Twin Transition

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