Sustainable Innovation

In our newly published ESG Report, we describe our commitment, strategy, and progress in applying our purpose, portfolio, and partnerships to engineer new levels of environmental and social benefit for our company, clients, and communities.

The coming decade within the energy industry will be characterized by unparalleled restructuring, digital disruption and bold ambitions combined with sustainable solutions. As the industry gathered at Energy:Connected in Norway to share perspectives and ideas, many speakers declared the race to net-zero a historic opportunity for the energy industry.

As the transition to a low carbon economy intensifies, in the Nordics and elsewhere, there is an increasingly strong focus on improving sustainability related information and transforming business activities in the financial sector. Some insights from the field.

Besides establishing our own net-zero agenda, Cognizant will extend the expertise in cloud, IoT and AI to help our clients meet their sustainability goals, reduce their carbon footprints and sharpen their competitiveness. Our clients in Europe are leading the way in some critical areas, but we need more green leadership to get further with sustainability.

In recent years, the new technology market has exploded, and at the same time, the world is facing a major transformation to reach the Paris Agreement and the 17 UN sustainable development goals. As a global consulting company, we think that the technology industry should be considered as an ecosystem, where we share innovation that contributes to protecting what is best for our planet. Within boundaries that still generate profitability; we need to take a step back, to look at things from what is best for society.

In my previous article, I covered the status of food waste and sustainable food production in the Nordics. Now I’m looking into areas with potential for improvements and the digital solutions that can enable the transition towards sustainability in the food industry.

Every year, about ten million tons of food is wasted in the Nordics. While we are good at utilizing that food waste, the region is still struggling with achieving some of the important Sustainability Development Goals (SDG). These are my thoughts on the importance of improving both the sustainability of food production and the resilience of food supply chains.

To raise awareness of climate challenges, share ideas and make new connections, SailGP, the global sailing league, has initiated the Champions for Change (C4C) forum. Cognizant is the official Digital Transformation Partner of the sports organization, supporting data visualization and helping to deliver a digital fan experience for the 257 million SailGP viewers.

Finland has, for the first time, been ranked number one in the annual international comparison of sustainable development ranking published by the UN and the Bertelsmann Foundation. The comparison assesses countries’ progress on implementing the 2030 Agenda for Sustainable Development and its Sustainable Development Goals. But what does this mean for Finland and business in Finland?

It is almost an understatement to call sustainability a mega trend. It is no longer something that enterprises do of pure goodwill – it benefits the business as well. Even if it sounds far-fetched, IT plays an important role on the agenda.

The latest IPCC report is on top of the agenda in Norway, as in many other countries. Unsurprisingly, accelerating the green shift is also the main topic of conversation before the national election on September 13th. What might be surprising though is the result of Cognizant’s latest research: that green business is also good business.

Cognizant’s Green Rush report states that the impact of sustainability investments goes beyond regulatory compliance – a majority of respondents believe initiatives are also linked to business gains. EU is ahead of the rest of the world, and I believe Swedish companies are well-positioned in this context. Here, I explain why.

Soon, every company will need to factor in carbon as part of its decision-making process, according to our new Green Rush report. The survey results reveal that technology is central in the transition. Cognizant is involved in several interesting Norwegian projects, aimed at safeguarding fish health and reducing waste, among other things.

Is there a link between digital transformation, innovation and a more sustainable business? To explore how prioritizing sustainability also paves the way for new business opportunities, we talked to Google and Wallenius Wilhelmsen, as well as to our own sustainability expert.

How can energy companies reduce their emissions in the upstream operations and what role does digital play in it? This was the theme of the joint session between Cognizant, Aker BP and Wintershall DEA during the industrial digitalization conference Ignite.