Energy and Utilities category

Harnessing the power of data and AI to operationalize sustainability

3 min read - Companies are under mounting pressure from regulators, investors, and consumers to progress toward more sustainable and socially responsible business operations — and to demonstrate these measures in a robust and verifiable way. In fact, corporate responsibility and environmental sustainability risks tied as the third highest concerns for organizations, as ranked by large corporations in a 2021 Forrester report. However, the various types of data that companies need to understand and report on sustainability initiatives remains highly fragmented and difficult for…

The journey to net zero requires industry transformation

4 min read - “What’s measured or rewarded gets done.” This is a fitting approach for organizations on the path to net zero, a commitment to reduce net emissions to zero in order to stabilize global temperatures. As stakeholders, consumers and investors increasingly demand that companies take action, industries must respond and show progress on meaningful efforts to transform their approach to climate change. Consumers demand change to mitigate greenhouse gas emissions A recent UN report shows that more than 130 countries have committed to…

Geospatial data: the really big picture

4 min read - Continued socio-economic challenges and record-setting extreme weather events are now constant reminders that the health of our people, our global economy and the environment are inextricably linked. Sustainability is now a strategic business imperative, critical to creating new levels of resiliency and responsible practices that preserve our planet for future generations. Consider that 59% of investors choose companies that are environmentally sustainable. Leaders in enterprise sustainability are applying digital technologies like AI, IoT, blockchain, geospatial analytics and hybrid cloud to…

Revolutionizing renewable energy certificate markets with tokenization

5 min read - The Paris Agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C (3.6°F) and pursuing efforts to limit it to 1.5°C (2.5°F). It also aims to strengthen countries’ ability to deal with the impacts of climate change and support them in their efforts. More organizations are becoming increasingly aware of the sustainable business strategies and aligning their various business units towards the above goal. IBM has stated for more than a…

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