ENTERPRISE TECHNOLOGY capital and acceleration on regulation and disclosure requirements .
Although investments remain a concern , there is emerging evidence that good performance on sustainability challenges is correlated with financial rewards . The ESG S & P 500 index grew 17 % faster than its non- ESG counterpart over 2020 – 2022 ; moreover , ESG-compliant businesses delivered 20 % higher returns than non-ESG compliant ones , reflecting faster market gap growth and returns for sustainable businesses .
Profile of Salvador Anglada
Salvador Anglada has 25 + years of experience in the telecom and IT industry . He was appointed in November 2021 as CEO of e & enterprise with the mandate to lead the enterprise-focused arm of e &, formerly Etisalat Group , along its transformation strategy to pivot from a telecom company to a technology group .
Since the launch of e & enterprise , he has created an accelerated growth strategy towards market recognition and geographical expansion through targeted M & A and strategic partnerships , driving the vision to become a leading regional player in digital transformation .
In 2019 , he orchestrated the acquisition of Help AG to become the company ’ s cybersecurity arm . In 2022 , the acquisition of Smartworld was completed to reinforce the company ’ s IoT and AI capabilities . During the same year , he formed strategic partnerships such as the JV for Khazna with G42 to become the region ’ s largest datacentre provider . And more recently the JV with Bespin Global to lead in regional cloud-managed services .
Prior to his current role as CEO of e & enterprise , he served as Group Chief Business Officer at e &, formerly Etisalat Group , for eight years . He spent 12 years in Telefonica , where he was the Managing Director of Telefonica Empresas , the enterprise division of Telefonica Spain . He also served for over five years as CEO of Telefonica O2 , the Telefonica subsidiary in the Czech Republic .
Salvador was involved in the development of the telecom industry in Europe . In 2002 , he participated in the launch of Telefonica Empresas in Spain . In 2007 , he led the merger between Eurotel and Czech Telecom , resulting in the first fixed and mobile integrated company in Western Europe . And in 2009 , he launched Telefonica O2 Slovakia as the third mobile operator in the country , after which Telefonica O2 Slovakia achieved the number two position in the country , only five years after the launch .
Aside from serving as Executive Board Director of Telefonica Europe , Salvador also held board membership positions with several companies including Khazna , ACENS Technologies , Conexxo , Backcell and Bespin Global . Salvador Anglada holds an Industrial Engineering Master ’ s degree from UPM , an Executive MBA from IE , and a PDG from IESE .
There is also evidence that a better ESG score translates to around 10 % lower cost of capital primarily driven by lower risks . Solar and wind energies have reported a 37 % lower WACC over the last ten years , while green bonds , on average , have a 32 %
lower yield compared with non-green bonds in Europe .
As customers become more aware of sustainability-related issues , there is an opportunity for sustainable brands to gain an advantage over their competitors , promoting positive change for people and the planet , outpacing other brands by growing 1.25x faster .
Technology as an enabler
Digital technologies hold immense potential in helping businesses achieve their sustainability targets . The World Economic Forum reported that digital technologies could enable a 15 % reduction in global carbon emissions by 2030 , equivalent to 8.5 gigatons of CO 2
. Incorporating emerging technologies such as Industry 4.0 , AI , Digital Twins , and blockchain into business operations is not just a matter of staying competitive . It is increasingly becoming a necessity for achieving sustainability and incorporating it into every facet of business operations and enabling business models that are sustainable at their core .
A survey by McKinsey found that 75 % of companies consider digital transformation
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