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Sustainable, Profitable: Tech Tools Help Businesses Minimize Environmental Impact | Technology News

Sustainability has become essential and increasingly necessary for businesses to compete in the marketplace. It is no longer just about compliance. It is a strategic advantage. Companies that integrate sustainability into their strategies often see improved operational efficiency, reduced costs, enhanced brand reputation and better risk management – ​​all of which contribute positively to profitability. Organizations in India that embrace sustainability are 90 percent more likely to outperform their competitors in terms of profitability, according to a study by the IBM Institute for Business Value.

From renewable energy to waste management, the use of technology is having a significant impact on the way we live.

First published: Jul 07, 2024 | 21:58 IST