IBM named a leader in ESG reporting and data management software by independent research firm

Impartial analysis agency Verdantix not too long ago recognized IBM as a frontrunner of their report, “Inexperienced Quadrant: ESG Reporting and Information Administration Software program” (July 17, 2023), which evaluated and supplied an in depth evaluation of resolution suppliers and their product choices. The rigorous evaluation performed by Verdantix included a complete 115-point questionnaire, two-hour reside demonstrations by suppliers and interviews with current ESG software program clients. The viewers surveyed are those that are liable for choosing, implementing and deriving worth from Environmental, Social and Governance (ESG) reporting and knowledge administration purposes.

The report notes that the market panorama for ESG reporting software program and knowledge administration software program has advanced quickly over the previous three years, pushed primarily by elevated laws and curiosity from quite a lot of inside and exterior stakeholders. This has resulted in a proliferation of latest entrants to the market looking for to satisfy a variety of wants, together with accumulating and managing giant quantities of information, making certain the information is audit-ready, enabling reporting on that knowledge, and utilizing instruments and know-how to drive enterprise choices.

IBM has a powerful heritage in serving to shoppers all over the world use know-how like AI and superior analytics—together with the IBM Envizi ESG Suite and IBM Planning Analytics—to handle their sustainability targets. IBM’s sustainability options present shoppers with an end-to-end resolution to handle ESG knowledge, drive efficiency enhancements and deal with reporting and disclosure necessities.

In reviewing IBM’s capabilities in ESG Reporting and Information Administration, the Verdantix report notes that IBM has strengths in:

Information high quality management and enhancement, together with “easy-to-understand experiences to higher analyze knowledge high quality. These embrace incomplete knowledge experiences to determine lacking or overlapping knowledge at a granular stage – resembling by provider or location – instruments to automate the gathering of lacking knowledge, and knowledge well being checks that embrace numerous metrics like time sequence meter knowledge.”

ESG and sustainability efficiency, together with how “Envizi has explicit strengths serving to corporations with long-term sustainability planning, together with monitoring web zero pathways, permitting customers to set assumptions round development eventualities, and serving to clients discover these eventualities to allow them to make higher choices in the right way to allocate funding. As well as, IBM gives modelling capabilities by way of its Planning Analytics Answer, which makes use of AI and machine studying from the IBM Watson device to carry out what-if analyses and muti-variate forecasting.”

Corporations across the globe are utilizing IBM Envizi to simplify the seize, consolidation, administration, evaluation and reporting of ESG knowledge, together with Growthpoint, an Australian actual property funding belief, and Melbourne Water, the Australian government-owned authority that protects and manages main water sources for town.

This recognition of IBM’s strengths in ESG reporting and knowledge administration software program enhances our management score within the Verdantix “Inexperienced Quadrant: Enterprise Carbon Administration Software program 2022” examine. These two outcomes are welcome validation of our place as a frontrunner out there and encourages us to proceed on the trail to increase our capabilities on this area and key functionalities of our choices.

For extra details about IBM Sustainability, please go to the IBM sustainability options.

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