{"id":91335,"date":"2023-09-25T01:26:16","date_gmt":"2023-09-24T22:26:16","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=91335"},"modified":"2023-09-25T01:28:59","modified_gmt":"2023-09-24T22:28:59","slug":"ibm-can-help-organizations-calculate-capture-ghg-emissions","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/ibm-can-help-organizations-calculate-capture-ghg-emissions\/","title":{"rendered":"IBM can help organizations calculate, capture GHG emissions"},"content":{"rendered":"

IBM<\/a> has announced it can help organizations accelerate the capture, calculation and analysis of Scope 3 greenhouse gas (GHG) emissions through the integration of NLP in the\u00a0IBM Envizi ESG Suite<\/a>.<\/p>\n

The new text classification capabilities are designed to help enable a leap forward in efficiency and accuracy by helping organizations automatically ingest, organize and manage the spend data required for emissions calculations and external disclosures.<\/p>\n

New findings released as a preview of the\u00a0IBM 2023 Sustainable Business Snapshot<\/a>, conducted by Morning Consult on behalf of IBM, revealed that there’s a perception gap among corporate sustainability professionals, including sustainability and IT decisionmakers. 93% of respondents think their company is somewhat or very mature in using data to track sustainability progress. But only 45% say they are ready to report on Scope 3 emissions.<\/p>\n

IBM Envizi has been helping organizations to collect, calculate, analyze and report on GHG emissions for over a decade. IBM Envizi\u00a0offers coverage for all 15 Scope 3 categories, using a calculation engine to apply GHG Protocol calculation methods that are underpinned by a robust data management system. It includes automated data capture, supplier survey data capture, Scope 3 emissions factor libraries, reporting framework templates, a dedicated Scope 3 analytics dashboard, audit tools and functionality to support supplier benchmarking analysis.<\/p>\n

The new functionality in Envizi helps address one of the key challenges organizations face with Scope 3 emissions, which is the categorization of spend data drawn from financial or ERP systems.<\/p>\n

With the addition of automated text classification using NLP, \u00a0IBM Envizi can help streamline this process by aggregating, managing, categorizing and preparing spend data, ultimately to help produce a unified and up-to-date dataset that maps to country and industry-specific emissions factors. To complement this functionality, IBM Envizi now includes an embedded spend-based emissions factor library that is harmonized across over 180 countries, creating uniformity in Scope 3 calculations for purchased good and services. These datasets are designed to help organizations to produce their emissions calculations quickly, accurately and efficiently.<\/p>\n

“Growing regulatory requirements and external interests are driving organizations to disclose GHG emissions, including those from Scope 3,” said\u00a0Christina Shim, Vice President and Global Head, Product Management and Strategy, IBM Sustainability Software. “As requirements increase and as organizations prioritize enhancing operational insights, so does the need for robust, auditable data management, calculation, and reporting processes. IBM Envizi is now integrated with the new capabilities to help organizations seamlessly garner insights from spend data to facilitate Scope 3 emissions calculations for ESG reporting.”<\/p>\n

IBM Envizi complements IBM’s existing portfolio of sustainability solutions and consulting expertise, including\u00a0IBM Planning Analytics<\/a>,\u00a0IBM Supply Chain Intelligence Suite<\/a>,\u00a0IBM Maximo Application Suite<\/a>, and\u00a0IBM Turbonomic<\/a>, that help organizations set, operationalize, and drive their environmental sustainability goals.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

IBM has announced it can help organizations accelerate the capture, calculation and analysis of Scope 3 greenhouse gas (GHG) emissions through the integration of NLP in the\u00a0IBM Envizi ESG Suite. The new text classification capabilities are designed to help enable a leap forward in efficiency and accuracy by helping organizations automatically ingest, organize and manage […]<\/p>\n","protected":false},"author":410,"featured_media":91336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,13329],"tags":[6253,8050,9913],"yoast_head":"\nIBM can help organizations calculate, capture GHG emissions - Csr Egypt<\/title>\n<meta name=\"description\" content=\"IBM has announced it can help organizations accelerate the capture, calculation and analysis of Scope 3 greenhouse gas (GHG) emissions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/ibm-can-help-organizations-calculate-capture-ghg-emissions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBM can help organizations calculate, capture GHG emissions - 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