* social impact on the social environment, such as job and development opportunities, discrimination, fair work conditions, education, and so on
* economic including investments in mid- and long-term improvements, the ability to withstand unexpected changes and crises, long-term financial reliability, and so on.
2.1 Interconnectedness
In the modern, interconnected world, it is impossible to be sustainable in isolation. Sustainability is about contributing to the sustainable development of the systems we live and operate in, including social groups, economic relationships, and natural environments. To achieve sustainability, everyone must act responsibly towards others in these systems.
Corporate social responsibility is one common expression of this concept, but responsibility should be taken at all levels (individual, corporate, national, and international) and in all aspects of sustainability (economic, social, environmental, and governance).
2.2 Digitalization
Digital transformation affects individuals, organizations, societies, and countries. Technologies such as cloud computing, machine learning, big data, and blockchain reshape the way organizations operate, offering new business models. This means that it is impossible to navigate sustainability and digital transformations separately.
Digitalization can enable sustainability, if the technology is used responsibly. To ensure the effective integration of the two transformations, organizations need to:
* understand the key concepts of sustainability and digital technology
* continually explore the recent trends and solutions in both domains
* continually monitor current and anticipated standards and regulations
* adopt and promote sustainability values
* adopt and apply relevant guiding principles to address sustainability and digital transformations