5 things companies should know before going digital
Summary
The document argues that digital transformation is a key driver for decarbonization across sectors such as energy, agriculture, and manufacturing, estimating the value of industrial digital transformation at over $100 trillion by 2025. It outlines five principles for companies pursuing low-carbon journeys: harnessing end-to-end value chains, seeking diverse partners beyond traditional ecosystems, defining clear roles for scalability, utilizing digitally-connected collaboration platforms to reduce transaction costs, and adopting circular economy business models to unlock hidden value.
Key insights
- Digital technology enables carbon reduction and competitive advantages across several sectors: mobility and logistics via real-time traffic management; manufacturing through circular supply chains and customer-centric production; agriculture by improving water and energy efficiency; and the electricity sector by integrating solar and wind renewables into the grid.
- The digital transformation of industries is projected to have a financial value exceeding $100 trillion by the year 2025.
- To achieve low-carbon goals, companies should adopt five strategic principles: identifying common opportunities across the end-to-end value chain, partnering with non-traditional organizations, ensuring commitment and clear role definition for scalability, using digital platforms to lower the cost of sharing data and finding partners, and utilizing circular economy approaches to find new value.
- Digitally-connected collaboration platforms facilitate the low-carbon transition by serving as hubs for legislative information and value chain maps, while reducing the transaction costs associated with scoping and implementing partnerships.
Cite the original document
- APA
- Berthon, B. (2016). 5 things companies should know before going digital. World Economic Forum. https://www.weforum.org/stories/climate-action/5-things-companies-should-know-before-going-digital/
- Chicago
- Berthon, Bruno. 5 things companies should know before going digital. World Economic Forum, 2016. https://www.weforum.org/stories/climate-action/5-things-companies-should-know-before-going-digital/.
- Wikipedia
- {{cite report |last1=Berthon |first1=Bruno |title=5 things companies should know before going digital |publisher=World Economic Forum |date=15 March 2016 |url=https://www.weforum.org/stories/climate-action/5-things-companies-should-know-before-going-digital/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{berthon2016things, author = {Berthon, Bruno}, title = {{5 things companies should know before going digital}}, institution = {World Economic Forum}, year = {2016}, month = mar, url = {https://www.weforum.org/stories/climate-action/5-things-companies-should-know-before-going-digital/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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