Mon, Dec 23 2024
In response to growing expectations for climate transparency, IBM Envizi has introduced a series of improvements to its ESG Suite that are intended to enable businesses to efficiently manage their emissions reduction commitments.
According to ESG News, this upgrade combines IBM Planning Analytics, a reputable planning and forecasting package, with Envizi's extensive ESG data model.
Through this connection, Envizi's clients will have access to a potent solution for comprehensive sustainability management, combining the company's specialized ESG data management and reporting capabilities with IBM Planning Analytics' advanced AI-infused planning and forecasting features.
Businesses may easily collect, compute, analyze, and report greenhouse gas (GHG) emissions data inside Planning Analytics by utilizing Envizi's specially created ESG data foundation.
Daily data updates provide ongoing analysis based on the most recent information, and the collaborative nature of this integration makes complicated modeling and forecasting across numerous variables and what-if scenarios possible.
To further improve the user experience, Planning Analytics has pre-built planning templates that are particularly designed to track and analyze GHG emissions reduction trajectories.
Planning Analytics uses AI-powered optimization to automate processes and recommend the best machine learning models while keeping things transparent to increase user trust in the planning and analysis process. Businesses are able to navigate their sustainable path with educated decision-making thanks to this collaborative environment.
At every phase of an organization's sustainability endeavor, from the first ESG data collection to planning, forecasting, reporting, and performance enhancement, IBM Envizi provides all-encompassing assistance.
Significant improvements to Envizi's ESG reporting features, including increased CSRD reporting capacity, are being made concurrently with the most recent version of the software.
Businesses can reflect IBM's commitment to sustainability and be empowered to achieve good environmental impact by utilizing the new Planning Analytics add-on inside Envizi to expedite and improve their overall sustainability planning activities.
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