Sustainable Digital Economy
Today’s industries thrive on the digital economy and have the power to shape our future with it. A sustainable digital economy can be built and leveraged when we put the ESG pillars first. Digital economy sustainability is no longer just an idea but is a GITEX Impact goal.
What is the Digital Economy?
The digital, internet or web economy is the collective term for the economic activity that occurs online. This hyperconnectivity allows the interconnectedness of businesses, people, data, processes, machines, organisations, and devices via information and communication technologies (ICTs). The digital economy differs from the regular economy due to the following components:
- Infrastructure
- E-business
- E-commerce
What is a Sustainable Digital Economy?
While the traditional digital economy encouraged growth, commodity, circulation, and the exchange of digital information via online transactions, a sustainable digital economy prioritises sustainable development goals. A sustainable, green economy is achieved as actions employ the necessary digital technologies that focus on the economic, environmental, and social pillars of sustainability.