Financial services lead the way in the race to digital sustainability

It has been revealed that financial services companies lead the way when it comes to digital sustainability outpacing those in the technology industry.

The study is a measure of a business’s ability to adapt effectively and continuously to keep up with the rise of digital. The research shows a correlation between digital sustainability and profitability, with high performers in the Index enjoying a 5.6 percentage point increase in profit margin (EBITDA) compared to low performers. For a mid-cap company with revenue of $7 billion, this could potentially represent a difference of $392 million.