Partnership Launches Portal to Address Global E-waste Challenge

The shift to Industry 5.0 could lead to job losses if workers are not retooled and reskilled, the Asian Development Bank (ADB) has warned. In a special supplement titled, “Capturing the Digital Economy: A proposed measurement framework and its applications,” experts also said shifting to Industry 5.0 from Industry 4.0, however, would still lead to increased consumption and job opportunities if workers are able to adapt. “Data suggest that, while effects of technology improvements observably reduce labor demand as a result of substitution, positive job impacts coming from consumption and new labor requirements may compensate,” the ADB said.

Radisson Hotel Group is one of the top 1000 companies with published approved science-based targets and has taken significant steps to define a clear path to becoming Net Zero by 2050, aligned with the landmark 2015 Paris Accord.Tourism & Travel as a sector represented 1/10 jobs and over 10% of global GDP in 2019.  On the path to recovery to pre-pandemic business levels, it is important to operate the industry with a wholistic focus on sustainability, accelerated decarbonization and inclusion to ensure a thriving growth in balance with planetary resources.
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