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Sustainability - Opportunity for Tech Services and Solutions

October 13, 2022 3355 3 Emerging Tech nasscom insights

Sustainability - Opportunity for Tech Services and Solutions

The push for sustainability is presenting a significant opportunity for service providers with leaders and innovators focusing on building their sustainability service lines with a suite of offerings. This report explores the sustainability-linked opportunity for technology services providers. It talks about various provider archetypes based on their positioning around sustainability, an approach to build sustainability service lines and capabilities, in-demand use cases, and winning strategies to capture the opportunity at stake.

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Key Highlights

  • Net-zero enters the boardroom
    • Sustainability and climate action amongst top 10 priorities for CEOs with ~75%+ viewing it as the next big differentiator
    • Technology central to decarbonization

 

  • Decade of decarbonization has arrived
    • Carbon-neutral/net-zero goals accelerating, 40%+ Fortune 500 companies planning 2040 timelines, 2-part transformation agenda visible: A) Decarbonizing existing operations B) Launching green business models

 

  • Sustainability could catalyze $150-250Bn of additional technology and operations spend by 2030
    • The report summarizes 15 demand themes with 50+ use cases

 

  • Execution paralysis” in enterprises
    • Capability gaps slowing enterprises down in moving from “big pledge era” to action; white space for providers to take on the role of thought partners

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