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Technology

Tech companies must address impact on natural resources, failure threatens firms long term resilience: WEF

New Delhi [India], January 14 (ANI): Global technology companies must urgently address their impact on natural systems and their dependence on natural resources, otherwise this will threaten the long-term resilience of the tech companies, highlighted a report by the World Economic Forum (WEF). The report noted that technology now permeates every aspect of daily life. More than 1 trillion semiconductors are sold every year and are used across smartphones, cars and modern equipment.

Tech companies must address impact on natural resources, failure threatens firms long term resilience: WEF

Credit: Livemint

Key Highlights

  • Over 11,000 data centres are currently operational worldwide.
  • The sector is expected to continue growing strongly, driven by artificial intelligence, cloud computing, high-performance electronics and innovations such as quantum computing.
  • However, the report cautioned that this growth comes with a substantial nature footprint.
  • Semiconductor manufacturing alone consumes over 1 trillion litres of freshwater annually, along with large quantities of metals and critical minerals.
  • Data centres draw more than 60 gigawatts of energy, equivalent to California's peak power needs.
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Sources

  1. Tech companies must address impact on natural resources, failure threatens firms long term resilience: WEF

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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