Best Of All Worlds: Building A Sustainable, Profitable Future With Enterprise Asset Lifecycle Management Solutions From IBM
IBM News, Friday, July 19th, 2024
Global warming has reached a tipping point. According to the United Nations, the world is on course to breach the 1.5 degree C warming threshold by 2035 (link resides outside ibm.com) and climb at least another 1 degree C higher by 2100.
To avert the worst impacts of climate change and adapt to the new environmental imperatives, it's crucial for enterprises to act now to implement effective sustainability strategies. Roughly 50% of CEOs and their executive teams now tie compensation to sustainability goals. However, a survey of 5,000 C-suite executives across 22 industries and 22 countries by the IBM Institute for Business Value (IBV) has revealed that 6 out of 10 executives feel they have to make tradeoffs between commercial and sustainability outcomes.