Dematerialization through Green Tech

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An integral part of a sustainable economy is the reuse and shared use of resources. Digital solutions again play the role of enabler here, as efficient resource allocation is almost impossible without digital control. It is also a prerequisite for making the processing of corresponding transactions convenient and therefore attractive. The frictionless use of sustainable alternatives must be possible in order to support decision-makers and consumers in changing their behavior. We know prominent examples of such business models from eBay classifieds, Too Good To Go and sharing mobility offers.

Replacing physical processes with digital solutions can often save time and money as well as emissions. Whether by replacing letters with emails, providing digital receipts and employment contracts, digital identities or setting up digital workplaces without media disruption - much of what is still manufactured, transported and disposed of today can also be south africa consumer email list solved digitally. Digital solutions also play a crucial role in analyzing and simulating real-world phenomena - such as waste streams in waste management - using digital twins to gain a holistic understanding of our environment and the impact we have on it.

Green Tech for more transparency
So far, we haven't even talked about regulation. This is currently the main driver of sustainability. Since the beginning of August 2022, private individuals are not allowed to receive advice from banks without being asked about their sustainability preferences. Larger listed companies have been required to publish sustainability reports since 2017, and the regulations will be tightened again for the 2024 reporting year and extended to many non-capital market-oriented companies.

Green tech solutions are indispensable for this reporting requirement. We use them to collect, process and evaluate data. Digital solutions can also make information and impacts transparent and accessible. At the corporate level, this involves information systems for sustainability reporting or life cycle assessment. Private individuals can calculate their own carbon footprint using solutions such as the Plant Hero app and view the ingredients and impacts of products transparently via CodeCheck .