Covid-19: An unexpected catalyst for a lower carbon world

DIGITALISATION is a trend that we believe is aligned to a sustainable economy, and while the move towards a digital economy has been an important theme for the last few years, the Covid-19 pandemic has significantly accelerated the transition.

Economic activity has started to rebound in several markets as lockdown restrictions are gradually lifted. However, the mixed success of the easing across the globe serves as a reminder that it will not be an easy process. Sectors such as retail stores, restaurants and in-person entertainment will continue to struggle until more normal activity levels resume.

Conversely, the digitalisation trend has accelerated. And while the "digitalisation of everything" is not new, the crisis has certainly highlighted the developments that have already been made. It is a structural shift that has been happening for a long time, now spurred on by the crisis, and we believe that it is key to reaching a sustainable economy.