Improving health, safety, and well-being
From improving working conditions to ensure greater safety to rules, products and processes for better health to plans and programs that foster well-being, enterprises are connecting the power of digital technologies to change the way people live, work, play and produce.
Recognizes that its field workers can encounter perilous conditions from radiation to pathogens to electrical issues. The company uses digital tools and a cloud-based content association platform to offer workers access to applicable and timely information. Building a “stop-work culture” that leads with the idea of thinking before you work. Workers armed with the right information and connected to the applicable experts are empowered to stop work if they suspect any risks or safety issues.
Mastercard’s global purpose is to use technology to variety payments safe, simple and smart, and this led the company to modernize for parents and children. One of the continual concerns parents faced was about sending children to school with cash to buy lunch or pay for activities like educational visits.
Established to allow digital ordering and payment, Mastercard’s smartphone app enables parents to make school payments on the go and ensure their children eat healthily. The technological invention has proven healthy for the company, too, with revenues up 20% last year.
Enabling empowerment and inclusivity
Positive societal outcomes are quickly emergent as a critical underpinning factor of corporate approaches. As companies define aggressive growth routes, they are recognizing that community partners, employees, and all stakeholders need to be included in these plans, and the outcomes need to empower these very stakeholders towards success.
ING is bringing its sustainability purpose to life to drive social transition through financial empowerment. From increasing financial information in Turkey through the use of a dedicated video channel to using technology to help hard of hearing customers, who previously needed a translator, with their banking needs. As in the case of ING, there’s no refuting that the purpose of technology is to offer greater connectivity, access and thus, inclusivity and authorization.
Driving sustainability and positive environmental impact
The most advanced firms recognize that their purpose should go beyond revenue and shareholder value, and include positive environmental outcomes. And the impact of technology in refining lives and enabling better outcomes for the situation is no longer a question.
To meet that assurance, it has deployed blockchain-driven Source Chart supply chain mapping software, which tracks the gadgets that go into making its bags, from yarn to zippers. This shows, at a look, where they initiate and how they are shipped between processors crosswise the world.
Global seller Costco declares its commitment to having a constructive impact on society. Delivering on that assurance means protecting the environment, and the company is rolling out global technology to support that goal.
The latest visions involve using IoT-enabled water-monitoring technology that has concentrated the company’s water consumption at its sites worldwide by 10%.
Defining, articulating and delivering on a clear enterprise purpose that goes yonder purely financial deliberations used to be a luxury spoiled in by small firms and startups. It is the trademark of successful companies of all sizes – and technology is important to delivering its ability.
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