From Compliance to Competitive Edge: How Tech CEOs Changed Their Tune on Sustainability Initiatives
19 Pages Posted: 11 Dec 2024
Date Written: December 01, 2024
Abstract
Technology is transforming at a breakneck speed. Artificial Intelligence (AI) is everywhere, and every firm wants a bigger slice of the market. But there is another conversation unfolding in parallel, less glamorous yet just as urgent: sustainability. Data centers gulp down energy. New tech initiatives come with a cost to the planet. An analysis of earnings calls from U.S. and European technology giants over the last eight years reveals a shift in mindset. Sustainability is no longer a checkbox—it's a strategy, and it’s shaping the future of tech.
Suggested Citation: Suggested Citation
Hauerhof, Ilja and Sandberg, Daniel, From Compliance to Competitive Edge: How Tech CEOs Changed Their Tune on Sustainability Initiatives (December 01, 2024). S&P Global Market Intelligence Quantamental Report, December 2024, Available at SSRN: https://ssrn.com/abstract=5050775 or http://dx.doi.org/10.2139/ssrn.5050775
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