Twin Transition

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    In News

    • Recently, the World Economic Forum (WEF) stated that the ‘twin transition’ approach can help leaders bring the digital and sustainability agendas together to future-proof their organizations.

    Twin Transition Approach 

    • About:
      • It recognizes that there is a huge and largely untapped opportunity for technology and data to drive sustainability goals
      • The strategy combines digital and sustainability to unlock huge benefits in terms of efficiency and productivity. 
      • Optimizes digital assets and infrastructures to reduce environmental impact
    • Benefits:
      • Can make a positive impact by ‘greening’ technology, data assets and infrastructures while accelerating sustainability across the organization.
      • Organizations can harness the power of digital to make a positive impact on the environment.

     

    Image Courtesy: WEF

    World Economic Forum

    • Established in 1971 as a not-for-profit foundation
    • It is the International Organization for Public-Private Cooperation.
    • The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
    • Headquartered in Geneva, Switzerland.

    Source: WEF