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The majority (84%) of organizations will prioritize commercial objectives over sustainability in the face of economic challenges. This is despite the fact that almost all (95%) leaders agree sustainability is either a top or high priority and a similar number (97%) agree that other firms’ sustainability credentials are either essential or important in their own buying decisions. The annual Reality Check reports seeks to investigate how technology initiatives can benefit both sustainability and commercial objectives.
Prof. Dr. Thomas Beschorner is the Director of the Institute for Business Ethics at the University of St.Gallen. Defining sustainability, he says, is no easy task, let alone in combination with digitalization. Corporate Digital Responsibility (CDR) is about harmonizing these two fundamental aspects. In the following interview, he explains why it is long overdue to give CDR the attention it deserves.
It might take a village to raise a child, but it takes an ecosystem to protect the earth. At Software AG, we have such an ecosystem and are working hard to make a difference on earth. We have established a worldwide collaborative network with renowned universities and research institutes, enterprises, government institutions, and customers to explore new technologies – some of which can benefit the planet. Our research team is engaged in some ground-breaking projects funded by the European Commission and the German government. During this process, we are repeatedly confronted with the social challenges of our time.
Solar, wind and water power can supply enough energy to allow us to live comfortably on a sustainable basis.But how can we ensure they can supply us on a consistent basis? Sometimes the wind stops blowing, or the sun stops shining. Rivers ebb and flow depending upon the weather.It is important to find ways to deal with the natural fluctuations in these kinds of energy. One answer is SynErgie - a research project sponsored by the German Federal Ministry of Education and Research. SynErgie addresses demand flexibility in industry, one of the world’s largest energy consumers. Factories need huge quantities of electricity and heat to produce glass, paper or aluminum.
With the advent of renewable energy, industrial companies must be able to deliver energy-efficient production while contributing to energy grid stability. So, how does using a high percentage of renewable energy sources impact this goal? The PHI Factory project was designed to provide the answer. In December 2016, the German Federal Ministry for Economic Affairs and Energy launched the project. The central idea was to design a digitalized and energy-flexible factory of the future, and to demonstrate that a factory can actively self-regulate its energy usage/costs, while also providing system services for the public power grid.
Our contribution to sustainable IT solutions
ARIS for sustainability
Long before sustainability and ESG became front and center, ARIS was helping organizations achieve greater end-to-end visibility and the transparency needed to make better business decisions. ARIS can serve as a company’s single source of truth—so that anyone, anywhere, anytime can contribute to business transformation. Business Process Management makes sustainability goals become reality. It anchors ESG to the core of operations. It bases company goals on real data, makes them transparent and holds owners more accountable. This is how processes are making our world a better place.
Driving sustainability with Alfabet
Recognition of enterprise IT as a significant contributor to the world’s carbon footprint continues to grow. By rethinking IT in the light of a company's sustainability strategy and goals, it is possible to reduce these environmental costs—and drive greener operations across the organization. The first step is acknowledging one central challenge: the need to view sustainability as a holistic endeavor between IT and business. As an industry leader in enterprise architecture and strategic portfolio management, Alfabet provides the capabilities required to leverage IT as the backbone of a corporation's green transformation.
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