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The top ESG trends in 2024

IBM Journey to AI blog

ESG (environmental, social and governance) factors may not be the first thing that pops up when you search “what’s trending?” Before, it might have been enough to publish a press release saying that a company’s new ESG strategy includes moving away from fossil fuels and embracing renewable energy.

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IBM named a leader in ESG reporting and data management software by independent research firm

IBM Journey to AI blog

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings.

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Sustainability trends: 5 issues to watch in 2024

IBM Journey to AI blog

As more companies set broad environmental, social and governance (ESG) goals, finding a way to track and accurately document progress is increasingly important. 2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. The smart factories that make up Industry 4.0

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The tsunami of sustainability disclosures facing American multinationals: Is your company prepared?

IBM Journey to AI blog

While most companies have historically published annual Environmental Social Governance (ESG) reports long after their annual financial statements, it is likely that the SEC will require companies to disclose ESG data with financial statements. It is about accountability and driving comparability for real impact.

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Accelerating scope 3 emissions accounting: LLMs to the rescue

IBM Journey to AI blog

This article explores an innovative way to streamline the estimation of Scope 3 GHG emissions leveraging AI and Large Language Models (LLMs) to help categorize financial transaction data to align with spend-based emissions factors. Why are Scope 3 emissions difficult to calculate? more emissions than their operational emissions.

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SEC climate-related disclosure rules for public companies

IBM Journey to AI blog

The original proposed rules, issued in March 2022, aimed to ensure consistency in how publicly traded companies provided climate-related information to investors. These new rules join existing regulations in both the US and around the world requiring companies to make climate-related disclosures and provide other ESG-related metrics.

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SEC’s climate disclosure rule proposal explained

IBM Journey to AI blog

The SEC supported by ESG reporting software IBM Envizi’s existing suite of ESG reporting solutions are well placed to support SEC’s proposed rules announced in March 2022, by supporting organizations to meet stringent ESG reporting commitments within an auditable, single system of record built on the GHG Protocol.