Tech brands must address the environmental emergency

opinion
category - sustainability
sector - media & technology
type - opinion
Opinion
The challenge for tech firms over the next decade is to transition from profitability to solidarity, says Andres Colmenares, co-founder of IAM

'This really now is an emergency', stated Christiana Figueres, former UN climate chief and mastermind of the 2015 Paris Agreement, when she joined Jeff Bezos, CEO of Amazon, on stage to announce The Climate Pledge in September 2019. This pact requires companies to implement decarbonisation strategies to become carbon-neutral by 2040 – 10 years earlier than the most ambitious version of the Paris Agreement’s goals.

Despite this, the next day over 1,500 Amazon workers undertook a historical walk out in protest of their employer's environmental impact. They declared Amazon's commitment to be 'not enough' and demanded the online giant commit to zero carbon emissions by 2030, to stop selling its lucrative cloud computing Amazon Web Services (AWS) to oil and gas companies, and to stop funding politicians who deny the existence of climate change.

Tech brands have an epic challenge for this new decade: to change how they are changing the world
Last year, Amazon also became the world’s most valuable brand, with an estimated value of £245bn, ($315bn €292bn), up 52% compared to 2018, overtaking the leading positions of Google and Apple (source: BrandZ). According to Doreen Wang, global head of BrandZ, this growth: 'Demonstrates how brands are now less anchored to individual categories and regions. The boundaries are blurring as technology fluency allows brands, such as Amazon, Google and Alibaba, to offer a range of services across multiple consumer touch-points.'

This technology fluency refers to the dominance of the digital economy – the profitable activity that results from billions of everyday interactions between billions of people, devices and data points. All of this is mediated by interconnected networks of millions of data centres, which consume billions of kilowatt-hours of electricity, generating billions of tons of carbon emissions.

The unprecedented scale and complexity of an economy that relies on digital computing technologies is not only consuming a lot of energy but it's also not sustainable, as it's based on the endless value extraction of limited resources as minerals, labour and human attention. This is why tech brands have an epic challenge for this new decade: to change how they are changing the world and transition to digital economies based on sustainable value creation for billions of living beings. Not only value for billionaires, and not only value for humans.

Published by:

25 February 2020

Author: Andres Colmenares

Image: IAM Weekend 2020

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The Everything manifesto, IAM

For this reason, IAM recently published The Everything Manifesto – a thought experiment created to explore how organisations, designers and citizens can change the digital economy to address the environmental emergency.

A clear opportunity for tech brands has emerged. The urge to decarbonise the digital economy is not only about responsibility, sustainability and common sense but also about leading humanity in a historic transition from running on a singular dominant operating system of value extraction and unsustainable growth of profit for the few, to running on plural operating systems of renewable value creation and just enough profit focusing on the growth of total planetary wellbeing. 

In the context of the emergency, society will soon measure the relevance and value of tech brands based on their values, commitments and bold actions and less by their market valuations, PR stunts or good intentions. To encourage this thinking, here are three hypothetical questions that leaders, employees, investors and consumers of tech brands can use to navigate this new decade and redesign for good the digital economy:

1) What if tech brands transition from obsolescence to responsibility?

2) What if tech brands transition from user acquisition to citizen empowerment?

3) What if tech brands transition from profitability to solidarity?

These questions are just a sample of the creative challenges that tech companies and other businesses can choose to guide their agenda for the 2020s. A new generation of leaders in companies such as IKEA, Microsoft or even oil giants such as Repsol and BP are already experimenting with proposals and long-term commitments to these questions.

With collective critical hope, employees, investors and all citizens can demand a new meaning of value with their everyday life choices because, while 'This really now is an emergency' – we stand by this statement: we cannot let the fear of letting fear dictate the futures of the planet dictate the futures of the planet.

From March 19–21, 400 innovative thinkers will address this question at IAM Weekend 2020, a creative summit held annually in Barcelona. For more information, tickets, and to discover the speaker line-up click here.

'A new generation of leaders in companies such as IKEA, Microsoft or even oil giants such as BP are already experimenting with long-term commitments'
 

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