ARMONK,
N.Y., April 24, 2023 /PRNewswire/ -- IBM (NYSE:
IBM) announced today that it is collaborating with the New York
Stock Exchange (NYSE), part of Intercontinental Exchange, Inc.
(NYSE: ICE), a leading global provider of data, technology, and
market infrastructure, to help support NYSE-listed companies with
their environmental, social, and governance (ESG) efforts.
Many businesses are experiencing continued and growing interest
from across their stakeholders to be transparent and accountable
for reporting on their progress against environmental commitments,
their ESG disclosures, and managing climate-related financial
risks. In fact, data from the 2022 IBM Institute for Business Value
CEO study1 shows that CEOs are receiving the greatest
demands for transparency around sustainability from board members
(72%) and investors (57%). At the same time, the study found that
44% of CEOs surveyed cited a lack of insights from their data as a
top obstacle to achieving their sustainability objectives, and more
than a third (35%) named technological barriers as a key
challenge.
To help address these needs, this new initiative will offer
qualified NYSE-listed companies promotional pricing during a select
period for first-time purchases of IBM Envizi ESG Suite. Envizi can
help NYSE-listed companies to:
- Automate the collection and consolidation of ESG data and the
calculation of GHG emissions,
- Streamline ESG reporting to support compliance and reporting
requirements,
- Leverage data insights and integrations with operational
systems to help drive sustainability performance across the
organization.
"The New York Stock Exchange is pleased to collaborate with IBM,
a longtime member of the NYSE community, to help our listed
companies with the critical tasks of gathering and reporting
sustainability data," said Michael
Harris, Global Head of Capital Markets, NYSE. "NYSE-listed
companies are at the forefront of corporate sustainability efforts
around the world and IBM's Envizi ESG Suite can provide them with
innovative, cloud-based tools to help further enhance their
programs in this area."
"We are seeing that sustainability efforts can be increasingly
important in attracting investment capital and even top talent,"
said Christina Shim, Vice President, Global Head of Product
Management & Strategy, IBM Sustainability Software. "This new
initiative helps NYSE-listed companies access IBM sustainability
software that can help automate the collection, analysis, and
reporting of ESG data. This lets business leaders focus on taking
strategic steps toward their goals, instead of spending valuable
time simply trying to uncover this data."
Also, IBM Envizi ESG Suite will be listed on the NYSE's ESG
Resource Center for NYSE-listed companies and included in
planned thought-leadership events, podcasts, webinars and more. To
learn more about this collaboration, visit www.IBM.com/envizi.
IBM Sustainability solutions provide technology and consulting
capabilities that can help companies turn sustainability ambition
into action. By harnessing the power of data and operationalizing
sustainability efforts across critical business functions,
organizations can make smarter, more sustainable decisions every
day. To learn more about IBM Sustainability solutions, visit:
www.ibm.com/sustainability. To learn more about "Embedding ESG
Data to Operationalize Decisions," visit:
https://www.ibm.com/resources/sustainability/verdantix-report.
About IBM
IBM is a leading provider of global hybrid cloud and AI, and
consulting expertise. We help clients in more than 175 countries
capitalize on insights from their data, streamline business
processes, reduce costs and gain the competitive edge in their
industries. More than 4,000 government and corporate entities in
critical infrastructure areas such as financial services,
telecommunications and healthcare rely on IBM's hybrid cloud
platform and Red Hat OpenShift to effect their digital
transformations quickly, efficiently and securely. IBM's
breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and consulting deliver open and
flexible options to our clients. All of this is backed by IBM's
legendary commitment to trust, transparency, responsibility,
inclusivity and service.
Visit www.ibm.com for more information.
1 Own your Impact: Practical Pathways to
Transformational Sustainability (May 10,
2022)
Contact
Michael Rettig
mrettig@ibm.com
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SOURCE IBM