Sustainability in Tech: Key Lessons from Big Tech Companies
Global emissions from the ICT sector are projected to rise to 14% by 2040. While tech companies have made strides in sustainability, more robust efforts are needed. ESG initiatives offer significant benefits, including enhanced revenue growth, cost reductions and superior market performance, positioning tech leaders for sustainable success.
High interest rates have caused valuation mismatches in private equity, reducing transactions and making exits difficult. Funds must now focus on value-creation strategies to boost valuations. With the Fed’s recent rate cut, the market may improve, but staying proactive is key.
The global enterprise information and communication technologies (“ICT”) market is expected to continue to grow, driven by beyond-connectivity services.