request our brochure

Five tech and ESG trends presented in Davos

April 5, 2023

Under the motto “Cooperation in a fragmented world,” the latest edition of the World Economic Forum brought together more than 2,700 heads of state and government, CEOs of major corporations, representatives of civil society, global media, and youth leaders from Africa, Asia, Europe, the Middle East, Latin America, and North America. The aim of the 53rd meeting was to drive forward-looking solutions and tackle the most pressing global challenges through public-private cooperation.

At the event, Brazilian startup DIO launched the Global Workforce Transformation – ESG Report, with the following trends of the global technology and ESG market for 2023:

Consolidation of ESG initiatives in society, governments and companies

“Over the past few years, ESG has increasingly become a priority for various market players, with initiatives led by governments, civil entities and for-profit organizations. According to the latest UN report for Agenda 2030, despite the cooling of the COVID-19 pandemic, its consequences are still present worldwide: millions of people have moved into extreme poverty and food insecurity has increased to alarming levels.”

Companies increased engagement with inclusion and diversity

“According to a 2022 International Labour Organization (ILO) survey, women still earn 20% less in the labor market. In addition, a survey by the U.S. Bureau of Labor Statistics indicates that black and brown people have 20.83% lower wages. For black and brown women, the scenario is even worse: they receive 23.82% less than white men.”

Growing challenge to retain talent

“In a global survey conducted by Statista with leaders from various industries, 42% of the executives interviewed indicated attracting talent as the biggest challenge in recruiting in technology. According to research conducted by Gartner, only 29% of talent in the technology sector has the intention to stay in their jobs, and an even worse scenario for young talent aged 19-29, where only 16% have the intention to stay in their current job.”

Increasingly global professionals in the interconnected post-pandemic landscape

“The process of global markets picking up after the digital transformation accelerated by the COVID-19 pandemic has increased the demand for professionals who have knowledge and experience in the area of technology. In addition, there is a shortage of these professionals around the world, and the expectation is that 2030 will see a shortfall of 85 million talents, according to consultancy Korn Ferry.”

Evolution of everyday applications of exponential technologies

“More and more exponential technologies are becoming present in the everyday life of society, new applications and the rapid dissemination of these novelties are extremely relevant factors for the market.”

Source: Global Workforce Transformation DIO ESG Impact Report 2022