grow

Spain

Tech4Good

Technologies emerge as opportunities to address social and environmental challenges and foster positive change in the societies they operate in. Aware of the challenges they also face, tech companies continue exploring their areas of operation and strive to combine positive impact with economic sustainability.

Podcast
By Esmeralda R. Vaquero
09 Apr 2024

Tech4Good refers to the application of technologies to solve social, economic or environmental problems and improve people’s quality of life

In this podcast, Blandine Weill, Managing Director Spain at PALO IT, a global innovation consultancy and experience design and software development company that uses technology to work for the common good, Cristina Domecq, Head of Sustainability & Impact at CrowdFarming, a platform for the direct sale of food between farmers and consumers, and Sébastien Pellion, Director of Social Impact and Sustainability at Glovo, a global delivery app, delve into the potential for progressive social change of some projects that rely on new technologies.

According to Cristina Domecq, some of the most significant benefits include process efficiency, traceability of products and services and connectivity between people. Weil says that, in addition to this, there are also improvements in education, healthcare and environmental sustainability. Many companies are incorporating sustainability into their business model, as part of their business purpose, says Pellion.

As Domecq notes, the key principle of CrowdFarming is precisely the economy of purpose. However, she acknowledges that the debate between profitability and positive impact remains a daily issue. People, planet and profit are the company’s triple bottom line at PALO IT, which has turned technology into a powerful tool to achieve those goals, explains Weil. Social and environmental commitment are essential elements of these technology platforms. Glovo’s roadmap, comprising three pillars—Give, Grow, and Green—allows the company to fund projects that align with these principles, says Pellion.

Glovo, PALO IT, and CrowdFarming are good examples of how technologies emerge as opportunities to address social and environmental challenges and foster positive change in the societies they operate in. Aware of the challenges they also face, these companies continue exploring their areas of operation and strive to combine positive impact with economic sustainability.