Aging, degraded or non-existent infrastructure makes conducting good business challenging. Business relies on materials, resources, labor and service support from all corners of the world and the ability to access them efficiently is key to establishing new markets. Computing and technology-based skills are of significant value to most businesses today, and consumers of common goods and services live on every continent. However, basic infrastructure supporting technologies, communications, transportation, and sanitation that business relies on is not universally available, hindering economic growth and societal progress.
This presents an opportunity for business. By committing to sustainable industrialization and promoting innovation across company operations, businesses can contribute to development efforts in the regions in which they operate through upgrading local infrastructure, investing in resilient energy and communications technologies, and making these technologies available to all people, including marginalized groups, who might not have access otherwise. Global companies can also promote inclusive infrastructure development by bringing valuable financial services and employment opportunities to smaller and/or minority-owned businesses.