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Sustainability trends: 5 issues to watch in 2024

IBM Journey to AI blog

In 2024, sustainability is taking center stage. In addition to CSRD, California has new mandatory reporting rules coming into play in 2024, while countries around the world are on the verge of implementing their own non-financial disclosure and documentation requirements. trillion to the global economy by 2050.

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

IBM Journey to AI blog

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. 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. In parallel, the U.S.

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Top financial services trends of 2024

IBM Journey to AI blog

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.

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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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Promote resilience and responsible emissions management with the IBM Maximo Application Suite

IBM Journey to AI blog

In 2022, the Inflation Reduction Act amended the Clean Air Act and introduced new fines for methane leaks starting at USD 900 per metric ton of methane emissions in 2024, rising to USD 1,500 by 2026. billion levied in 2026, rising to USD 1.8 billion in 2028.

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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. Such efforts include improving energy efficiency, transitioning to renewable energy sources and making decisions informed by ESG data-monitoring and analysis tools. JSTOR Daily.

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The executive’s guide to generative AI for sustainability

AWS Machine Learning Blog

Organizations are facing ever-increasing requirements for sustainability goals alongside environmental, social, and governance (ESG) practices. Within this context, you can use generative AI to advance your organization’s ESG goals. The typical ESG workflow consists of multiple phases, each presenting unique pain points.