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How To Use Data Analytics To Launch A Sustainable Technology Business

Smart Data Collective

You probably wouldn’t think that data analytics would be the core solution. Following the groundbreaking IPCC report on climate change in October 2018, green tech companies are expected to gain bigger investments from companies looking to divest their savings from fossil fuel resources. Big Data Helps Meet UN Climate Targets.

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Elevate your digital transformation with impactful sustainability

CIO Business Intelligence

These priorities are concretely influencing IT buying decisions: According to a global survey by Enterprise Strategy Group, 98% of IT decision-makers report that IT suppliers’ environmental, social, and governance (ESG) programs influence their IT purchasing decisions, and 85% have eliminated a potential technology supplier due to ESG concerns. [1]

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How the C-Suite Can Champion Sustainability Across the Enterprise

CIO Business Intelligence

In fact, more than 3,200 companies have set science-based carbon targets , and thousands of companies from around the world are pledging to reach net-zero emissions by either 2040 or 2050. It’s imperative that sustainability teams, tech experts and executives come together to make the authentic, impactful progress we need to make.

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Renewable energy in action: Examples and use cases for fueling the future

IBM Big Data Hub

Portugal : The country was one of the first in Europe to pledge carbon neutrality by 2050. Meeting compliance and sustainability reporting requirements : Using renewable energy can help businesses meet mandatory reporting requirements and contribute to local and international goals in the fight against climate change.

IoT 97
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Scope 3 is coming: CIOs take note

CIO Business Intelligence

And scope 3 reporting—an account of carbon emissions across the supply chain to build equipment, provide professional expertise, or deliver a subscription service—may be the most rigorous and challenging requirement. And scope 3 reporting for one company depends on scopes 1 and 2 reporting from the next company upstream in the supply chain.

Reporting 104
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Australian businesses need new servers to drive sustainability and innovation

CIO Business Intelligence

However, despite data centres and transmission networks being responsible for nearly 1 per cent of energy-related greenhouse gas emissions, a new Deloitte study reports little over half (54 per cent) of businesses have converted to energy-efficient technologies. Businesses are feeling growing pressure to act on climate change from all angles.

IoT 88
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Celebrating World Oceans Day: Revitalizing the marine ecosystem with technology-driven engineered reefs to accelerate CO2 capture

IBM Big Data Hub

If no significant action is taken, 90% of all coral reefs are predicted to be extinct by 2050. Moreover, credible environmental reporting is supported by factual data. Nowadays, human activities and climate change are pushing these delicate ecosystems to the brink of collapse.