The Lux Executive Summit (LES) is a global forum for leaders tackling innovation challenges. The event brings together Lux Research’s thought leaders to provide a forward-looking perspective on innovation around mission-critical topics. This year, the event focuses on the growing prominence of sustainability. At Lux Research, we define sustainability in a way that aligns with the perspective of the United Nations, that is, “meeting the needs of the present without compromising the ability of future generations to meet their own needs.” But this vast concept makes it near impossible to build a comprehensive taxonomy and avoid wasted investment around the hype-driven ideas.
This year’s event breaks down opportunities in sustainability into four tracks: Climate Tech, Circular Economy, The Future Consumer, and Emerging Tech. We are dedicating the Emerging Tech track to exploring how digital innovations are impacting sustainability-related use cases across a wide range of industries and how they can be foundational to achieving sustainability goals within a relatively short time frame. Here’s a sneak peek into what to expect in the Emerging Tech track.
Track and measure sustainability efforts to unlock the true value of sustainability
While sustainability has become a corporate imperative, its true value will be realized only when the risk and impact of sustainability can be measured quantitatively. In this presentation, Lisheng Gao will discuss how companies are beginning to use a combination of sensors and analytics to measure the efficacy of their sustainability solutions.
Use digital tools effectively to build a robust circular economy
Many materials and CPG companies are doubling down on the idea of a circular economy. However, several roadblocks to enabling a circular economy remain, such as tracking waste streams, identifying recyclable parts of the waste stream, and sorting them in an economically viable manner. Miraj Mainali and Charles Willard will be discussing how digital technologies like machine learning, robotics, and sensors are enabling innovators to overcome these roadblocks.
Deliver sustainable health and wellness for all
Sustainability goes beyond decarbonization and circularity; it also means health and wellness for all. Join Danielle Bradnan and Nardev Ramanathan to learn about how digital health tools are allowing consumers to access quality care at an affordable price and what new business opportunities this unlocks for both traditional and nontraditional healthcare players. Danielle and Nardev will also be moderating a panel discussion with industry leaders on toeing the line between increased access to personal health data, which is critical for providing quality and affordable healthcare, and protecting consumer privacy.
Address operational risks related to climate change
Unforeseen climate-related disasters like floods and fires are occurring with increasing frequency and posing a significant risk to business operations. In this talk, Cole McCollum and Shriram Ramanathan will highlight how organizations can use digital technologies like AI and edge computing to modify their operational strategies and thereby prepare for an unpredictable and risky future.
Apply business model innovation in sustainability
There are sustainable innovations galore; the challenge lies in making them profitable. Shriram Ramanathan and Anthony Schiavo will be discussing how digital business model innovation can enable stakeholders to generate positive ROI from seemingly unprofitable sustainable technologies and thus move sustainability problems from the realm of the unsolvable to that of the solvable. Shriram will be following this up with a panel discussion with key industry leaders on how different companies are using business model innovation when it comes to sustainability.
We look forward to having you join us virtually at the Lux Research at the Lux Executive Summit. Please be sure to check out the full agenda for more details, and let us know which topics you’re most interested in exploring with the Lux team and other leading circular economy innovators.