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IBM Sustainability News, Milestones, Software Partnerships and Net Zero Timeline

October 1, 2024 by Joe Panettieri

Here is additional IBM sustainability news and milestones.

April 2023: Sustainability Strategy Milestones

Multiple updates...

  • Partnership - New York Stock Exchange: The company is collaborating with the New York Stock Exchange (NYSE) to help support NYSE-listed companies with their environmental, social and governance (ESG) efforts. The effort involves limited-time software discounts for IBM Envizi ESG Suite.
  • Partnership - ERP Software: An SAP partnership involves ERP software sustainability initiatives. ERP, short for Enterprise Resource Planning, typically involves a suite of back-end business management software.
  • New York Center for Climate Solutions: Multiple organizations -- including IBM, Rochester Institute of Technology (RIT) and Stony Brook University -- vowed to support the $700 million center.
  • Sustainability Strategy: The company provided an update on its sustainability strategy here.
  • IBM Revenues & Sustainability Opportunities: "Many clients are leveraging our technology and expertise to advance their sustainability agendas," IBM CEO Arvind Krishna said during the company's April 2023 earnings call. He touted partnerships involving EY's sustainability consulting practice, and a relationship involving Siemens that "integrates software from both companies to enable sustainable product development." Still, Krishna did not share any specific facts, figures or research to pinpoint the size of the sustainability opportunity.
  • Partnership: The company and Siemens Digital Industries Software are expanding their partnership to "develop a combined software solution integrating their respective offerings for systems engineering, service lifecycle management and asset management," the companies said.
  • Research - Consumer Goods, IT Spending & Sustainability: Consumer goods companies are boosting their technology budgets by 34% to align sustainability and operations and drive growth, according to a study from the company and The Consumer Goods Forum.
  • Mainframes: The company is positioning new z16 and LinuxONE solutions to help customers consolidate their servers and reduce data center energy consumption by 75%.

March 2023: IBM Sustainability Strategy Milestones

Multiple updates...

  • Partnership - IT Consulting: EY Consulting & IBM Software partnered to assist customers with sustainability strategies in such carbon-heavy industries as civil infrastructure, telecom, energy, mobility & manufacturing.
  • Request for Proposals: The company is accepting proposals for the next cohort of the IBM Sustainability Accelerator, which will focus on water management solutions. This program "applies IBM technologies, such as hybrid cloud and artificial intelligence, and an ecosystem of experts to enhance and scale projects focused on populations vulnerable to environmental threats," the company said.
  • Engagement: etisalat by e& will leverage IBM sustainability software to help to help the company's environmental, social and governance (ESG) strategy. 

February 2023: Sustainability Strategy Milestones

January 2023: IBM Sustainability Strategy Milestones

  • CIO Sustainability Priorities: The latest sustainability priorities from IBM CIO Kathryn Guarini and SAP Chief Digital and Information Officer Florian Roth are here from The Wall Street Journal.
  • Research - CEOs on Sustainability: Fully 81% of organizations have a sustainability strategy in place and 53% of the CEOs rated sustainability as a top priority, according to an IBM CEO Study from 2022. However, only 35% of the polled organizations have started executing sustainability initiatives, the study revealed.

Note: This blog originally published in July 2023. Regularly updated thereafter.

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