Sustainability - The Emerging Math Problem for Organization

The expanding understanding and recognition of the need for sustainability is undeniable, and the question of where the onus lies, is still evolving. The global economy has embarked on an unstoppable decarbonization journey to achieve net-zero emission by 2050, a goal firmly on its way to being achieved by leveraging Technology, Innovation, and Policies as the necessary scaffolding. To achieve the collective goal of becoming carbon neutral, organizations are focusing on two distinct aspects – one, developing sustainable products, and two, designing products for sustainable markets.

Today, organizations are already making a foundational shift and adopting sustainability across their entire value chain – which has compelled them to create entirely new playbooks of solutions around sustainability engineering. Key levers being increasingly embraced to accelerate the adoption and implementation of sustainability engineering are customer buy-in and partnerships.

In addition to adjusting portfolios of work, partnerships with ecosystem players to reduce risks through flexible and modular designs, setting green targets, and lowering the cost of capital, will be key to ensuring that the drift towards a green agenda stays firmly on course.

Technologies such as Internet of Things (IOT), Cloud, Analytics, Artificial Intelligence (AI)/Machine Learning (ML), Intelligent Automation, and Augmented Reality (AR)/Virtual Reality (VR) are leading the charge in driving Digital Engineering-led sustainability engineering efforts across verticals. As companies continue to leverage Talent, Technology, and Ecosystem to yield true value from their sustainability engineering, their fundamental belief continues to remain that over time, a virtuous cycle will come into play by creating a more sustainable form of capitalism. The goal is to make systems more resilient to future shocks and more amenable to charting a transformative path for enterprises.