Digital Transformation Balanced with Sustainability Goals
Author(s):
Laxminarayana Korada*, Vijay Kartik Sikha and Satyaveda Somepalli
This research examines the relationship between digital transformation (DT) and sustainability, delving into the intricate dynamics and impacts of these concepts on technological advancements, environmental stewardship, and overall societal prosperity. It outlines the implications of DT on people, processes, and technology, along with global trends in DT adoption. The importance of integrating sustainability principles through digital transformation initiatives is highlighted, with a particular focus on the challenges faced by various industries. This study also discusses the measurement of sustainability, emphasizing the necessity of diverse environmental, social, and governance (ESG) metrics beyond CO2 emissions. Innovations such as Artificial Intelligence (AI) transformation are explored for their potential to enhance sustainability efforts. Success stories and positive trends in large organizations' sustainability journeys are shared, demonstrating the significant progress achieved thus far..