- IBM Environmental Intelligence Suite combines weather, climate, and operational data and environmental performance management into a single solution
- Helps companies anticipate and respond to climate risks, such as flooding and wildfires, while providing insights to help improve resiliency and meet sustainability goals
Addresses World Economic Forum's Top Three Most Likely Risks for Businesses over the next decade
Companies are facing climate-related damage to their assets, disruptions to supply chains and operations, as well as increasing expectations from consumers and investors to perform as an environmental leader. Extreme weather, climate action failure and human-led environmental damage were cited as the top three most likely risks for businesses over the next ten years in the
The IBM Environmental Intelligence Suite announced today aims to help companies streamline and automate the management of environmental risks and operationalize underlying processes, including carbon accounting and reduction, to meet environmental goals. The suite leverages existing weather data from
IBM Environmental Intelligence Suite is a SaaS solution designed to help organizations:
- Monitor for disruptive environmental conditions such as severe weather, wildfires, flooding and air quality and send alerts when detected;
- Predict potential impacts of climate change and weather across the business using climate risk analytics;
- Gain insights into potential operational disruptions and prioritize mitigation and response efforts;
- Measure and report on environmental initiatives and operationalize carbon accounting, while reducing the burden of this reporting on procurement and operations teams.
The suite delivers environmental insights via APIs, dashboards, maps and alerts that can help companies address both immediate operational challenges as well as longer term planning and strategies. For instance, the suite could be used to help retailers prepare for severe weather-related shipping and inventory disruptions, or factor environmental risks into future warehouse locations; energy and utility companies to determine where to trim vegetation around power lines or which of their critical assets may soon be at greater risk from wildfires due to climate change. Or the suite could be used to help supermarkets get a clearer picture of how refrigeration systems are contributing to their overall greenhouse gas emissions and prioritize locations for improvement.
"The future of business and the environment are deeply intertwined. Not only are companies coping with the effects of extreme weather disruptions on their operations, they're also being held increasingly accountable by shareholders and regulators for how their operations impact the planet," said
Companies around the world are already using many of the core weather and AI technologies found within
The IBM Environmental Intelligence Suite also takes advantage of AI-driven innovations from
The Environmental Intelligence Suite can be integrated with
Businesses can also tap into the cross-industry expertise of IBM Global Business Services to help design, implement and accelerate their environmental business transformation journeys. These strategies include reimagining operations, supply chains, emissions management, or ESG and climate risk reporting with the help of emerging technologies to assist organizations in meeting their environmental goals.
For more details on IBM Environmental Intelligence Suite, visit: ibm.biz/environmental-intelligence. To learn more about how innovations across
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