IBM: Embedding Our Net Zero Goal in Our Business Operations Using AI [Yahoo! Finance]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: Yahoo! Finance
IBM has set a target of reaching operational net zero GHG emissions by 2030 with 350,000 metric tons or less of residual CO2 emissions. This requires that we reduce our current operational emissions as much as possible through energy conservation - increasing operational efficiency and energy conservation and reducing energy consumption. One of the key challenges is data. In sustainability, it's a popular saying that you can't manage what you don't measure. Jimmy McDonough, Global Energy Manager at IBM Global Real Estate, knows the key to address this - artificial intelligence (AI) powered tools. In 2023, AI allowed Jimmy and other teams at IBM to capture and analyze IBM's energy data within a single, auditable tool across a portfolio of over 600 locations. With this, the company can pull reports and filter by location, geography, and utility, among others, to understand where energy consumption is highest, where there are unexpected changes in energy, and where the company has t
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