SDGs for Organizational Sustainability: Integrating Digital Technologies for a Digital Circular Economy
摘要
In the present scenario, majority of the organizations wants to attain sustainable development goals in their various business practices. The main focus of the current chapter is to explore the digital technologies can be integrated with the various practices of the organization for the attainment of SDGs and sustainability advancement. This is initiated with an overview of the SDGs, highlighting their importance in addressing challenges at global level which includes change in climate, depletion of resources, and social inequality. The chapter defines the concept of the digital circular economy, highlighting how it encourages transition of business towards circular model of consumption and production form linear model. Key technologies in the digital space which includes blockchain, AI, and IoT are examined to test the capability for enhancing the resource efficiency, supply chain optimization, and facilitate sustainable practices. The discussion also addresses the challenges organizations face in adopting these technologies, such as organizational inertia, technological limitations, and regulatory hurdles. However, it emphasizes the opportunities presented by these advancements, including the potential for innovation, the creation of sustainable value, and developing the business models which are novel in nature. This chapter further outlines the future implications of digital technologies in fostering a circular economy, emphasizing the need for collaboration among governments, industries, and organizations to establish supportive regulatory frameworks. Ultimately, the current work as a call to action for both organizations and individual involved in policy making to embrace digital technologies as critical tools for fostering sustainability. By leveraging these technologies and collaborating across sectors, organizations can not only contribute to the SDGs but also drive significant positive influences on the setting and society.