The IBM Environmental Intelligence Suite is a SaaS product that combines weather, climate, and operational data and environmental performance management into a single solution. It also addresses the World Economic Forum’s top three most likely risks for businesses over the next decade.
The suite helps companies prepare for, and respond to, climate-related damage to assets, disruptions to supply chains and operations, and increasing expectations from consumers and investors to perform as an environmental leader.
The suite also aids companies in assessing their own impact on the planet and reduces the complexity of regulatory compliance and reporting.
Current methods to address these challenges are often cumbersome, complex, and manual, and require climate and data science skills.
IBM's new suite is the first to bring together artificial intelligence, weather data, climate risk analytics, and carbon accounting capabilities in this way. The end result is organisations can spend less time curating data and more on analysing it for actionable insights.
Some uses of IBM Environmental Intelligence Suite include:
- monitor for disruptive environmental conditions such as severe weather, wildfires, flooding, and air quality and send alerts when detected
- predict potential impacts of climate change and weather across the business using climate risk analytics
- gain insights into potential operational disruptions and prioritize mitigation and response efforts
- measure and report on environmental initiatives and operationalise carbon accounting, while reducing the burden of this reporting on procurement and operations teams.
The suite delivers environmental insights via APIs, dashboards, maps, and alerts which aid companies to address immediate operational challenges as well as longer-term planning and strategies.
For example, the suite can help retailers prepare for severe weather-related shipping and inventory disruptions, or factor environmental risks into future warehouse locations; energy and utility companies to determine where to trim vegetation around power lines or which of their critical assets may soon be at greater risk from wildfires due to climate change. Or the suite could be used to help supermarkets get a clearer picture of how refrigeration systems are contributing to their overall greenhouse gas emissions and prioritise locations for improvement.
“The future of business and the environment are deeply intertwined. Not only are companies coping with the effects of extreme weather disruptions on their operations, they’re also being held increasingly accountable by shareholders and regulators for how their operations impact the planet,” said Dr Kareem Yusuf, general manager, IBM AI applications. “IBM is bringing together the power of AI and hybrid cloud to provide businesses with environmental intelligence designed to help them improve environmental performance and reporting, create more efficient business operations to reduce resource consumption, and plan for resiliency in the face of climate disruptions.”
The Environmental Intelligence Suite can be integrated with IBM’s broader software portfolio for additional efficiencies across business operations – including IBM Maximo Application Suite to help companies protect and extend the lifecycle of their critical assets and IBM Supply Chain Intelligence Suite to help build more sustainable and resilient supply chains.
You can read more about IBM's work in sustainability online.