Makes economic sense
Because others have believed in sustainability, technologies now exist that make economic sense too. We believe in backing these technologies, which helps create and retain jobs across all sectors. The International Energy Agency estimates that the energy saving equipment market was $300bn in annual expenditures in 2014 and that it’s growing.
Encourages innovation and efficiency
The quest for sustainability is forcing companies to fundamentally transform the way they think about products, processes, business models and technologies, and ultimately helps improve competitiveness.
Provides a platform for people, societies & businesses to work together
Sustainability is so important that business rivals are now working together to promote. Some great examples include Toyota and Tesla sharing secrets to stimulate electric car market, Nike, Adidas, Puma and others teaming up to eliminate toxic supply chains by 2020, and IKEA, Tetra Pak and Kingfisher partnering to promote the benefits of responsibly sourced, sustainable timber.
As environmental consciousness continues to grow, so too does the need for products and services across the entire sustainable value chain. A whole new industry is emerging and although already a substantial size, the current market is only in its infancy.
The World Commission on Economic Development is promoting a sustainable framework in which economic development, social equity, and environmental protection are seen as inseparably related goals.
Makes smarter use of our planet’s resources
With a global population of 7 billion (up from 1.7 billion in 1900) and predicted by the UN to reach 10 billion by 2100, resources are becoming increasingly scarce. We currently consume 16 metric tons of natural resource (minerals, ores, fossil fuels and plant materials) per person per year.
Figuring out how to do more with less has become a global necessity.
Organisations that embrace sustainability, energy and resource efficiency are more attractive to customers and likely to be more competitive.
Lays a firm foundation for the next generation
Sustainability is the key to ensuring that the planet we hand over to the next generation is at least as good as the one we inherited.
The UN has identified three interdependent pillars of sustainability and we are excited to be playing our part:
This concerns giving people what they want without compromising quality of life and reducing the financial burden of doing the right thing.
At Vivid Edge we help ensure that sustainable projects make commercial sense.
This pillar is about awareness and legislation to protect the health and wellness of people from pollution and other harmful activities of industry and commerce.
At Vivid Edge we identify and enable projects that might not otherwise make sense for an organisation, environmentally benefitting populations as a whole
This pillar centres on how we should protect the earth’s ecosystems, the air quality, integrity and sustainability of our natural resources and addresses elements that place stress on the environment. It also considers how technology will drive our greener future.
At Vivid Edge we back existing and emerging technologies to help accelerate this journey.
To find out more contact us