September 29, 2020 By IBM Envizi 2 min read

In early August, Bill Gates released a blog that reads more like a call to climate action. “COVID-19 is awful. Climate change could be worse” explains the parallels between the global crisis of COVID-19 and the potential future crisis of climate change. Gates isn’t shy about predicting some scary effects of coronavirus and draws parallels to the threat of climate change, addressing human, environmental and economic impacts. This multi-pronged set of challenges is intimidating, but the threats described in his blog are met with some tangible, actionable solutions to address all three separate, but related, topics.

It is clear that Gates considers the climate crisis to be a critical issue that cannot be sugarcoated or avoided any longer. His blog spins this dire description into a sweeping call to action for all industries: “Governments, inventors and entrepreneurs around the world need to focus on making green technologies cheap enough that developing countries will not only want them, but be able to afford them.” He gets more specific: “We need science and innovation to lead the way… We need new tools for fighting climate change.”

In this statement, Gates does not call out specific industries or professionals, but instead calls on all organizations, both public and private, big and small, to address this global challenge. It’s worth noting the industries that Gates represents. Though he has grown into an iconic thought leader and a tremendous global power, Gates represents the corporate sector.

Through that lens, the call to climate action continues: “The only way to avoid the worst possible climate outcomes is to accelerate our efforts now. Even as the world works to stop the novel coronavirus and begin recovering from it, we also need to act now to avoid a climate disaster.”

Gates, a representative of the private sector, has identified the prime positioning of corporations to become leaders in decarbonization. Because we know that the built environment represents up to 40% of carbon emissions in some markets, this topic is especially critical to any organization that owns, occupies or operates commercial real estate. In this statement, he mentions ‘acceleration’ and ‘innovation’ as two key solutions to mitigating greenhouse gas emissions. As a successful leader of one of the most innovative companies in the world, the co-founder of Microsoft would agree that technology will support the shift to a low-carbon economy.

The call to action feels urgent due to the powerful statistics used to describe the situation. Without calculations of the potential grim future and analysis to understand progress over time, it will be difficult to determine if Gates’ call to action (or the innovation that emerges from it) is effective. The critical importance of measurement and analysis cannot be underestimated, as the corporate sector focuses on innovating towards a low-carbon future.

IBM Envizi supports corporations in their journey towards decarbonization. Envizi’s data and analytics software helps organizations consolidate their sustainability data, streamline reporting and identify efficiency and emission reduction opportunities as they work towards a low-carbon future. Together, we can respond to Gates’ call to action: “We need to create a plan to avoid a climate disaster—to use the zero-carbon tools we have now, develop and deploy the many innovations we still need…”

Build your sustainability data foundation, streamline reporting and accelerate decarbonization with the IBM Envizi ESG Suite

Was this article helpful?
YesNo

More from Sustainability

Increase efficiency in asset lifecycle management with Maximo Application Suite’s new AI-powered features

6 min read - It can be a daunting task to manage and maintain a complex system of assets for daily operational success. Organizations must constantly consolidate information from various sources and address issues in real time while also focusing on how to best innovate. The cost of unplanned downtime is increasing, skills shortages are hurting productivity, and sustainability initiatives increasingly pose a challenge to traditional maintenance practices.  To address these challenges, companies must use technology that can provide intelligent and comprehensive asset management…

AI-infused sustainability planning and forecasting with Envizi 

2 min read - As climate disclosure requirements continue to grow as part of environmental, social and governance reporting, many businesses are seeking to steer their path effectively toward meeting their emissions reduction targets. However, existing planning and forecasting tools are not well equipped to manage ESG data models.  To help address this challenge, IBM is pleased to announce the addition of enhanced planning and forecasting capability to the IBM® Envizi™ ESG Suite from 21 May 2024.   IBM Envizi’s planning and forecasting solution…

How generative AI will revolutionize supply chain 

2 min read - Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making.  A recent IBM Institute of Business Value study,…

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters