The Overview Effect, success stories in promoting sustainability

The big bet of the business fabric for sustainability is The Overview Effect (www.weareoverview.com), Indra's new challenge, which already has a track record that allows it to present itself as a company specialized in promoting innovation in sustainability in companies connecting global challenges and business models and enhancing the capacity of organizations to generate systemic solutions to the social and environmental challenges of our planet.

The Overview Effect presents several use cases that it is successfully driving. Nacho Rivera comments on some of them, to conclude that “technology is the only lever that allows us to generate changes with the scalability and speed we need. We have an obligation to use technology purposefully.”

In the energy sector, he is working on an innovation project that uses the power of data and artificial intelligence to guide the energy transition of companies and decision-making to guide decarbonization. The generation of intelligence from the combination of this data allows the energy company to make decisions that reduce more drastically and pronouncedly the emissions of carbon dioxide equivalent.

In the financial sector, it is immersed in the construction of a sustainable financing platform, which allows updated information on the destination of capital towards intensive or non-carbon intensive sectors. With this information, it makes it easier to have a vision of the sustainability of the capital and thus be able to encourage changes that promote green and sustainable investment.

He is also working on a platform to promote the regeneration of natural ecosystems in Spain thanks to technology. We are creating a digital product that connects companies interested in promoting reforestation projects with organizations that carry out said projects on the ground. In addition, with this product we use different types of technologies to accurately measure the real impact of the projects both at the level of CO2 absorption and the impact on biodiversity.

Indra's differential commitment

In a global environment marked by the 2030 agenda, the European Green Pact and the Funds Recovery Europeans, Indra has opted for the relationship of technology, digitization and sustainability as a great pillar of the future of companies and institutions and increases its capacity to add value to organizations in aspects related to sustainability by acquiring the majority of the capital of The Overview Effect.

Thus, Indra presents the market with a unique and differentiated offer, which covers from end to end all the needs in terms of transformation towards the sustainability of companies and institutions: from strategic consulting to the development of technologies and products, passing for prototyping.

Indra will rely on its digital and technological leadership to scale the strategic and differential projects originated in The Overview Effect and thus help organizations to innovate in terms of sustainability. These new products and services will allow companies to achieve sustainable growth in their business model, generate shared value, improve their connection with the consumer of the future, and increase their ability to attract and retain talent.

The Overview Effect was founded by Nacho Rivera, an expert in sustainability and its impact on business models, and Ignacio Cabrera, co-founder of Paradigma Digital, an Indra group company, and has an important team of experts, specialized in different areas of sustainability at a social, environmental and economic level. The combination of multidisciplinary profiles with experience in the private sector and in the academic field reflects its differential value proposition.

In the presentation of The Overview Effect, Cristina Ruíz, CEO of Indra, stated that “Indra demonstrates its commitment to sustainability and reaffirms its commitment to talent and intrapreneurship models in its company culture. We are sure that digitization will play a key role in the transition towards a sustainable economic model and the commitment to The Overview Effect demonstrates our commitment to complement our technological capabilities with specific and differential sustainability capabilities. The Overview Effect will be specialized in prototyping positive impact solutions that solve social and environmental challenges. At Indra we will support them in accessing clients and when scaling their solutions through technology”.

Nacho Rivera, CEO of The Overview Effect, explained that “our approach seeks to create solutions that transform the business model and generate positive impact at the same time. In today's environment, sustainability is wrongly tied to regulatory compliance and risk management. Our ambition is totally different: we want to generate real transformations in the business model, understanding sustainability as a generator of value. We want to be solvers and regenerators, not just reduce damage and manage risks. We differentiate ourselves through our ability to use all the power of innovation and technology to help companies generate a positive impact, something that makes it easier for us to be part of Indra, the leading technology company in Spain. Thanks to technology, we can provide an end-to-end service, going far beyond strategic consulting and focusing on prototyping and scaling new products and services in companies that use technology as a lever to generate positive impact."

Indra, the most sustainable technology company in the world

Indra has become the world leader in sustainability in the Software and Services technology sector, after achieving the best global score in the Dow Jones Sustainability Index (DJSI) World. Indra is the only company in the sector that has managed to stay in this global sustainability reference index for 16 consecutive years, to which more and more companies from all over the world aspire and which is renewed every year incorporating new, more demanding requirements.

The company has improved its overall score, achieving a very significant rise in the assessment of its environmental management policies and systems, an area in which it has made important commitments in recent years, such as the UN climate change objectives to reduce its emissions from energy consumption by 50% in 2030 and be totally carbon neutral in 2050. In addition, Indra has notably improved its score in risk management and tax strategy.

The company leads its sector in the social and good governance dimensions, and has obtained the highest possible rating (100th percentile) in seven criteria: innovation management, privacy protection, social and environmental reporting, labor practices, institutional relations and fiscal strategy.