As we head full speed ahead to 2023, policy makers and business leaders are battling a myriad of challenges. Some of them are the most pressing on the sustainability front. In fact, according to the 12th United Nations Global Compact and Accenture CEO Annual Report, 98% of CEOs agree that sustainability is core to their role, and 51% step up their commitments and actions. I believe that by doing so, I can play an important role in achieving his SDGs.
The same report found that as the world approaches the halfway point of the 2030 Agenda for Sustainable Development, CEOs are demanding a new roadmap for achieving the global SDGs. In a sample of executives he surveyed among leaders in 18 countries, he found that many CEOs have one thing in common: they are calling on governments to lower barriers and speed the transition to greener economies. had one left.
This week’s Connect event, Connect: Impact, brought together some of the most innovative start-ups in the fields of sustainability and social awareness to help deliver solutions on how to accelerate the world’s transition to sustainability. . Let’s take a look at three winners who are helping us evolve the future of business for the better.
Connecting environmental data to society
The winner of this week’s contest was Terrafirma. Terrafirma is a startup that aims to empower city planners, local governments and climate scientists with the digital tools they need to protect their cities and the environment.
Puerto Rico-based software company working to visualize and mitigate climate change. We use our myriad technical capabilities to help connect environmental data to the policy makers who need it, providing insights to leaders to understand the landscape so they can protect their communities.
The company uses various tools to extract this data for environmental protection. This includes aerial imagery, vector contours, DEM heightmaps, AI feature recognition, sun sequences, cumulative solar radiation, flow accumulation, fluid and wind simulations.
The number of natural disasters has increased from an average of 3 per year in the 1980s to 13 per year in the 2010s, making these types of events not only more frequent but also more costly. increase. This makes Terrafirma’s multi-pronged approach to mitigating the climate crisis the solution both governments and businesses need to protect both their assets and their people.
leveling the playing field for workers
In second place are companies trying to close the socio-economic gaps that keep so many people in poverty or below the poverty line in countries around the world.
RiseKit is a startup aimed at making workforce systems accessible to workers in resource-scarce communities. This paves the way for more people to achieve financial security.
Eradicating extreme poverty for all people everywhere by 2030 is the number one goal of the 2030 Agenda for Sustainable Development, so the company’s fit-for-purpose approach is essential.
RiseKit provides workforce system stakeholders such as government agencies, funders, employment service providers, and employers with a toolkit to help them coordinate efforts and provide predictable workers during the hiring process. Enables you to deliver impactful end-to-end experiences with
RiseKit’s mission is to create a world where individual walls, zip codes, and histories do not unduly define the careers one can create and the life one is destined to live.
Fostering better food systems
The third-place winner of Agrotoken, Connect: Impact, focuses on how to connect the agricultural industry and its important contributions to society with the digital world we live in today. Supplies, Services, and Other Assets.
The second SDG is to “end hunger, achieve food security, improve nutrition and promote sustainable agriculture”. By helping connect sustainable agriculture to the modern economy, this unique cryptocurrency will help empower smallholder farmers, alleviate rural poverty and ensure healthy lifestyles. .
The startup’s goal is to build a new ecosystem that enables easy, safe, and low-cost agricultural businesses. Their proprietary cryptocoin, Agrotokens, is value linked to the price of soybeans, corn and wheat, allowing commercial and financial transactions to be directly backed by grain.
With its transparent and decentralized blockchain technology, Agrotoken’s approach is collateralized with more grain in more countries and offers more features to support transactions and fundraising.
A greener future
Clocks tick natural resources and mother nature, showing that human populations do not wait long to clean up their deeds, and time is more important than ever.
This makes the implementation of sustainable and impactful solutions in the business environment even more important in 2023. This week’s winner of his Connect competition shows how innovation can help propel both businesses and society as a whole towards a greener future.
Disclosure: This article refers to clients of Espacio’s portfolio companies.