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ESG + Digital Integrated Transformation for Balancing Sustainability and Profitability
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Recording of the ESG + Digital Integrated Transformation for Balancing Sustainability and Profitability Webinar
As managing ESG (environmental, social, governance) and sustainability issues have become mainstream business practice, there is no doubt in the minds of corporate leaders that ESG/sustainability issues should be a top priority agenda in boardrooms. However, it is still challenging to integrate ESG/sustainability considerations fully into business practices due to the difference between short-term financial goals and longer-term ESG/sustainability performance. Thus, top executives usually give weight to the shorter-term financial metrics when trade-offs between financial and ESG/sustainability performance come into focus. How can companies achieve short-term profits and ESG/sustainability goals at the same time?
The integration of ESG/sustainability and Digital Transformation or ESG/sustainability integrated transformation (ESGDX) enables organizations to optimize the use of digital technology to secure competitiveness, growth, and positive ESG/sustainability impact. ESGDX promotes growth by balancing financial and ESG/sustainability goals simultaneously through a strategic development of the business model for profitable and sustainable business practice. Integrating ESG/sustainability into a “digitally transformed” business model or SDBM (Sustainable Digital Business Model) serves as a growth engine by improving a company’s operations/products/services and by creating new market opportunities/revenue streams.
Agenda:
1. ESG/Sustainability Imperative v. Conundrum
2. Stakeholder Capitalism v. Purpose
3. Sustainable Economic Growth
4. Value Innovation for Sustainable Economic Growth
5. Business Model Innovation for Profitable and Sustainable Business
6. ESG + Digital Integrated Transformation Frameworks for Balancing Sustainability and Profitability
7. Profitable carbon net-zero transition implementation
As managing ESG (environmental, social, governance) and sustainability issues have become mainstream business practice, there is no doubt in the minds of corporate leaders that ESG/sustainability issues should be a top priority agenda in boardrooms. However, it is still challenging to integrate ESG/sustainability considerations fully into business practices due to the difference between short-term financial goals and longer-term ESG/sustainability performance. Thus, top executives usually give weight to the shorter-term financial metrics when trade-offs between financial and ESG/sustainability performance come into focus. How can companies achieve short-term profits and ESG/sustainability goals at the same time?
The integration of ESG/sustainability and Digital Transformation or ESG/sustainability integrated transformation (ESGDX) enables organizations to optimize the use of digital technology to secure competitiveness, growth, and positive ESG/sustainability impact. ESGDX promotes growth by balancing financial and ESG/sustainability goals simultaneously through a strategic development of the business model for profitable and sustainable business practice. Integrating ESG/sustainability into a “digitally transformed” business model or SDBM (Sustainable Digital Business Model) serves as a growth engine by improving a company’s operations/products/services and by creating new market opportunities/revenue streams.
Agenda:
1. ESG/Sustainability Imperative v. Conundrum
2. Stakeholder Capitalism v. Purpose
3. Sustainable Economic Growth
4. Value Innovation for Sustainable Economic Growth
5. Business Model Innovation for Profitable and Sustainable Business
6. ESG + Digital Integrated Transformation Frameworks for Balancing Sustainability and Profitability
7. Profitable carbon net-zero transition implementation