Tech companies make up 30% of the top 10 Fortune 500 companies in 2022. With this economic influence comes the responsibility to maintain sustainable operations. Apart from any altruistic implications, sustainability is a smart investment at the end of the day. It’s a key component of trust, and trusted companies are more likely to outperform the market. Moreover, it ensures operational resiliency and continuity over the long run while reducing impact on natural resources to fuel growth.
The 21st century is largely defined by tech innovation and the rise of a digital society. This places the onus on tech companies to lead the way in shaping a sustainable digital economy. They’ve largely answered the call, with pledges to reach net carbon zero by 2030. or example, four of the Big Five tech companies (Google, Apple, Microsoft, and Facebook) have committed to net zero targets by 2030. Some of them are taking this one step further by including scope 3 emissions in their calculations. This is critical since scope 3 emissions make up most corporate carbon footprints. For example, nearly 100% of Apple’s total net emissions in 2021 were scope 3, and Facebook’s net zero commitment is focused on decarbonizing its entire supply chain by 2030.
Download the whitepaper to learn more about how your company can:
- Measure and manage emissions across all scopes
- Join organizations that work toward common emission goals
- Track the environmental impact of operations throughout the value chain