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Known for its boundless ingenuity and rapid innovation, the technology sector has been a pioneer in embracing sustainable development. Sustainable technology was one of Gartner’s top 10 strategic technology trends for 2023.
As technological advances become integrated into all aspects of people’s lives, especially with billions using mobile technologies to access life-enhancing services, technology companies must deeply incorporate environmental, social and governance (ESG) principles into all aspects of their operations. Business to help individuals, society and the world.
ESG initiatives are gaining steam as tech companies improve how they measure progress toward achieving their social goals and communicating their positive values. The key to embracing ESG is to incorporate and integrate these principles into every aspect of the business, rather than managing them as isolated side projects through four critical strategies:
- Ensure all operations and compliance promote health and sustainability.
- Protect the environment using a low-carbon business model.
- Improve the lives of millions through human-centered innovation.
- Engage with innovative companies across the ecosystem to promote common goals.
Putting values into practice
Tech companies’ commitment to ESG must be reflected in all of their offerings to inspire their workforce, partners and customers to think, create and believe in sustainable development and innovation. Providing professional, reliable and useful products and services with ESG values can make a meaningful difference in people’s lives. And building social responsibility is critical to supporting the entire ecosystem.
Here are three ways technology leaders should put their ESG values into practice.
- Build ESG into your business and supply chain.
As the global climate crisis and other sustainability challenges come to the forefront of public debate, technology firms must incorporate environmental initiatives into all aspects of manufacturing and distribution. They should invest as much in carbon neutrality as they do in innovation.
Technology companies can significantly contribute to sustainability by reducing their carbon footprint at each stage of a product’s life cycle. Achieving the milestone of carbon neutrality will take commitment and patience – but small changes add up.
The long-term roadmap for low-carbon development is helping OPPO work with carbon neutrals: manufacturing carbon loss, reducing the carbon footprint of products, low-carbon investment, digital carbon management, and collaborating on climate change standards.
In the year In order to fulfill the OPO’s commitment to become carbon-neutral by 2050, It began measuring greenhouse gas (GHG) emissions as part of its 2022 carbon reduction strategy. By the end of the year, energy efficiency and emission reduction measures were reducing 6,000 tons of GHGs annually. OPPO’s first purpose-built data center, the Binhaiwan Bay Low-Carbon Green Data Center, runs on 100% clean energy.
Achieving sustainability goals means applying innovative thinking to the entire life cycle of products. Starting this year, OPPO is removing almost all plastic materials from the outer packaging of mobile phones, including the company’s latest innovation, the foldable N2 flip phone, to ensure that all packaging materials are made from 100% biodegradable materials.
- Innovation for individuals and communities, not just products.
Technology companies must excel in developing innovative products that create sustainable value for society and solve pressing problems. This principle is embodied in OPPO’s corporate mission of “Technology for Humanity, Kindness for the World.” The company expresses this ongoing and growing commitment to sustainability through thought leadership, products and continuous innovation.
In the year In 2022, OPPO published the Zero-Power Communication White Paper, outlining its technology position and exploring its development potential. In the year At Mobile World Congress 2023, OPPO introduced the Zero-Power label: a compact, affordable, passive Internet of Experience (IoE) technology that uses radio frequency power instead of batteries to communicate over a wide range. Daily power consumption of IoE devices and sensors.
Traditional batteries are a difficult durability test. They are expensive to make, they die quickly, and once they do, they become hazardous waste.
OPPO’s innovative system-level Battery Health Engine (BHE) can maintain the health and extend the life of smartphone batteries. By instantly adjusting the charge rate of lithium batteries and continuously repairing the electrodes, BHE has doubled the industry average for smartphone-battery life, up to 80% battery capacity over 1,600 charge cycles, or four years of typical use—which makes it so. The world’s most durable smartphone battery.
- Encourage new technology companies to grow.
The world is full of new and innovative inventions designed to use technology to improve lives. Large regional and global tech brands with the potential to make a big difference have a responsibility to support these emerging organizations on their ESG journey for greater impact and bridge the world’s great technology divide.
To lead the technology sector in a socially responsible manner, OPPO will not only incorporate ESG initiatives into its own manufacturing and innovations, but will also support innovative startups through the OPPO Research Institute Innovation Accelerator Program, launched in 2022.
Through this new accelerator, OPPO will help emerging technology companies take social responsibility when creating new products, by providing up to 10 entrepreneurs with $46,000 in funding to grow their ideas and support for research and development, partnerships, funding, advertising and promotion.
Let the values lead
A changing world means that technology companies need to be great leaders and great thinkers more than ever. Mobile-only companies will eventually be overtaken by competitors who cater to their customers’ needs, seek new opportunities in IoE scenarios, and bring ESG-focused innovations to market.
Just as the technology sector drives global innovation, it must also lead in social and environmental responsibility. Technology companies have the leadership position, the tools, and the responsibility to build a better future. A mission-driven approach must inform every organization at every level: product design, manufacturing, operations, work environments, and end users. All tech businesses are global citizens, and we all need to embed ESG principles in everything we do.
Learn more about OPPO Innovation and technology focused on sustainability.
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