IBM Sustainability News, Milestones, Software Partnerships and Net Zero Timeline
October 1, 2024 by Joe Panettieri
Here is additional IBM sustainability news and milestones.
November 2023: IBM Sustainability Milestones
Multiple updates...
COP28 News: The company will apply the company's geospatial AI technologies, including IBM's geospatial foundation model developed in collaboration with NASA, to "climate efforts including analysis of urban heat islands in the United Arab Emirates (UAE); reforestation across Kenya; and climate resiliency in the United Kingdom (UK)," the company said.
Partnership - Generative AI and Fuel Cells: The company and FuelCell Energy will leverage Foundational Models, a form of generative AI, to boost the performance of FuelCell Energy’s technology. The overall goal is to "support both companies’ efforts to lead a global transition to renewable energy sources that emit little to no carbon," IBM and FuelCell Energy said.
Data Integration: Global IT consulting firm Deloitte and IBM are integrating their sustainability software to "help clients accelerate emissions reductions strategies and make sustainability programs an embedded part of their organization’s core business."
Training: IBM SkillsBuild has launched free educational courses focused on sustainability. The courses, IBM said, include: (1) Introductory courses will help establish a foundation with historical insights and fundamentals to connect sustainability and technology. (2) Mid-level offerings in design thinking and green entrepreneurship will encourage learners to grow their skills. (3) Advanced coursework will ask learners to apply their skills to sustainability topics across AI, cybersecurity, and ESG reporting.
Sustainability Accelerator: The IBM Sustainability Accelerator announced five new projects focused on water management. Participants include The University of Sharjah, The University of Chicago Trust in Delhi, The University of Illinois, Instituto IGUÁ and Water Corporation.
October 2023: Sustainability Milestones
Sustainable Supply Chains: Demand for Asset & Supply Chain Management software continues to grow, and the company continues to help customers run sustainable operations, CFO Jim Kavanaugh said during IBM's earnings call. CEO Arvind Krishna also weighed in, stating: "Businesses and governments around the world are looking for opportunities to address demographic shifts, make their supply chains more resilient and improve sustainability." Actual revenue figures for IBM's supply chain software and associated sustainability consulting services were not disclosed.
September 2023: Sustainability Milestones
IT Solutions for Sustainability: Nearly 90% of midsize and large organizations plan to increase their IT spending on sustainability over the next year, an IBM survey of global business leaders found.
ESG Software - Scope 3 Emissions: IBM's software can help organizations accelerate the capture, calculation and analysis of Scope 3 greenhouse gas (GHG) emissions. The solution involves the integration of NLP in the IBM Envizi ESG Suite, the technology company said.
Food Supply Chains: The company and iFoodDS launched a software solution to address the FDA's Food Traceability Rule, FSMA 204(d). The new solution is called iFoodDS Trace Exchange. According to Christina Shim, global head of product management & strategy, IBM Sustainability Software: "By collaborating with iFoodDS, we can provide even more help to enterprise clients and their trading partners as they work to become FSMA compliant and can take a major step toward the industry's goal of creating a safer, transparent, and sustainable food supply chain."
AI Training: The company committed to train two million learners in AI by the end of 2026, with a focus on underrepresented communities.
August 2023: IBM Sustainability Milestones
COP28 Conference and AI Software: IBM will sponsor the COP28 conference. The effort will include emphasizing Watsonx to help organizations build AI (artificial intelligence) applications that drive sustainability and efficiency.
AI and Sustainability:IBM has developed a prototype "brain-like" chip that could make artificial intelligence (AI) more energy efficient, BBC reported.
Artificial Intelligence for Sustainability:IBM is touting AI as a way to "accelerates the conversion of data into sustainability insights that help leaders make informed decisions in real-time." Still, AI applications can also boost energy consumption and associated carbon emissions, some critics have warned.
July 2023: IBM Sustainability Strategy Milestones
Multiple updates...
Cloud Carbon Calculator - General Availability: IBM has launched a Cloud Carbon Calculator dashboard to "help enterprises track greenhouse gas (GHG) emissions across cloud services and advance their sustainability performance throughout their hybrid, multicloud journeys," the company said.
Cloud Carbon Calculator - Beta Test: The calculator is an "AI-informed" that's "dashboard designed to give clients access to standards-based cloud emissions data for IBM Cloud workloads with just a few clicks." The calculator is in beta testing as of May 2023.
More: Continue to the next page for additional IBM sustainability news and milestones.
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