Partnership - Software and Managed ESG Services: EY and IBM are partnering to offer various managed ESG and sustainability services that leverage IBM's software.
Sustainability Accelerator: The company announced a new request for proposals from government and non-profit organizations for the IBM Sustainability Accelerator, focused on technology-driven projects to advance city resiliency.
Research - Utilities and AI: Roughly 74% of Energy and Utility companies have implemented or are exploring using AI in their operations, according to IBM.
February 2024: IBM Sustainability Milestones
Multiple updates...
Software - Scope 3 Support:IBM's Envizi software has gained a Supply Chain Intelligence module to help partners and customers calculate and report their Scope 3 emissions.
Software and IT Consulting:Wipro has launched a generative AI platform that leverages IBM watsonx. The goal is to "make AI consumption as efficient, agile, reliable, and sustainable as possible—ultimately, helping advance the adoption of enterprise-level AI,” a Wipro executive said.
Investment:IBM has invested in Synthetaic. The round was co-led by Lupa Systems and TitletownTech. Synthetaic's software makes visual data analysis possible. The company's platform, RAIC, facilitates "instant search for any object in any kind of image data, including full-motion video and satellite imagery." Synthetaic is another example of how "AI can drive sustainability for our clients,” said Christina Shim, VP and Global Head of Product and Strategy, IBM Sustainability Software.
December 2023: IBM Sustainability Milestones
Multiple updates...
Funding - Semiconductor Manufacturing: Multiple technology companies -- including IBM, Micron, Applied Materials and Tokyo Electron -- will. establish a next-generation semiconductor research and development center at the New York Creates’ Albany NanoTech Complex. The $10 billion effort focuses heavily on sustainable semiconductor manufacturing processes, materials use, waste reuse and reclamation, and fab design.
Coding Competition: AGNO, Phyto and team Synergy Squad have won the sixth-annual Call for Code Global Challenge, which invited innovators across the globe to develop AI-powered technology projects that address sustainability to help fight climate change. The solutions leveraged technologies such as IBM watsonx and the IBM Environmental Intelligence Suite, to "address agricultural issues ranging from contaminated soil and crop management to food waste."
4. AI Alliance:IBM and Meta have launched the AI Alliance in collaboration with over 50 Founding Members and Collaborators. The participants are committed to open source AI strategies -- which are in stark contrast to Microsoft and Google AI strategies.
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.
Jim Kavanaugh, CFO, IBM
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.
More: Continue to the next page for additional IBM sustainability news and milestones.
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