article thumbnail

How the right data and AI foundation can empower a successful ESG strategy

IBM Journey to AI blog

A well-designed data foundation can also be a game-changer when it comes to managing ESG (environmental, social, and governance) commitments. Fortunately, business benefits and ESG benefits are not mutually exclusive: sustainability efforts can help boost business value for organizations that are committed and effective in execution.

ESG 233
article thumbnail

Accelerating scope 3 emissions accounting: LLMs to the rescue

IBM Journey to AI blog

Figure 2: Compared results of different approaches Incorporating AI into IBM Envizi ESG suite to calculate Scope 3 emissions Employing LLMs in the process of estimating Scope 3 emissions is a promising new approach. However, challenges such as commodity recognition and mapping can seem hard to address.

ESG 202
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sharing a reliable sustainability podcast

IBM Journey to AI blog

Released on Earth Day are the following episodes: Episode 1: Sustainability Explained Joining us to demystify Sustainability and kick off Season 2 is Christina Shim. Christina explains sustainability as leaving the planet better than we are now – meet today’s needs and also making sure demands of tomorrow can be met as well.

ESG 164
article thumbnail

What CIOs and CTOs should consider before adopting generative AI for application modernization

IBM Journey to AI blog

The tools in watsonx.governance will also help organizations efficiently drive responsible, transparent and explainable workflows across the business. Consider sustainability goals Whether as part of formal ESG programs or corporate missions, sustainability is more than good ethics—it’s increasingly recognized as better business.

article thumbnail

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.

article thumbnail

The EU’s Corporate Sustainability Reporting Directive explained

IBM Journey to AI blog

CSRD values sustainability metrics alongside environmental performance, paying particular attention to the “S” in ESG, such as employee health, human rights, bribery, anti-corruption and diversity. NFRD vs. CSRD: Key differences explained The EU CSRD builds on the existing NFRD to make reporting more thorough and relevant.

ESG 111
article thumbnail

The Indian Business Responsibility and Sustainability Report (BRSR) explained

IBM Journey to AI blog

India’s Business Responsibility and Sustainability Report (BRSR)—a framework for environmental, social and governance (ESG) reporting—comes into effect in 2023. As India moves to mandatory ESG reporting, the BRSR is aimed at improving compliance, consistency and communication around non-financial disclosures.

ESG 135