IBM ramps up sustainability offering with Envizi acquisition
Summary
IBM has announced the acquisition of Australian environmental performance management data firm Envizi to help organisations better measure their supply chains environmental impact. "To drive real progress toward sustainability, companies need the ability to transform data into predictive insights that help them make more intelligent, actionable decisions every day," IBM AI applications general manager Kareem Yusuf said. "Envizis software provides companies with a single source of truth for analyzing and understanding emissions data across the full landscape of their business operations and dramatically accelerates IBMs growing arsenal of AI technologies for helping businesses create more sustainable operations and supply chains." IBM added it is already using Envisi to help track and report its own goals in renewable electricity procurement and greenhouse gas emissions reduction. The latter firm previously announced plans to be carbon negative by 2030, and that by 2050, it hopes to have removed from the environment all the carbon that has been emitted by its business -- directly and by electrical consumption -- since it was founded in 1975.