Sustainability for cloud computing and money
Modern banking makes the world round. Thanks to modern technology, millions of purchases are made easier every day. Yet modern financial services can come with a secret fee: carbon emissions. Sustainability is becoming the most important issue for financial consumers today. 60% of consumers are more likely to buy sustainable services, and most banks view environmental concerns as an emerging risk in the near future. Most business executives want to make changes to their company, but many aren’t sure how to make a difference in sustainability initiatives.
Day Cloud computing Be part of the solution. Clouds can help reduce greenhouse gases in a variety of ways. Cloud centers are more efficient with energy than their on-premise counterparts. High-carbon physical machines can be replaced with their virtual equivalents in the cloud, using less power to do the same thing. Cloud can also offer a degree of flexibility that allows the same electronic devices to be used for more purposes, reducing the cost of resources. The cloud can enable a circular economy that keeps e-waste out of landfills through diversion or renovation.
To combine the benefits of cloud computing, set up your cloud data center on a clean power grid. Strategically selecting locations can further reduce emissions. Take Google as an example: In 2020, Google achieved 67% round-the-clock carbon-free power in all of its data centers. As a company, Google Cloud is working towards 24/7 carbon-free energy by 2030.