Digitization and automation are empowering agriculture and manufacturing towards sustainability and greater operational efficiency, according to technology giant Siemens.
Joseph Kong, head of digital industries at Siemens Thailand, said the shift to sustainability is taking place now, and companies, as well as countries, need to urgently follow this trend as regulations are changing to facilitate net-zero commitments. Thailand set a goal to become carbon-neutral by 2050. The focus on sustainability is also in response to the growing demand for clean energy and water from an increasing global population amid limited supply.
The focus on sustainability is also in response to the growing demand for clean energy and water from an increasing global population amid limited supply. There is a major shift towards sustainable packaging and consumer trends from millennials, Gen Z, and Gen Alpha (teenagers and children), who place a high value on non-wasteful and healthy food, said Mr. Kong.
He cited a study by global consultancy Accenture that found companies that pursue value-driven sustainability and digital technology are 2.5 times more likely to be among tomorrow's strongest businesses.
Read the entire article at the Bangkok Post