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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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4 steps to improving your ESG risk management to increase financial performance

IBM Journey to AI blog

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. Conduct ESG assessments.

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

IBM Journey to AI blog

These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected. Additionally, the SEC proposal requires any company that has announced climate-related goals to disclose the scope and structure of the goal.

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The history of climate change

IBM Journey to AI blog

Some are using software tools to gauge their progress in achieving reductions in carbon emissions to meet ESG goals and adhere with environmental regulations. Copernicus, Europe’s climate monitoring agency, declared 2023 to be the warmest year on record. June 9, 2023. ” (link resides outside ibm.com). JSTOR Daily.

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How IBM is innovating for a more sustainable future

IBM Journey to AI blog

First, The ESG conundrum reveals that while an increased focus on environmental sustainability remains a top priority for participating consumers and business executives, inadequate data is a key challenge for both groups when it comes to achieving personal and corporate Environmental, Social and Governance (ESG) goals.

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SEC climate-related disclosure rules for public companies

IBM Journey to AI blog

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. Explore IBM Envizi ESG Suite today The client is responsible for ensuring compliance with all applicable laws and regulations. How can IBM help?

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