Using Technology to Assist in the Transition to Net Zero

The need for reliable data and analytics to support this journey is growing as businesses all over the world concentrate on reducing greenhouse gas (GHG) emissions to fulfill their net zero commitments. The subject of a recent Verdantix Green Quadrant study is technology providers of carbon management software.

We are pleased with IBM’s performance in the Verdantix Green Quadrant: Enterprise Carbon Management Software research for 2022. The report is a welcome affirmation of our market-leading position and motivates us to keep moving forward with the expansion of important functions and capabilities in this area. Furthermore, it demonstrates the connections we have created between Envizi, the IBM Environmental Intelligence Suite, and other vital tools.

The Verdantix paper focuses on essential features necessary to deliver net zero carbon management results, such as data quality control, renewable energy sources, and the capacity to quantify and monitor actual climate risk. In the Verdantix Green Quadrant, IBM received the highest overall score for enterprise carbon management thanks to its outstanding performance across all three of these categories. The report’s authors, who highlighted that IBM “provide customers a 360-degree picture of GHG emissions throughout their operations with integrated tools for climate risk assessment,” emphasized the importance of this.

The paper offers a thorough fact-based analysis of the top 15 providers of net zero carbon management software. It offers a list of capability standards that will be valuable to any business evaluating various goods in this market, such as:

• Data acquisition
• Data management
• Data modeling (scope 1, 2, and 3)
• Data quality control
• Carbon accounting methodologies
• Carbon emissions calculation engine
• Renewable energy sourcing and contracts
• Net zero strategy development and implementation
• Carbon disclosure management
• Physical climate risk
• Organizational data management

Net Zero: Data and AI are core to accelerating your sustainability journey

Setting up a data and systems architecture to track current performance and provide information for the operationalization stage, which involves integrating sustainability decision-making into regular corporate operations, is the next step after deciding on your sustainability strategy and goals.

Envizi is built to gather, manage, and extract insights from sustainability data as the fundamental data layer of your net zero sustainability software stack. It offers a thorough single system of record and supports the integration technology needed to send and receive data from data lakes or any other data sources, including metering systems, IoT platforms, utility providers, ERP systems, and other third parties whose data is required to calculate a thorough GHG emissions footprint. Our Environmental Intelligence Suite, which uses meteorological, temperature, and environmental data to evaluate physical climate risk, complements this functionality.

Envizi can communicate with a growing number of IBM systems for enhancing operational performance, such as TRIRIGA and Maximo. Additional connection solutions are now being developed, and by the end of 2022, Turbonomic and the Supply Chain Intelligence Suite are expected to be available.

Sustainability objectives are in line with corporate goals thanks to our pragmatic approach. We assist businesses in operationalizing sustainability end-to-end by integrating and automating high-quality environmental, social, and governance (ESG) data into regular workflows in a secure and auditable manner using open technologies and consulting services. Customers can design, operationalize, and realize their ESG targets with the aid of IBM’s depth and breadth of capabilities, as well as its industry-leading research. IBM can assist you in speeding up your corporate sustainability and carbon management journey.

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