The issue has two key aspects, one regarding energy consumption due to technology and the other regarding investments.
Approximately 20% of energy consumption today comes from data centers and terminals, meaning all our devices. Twenty percent!
This is quite a conundrum, right? We need to increase our energy production to keep growth and technological progress going, while slashing on fossil fuels and CO2 in general.
At the same time, where is the money going? The financial services industry has a paramount role in these choices, meaning that ESG investments must become the norm – not only that, they must achieve greater transparency and horizontal regulation, because trust is what drives our sector and the current level is certainly not sufficient.
So, let’s get those green kicks on!