more eco-friendly tech innovations. From green energy solutions to energy-efficient data centers, businesses are turning to sustainable tech to reduce carbon footprints.

The road to sustainability will not be without its challenges. The journey will be long and require industries to collaborate, compromise and invest in new technologies that enable cleaner practices. Ensuring your organization or facility reaches digital maturity is an essential part of this process. Leverage data and automation to create meaningful change - economically and environmentally 🌍 #DigitalMaturity #DigitalTransformation #SustainabilityGoals #Sustainability

The road to sustainability will not be without its challenges. The journey will be long and require industries to collaborate, compromise and invest in new technologies that enable cleaner practices. Ensuring your organization or facility reaches digital maturity is an essential part of this process. Leverage data and automation to create meaningful change - economically and environmentally 🌍 #DigitalMaturity #DigitalTransformation #SustainabilityGoals #Sustainability

The road to sustainability will not be without its challenges. The journey will be long and require industries to collaborate, compromise and invest in new technologies that enable cleaner practices. Ensuring your organization or facility reaches digital maturity is an essential part of this process. Leverage data and automation to create meaningful change - economically and environmentally 🌍 #DigitalMaturity #DigitalTransformation #SustainabilityGoals #Sustainability

Here are 4 things you need to know to become a more sustainable industrial organization this year: ✅ Emerging technology is indispensable ✅ People are still your greatest asset ✅ Staying ahead of regulatory changes is key ✅ Sustainability and productivity are connected For tangible ways to implement these insights into your organization, read our latest blog: https://lnkd.in/g2XVy6sZ #industrialoperations #sustainableindustrialorganization #sustainability #sustainablebusiness