There has been a changing attitude concerning sustainability and responsible environmental practices in recent years, with businesses and organizations changing pace when it comes to their support and contribution towards an evolving solution surrounding climate change.
Traditionally, businesses and organizations, both small and large, were struggling to adapt alternative directions that would see them develop more meaningful or environmentally responsible strategies. The mirage of progressive startups and entrepreneurs focused on these issues is setting a new tone, using advanced technology and software to restructure primitive business models and establish solution-based practices.
The urgency by global organizations and national governments are pushing companies to mitigate the common “extract, use, and dispose” model. Instead, thefound that three key market areas, including food, land and ocean use, infrastructure and the built environment, and energy and extractives could deliver more than 395 million jobs over the next decade, with an estimated $10 trillion in business value.
Seeing as businesses aren’t able to resolve climate and environmental issues solely by themselves, insights by Investors are not only focusing on how companies are developing new tools and software that can help offset climate change, but also on how it could help grow financial well-being in the near future.
Companies are looking to develop solutions to growing climate concerns, and supply chain constraints. Using adaptive technology and augmented software, they can establish innovative models and structures that can build more meaningful long-term solutions. These capabilities range from food security, water safety, sustainable and renewable energy sources, electric vehicles, alternative packaging and shipping, and clean solutions.
Another firm that makes use of blockchain technology and AI is Circulor, a startup that helps automobile manufacturers track raw materials through the use of blockchain. The startup provides traceability-as-a-service that enables manufacturers to responsibly source materials and improve their supply chains.
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