The Sustainability Revolution
Where sustainability and profitability both thrive
Saving the planet is the biggest business opportunity of the 21st century – it will drive the greatest creation of value since the Industrial Revolution.
It’s time for a new revolution — a new business model that creates value by solving some of the greatest challenges facing humanity.
The Industrial Revolution ushered in the greatest period of value creation in human history. Ingenuity, innovation and a seemingly inexhaustible supply of workers and cheap energy fueled population growth, economic prosperity, and well-being for much of the world. But the value created by the Industrial Revolutions came at the expense of the planet. We’ve depleted its resources and polluted its atmosphere, oceans, freshwater and lands with waste. Today we’re using the equivalent of almost two Earths to provide the resources we use and absorb our waste.
Number of planet Earths we need
The bottom line: We are on an unsustainable path.
The Fourth Industrial Revolution is fueled by digitalisation and connectivity, both of which are essential to empower the sustainability revolution. R-evolution, powered by Hexagon, is taking an active part in the sustainability revolution — leading a charge straight through the impasse of inertia, challenging assumptions and laying the framework for a new business model that profitably solves the world’s greatest environmental problems.
Revolutions are the great turning points of history, transformative events that seek to change a nation, a region or society — and in some cases — the world. They are never incremental, sporadic or inconsistent. They are the epitome of commitment, belief and action. Revolutions are fast-moving — in a very short time they can bring about significant change and upheaval.
Revving up the Sustainability Economy
The sustainability revolution will create a completely new economy.
The Global Commission on the Economy and Climate wrote:
The growth story of the 21st century can unlock unprecedented opportunities of a strong, sustainable, inclusive economy. The benefits of climate action are greater than ever before, while the costs of inaction continue to mount. It is time for a decisive shift.
Current economic models are deeply inadequate in capturing the opportunities of such a transformational shift, or the grave dangers of climate inaction. We need a new class of economic models that can capture the powerful dynamics at play, including transformative technological advances, preservation of essential natural capital, and the full health benefits of cleaner air and a safer climate, including the containment of pandemic diseases.
R-evolution will solve depletion and waste challenges in a way that also creates economic value. To do this requires a different approach, an equation that:
- Addresses Reality: Converts global challenges into market demand
- Adds Expertise: Leverages technology to unleash data’s full potential
- Creates Value: Adheres to the principles of profitable operations
The REVO Equation:
Cost of not acting on climate change (USD)
The costs of the status quo keep rising; the costs of sustainable alternatives keep declining.
According to the most authoritative research to date, the world economy could save 26 trillion (USD) through a global shift to a sustainable economy. Conventional wisdom says that cleaning up our planet is expensive — that it costs more than the status quo.
The costs of doing nothing are already piling up. And by unleashing Hexagon’s technologies that drive productivity and quality while reducing waste, we will disrupt the status quo with sustainable, scalable solutions.
Time is running out. By 2050, on our current course, extreme damages from future climate change will be locked in. If we aren’t on a sustainable trajectory by 2030, limiting global warming to 2 degrees Celsius — the common international target — will be rendered impossible.