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Corporations around the world are increasingly focused on sustainability and implementing strategies for achieving net-zero emissions in greenhouse gases (GHG) by 2050 or sooner. To stop global warming and the impacts of climate change, we need to reduce the 51 billion tons of carbon emitted into the atmosphere annually down to zero, and limit global temperature rise to 1.5 degrees Celsius.
Urgent action is needed across industries, but especially in those sectors that contribute the most to global carbon emissions:
- Industrial (steel, cement, plastic) – 31%
- Energy and Electricity (coal, oil, gas) – 27%
- Farming (crops, plants and animals) – 19%
- Transportation (airplanes, cars, trucks and ships) – 16%
- Heating and Cooling (air conditioning, refrigeration) – 7%
A sustainability strategy with prioritized initiatives for low-carbon manufacturing, energy efficiency, clean electricity production and use, fleet electrification, smart infrastructure and buildings, sustainable supply chains and circularity can help companies operating in these sectors accelerate their journey to net zero.
Learn how innovative companies and individuals use blockchain for social good
Sector leaders are leveraging technology innovation like AI, blockchain and cloud to reach sustainability milestones faster and drive real breakthroughs for their businesses and industries.
For example, Mitsubishi Heavy Industries and IBM are partnering to develop CO2NNEXTM, a digital platform that aims to advance the transition to a new society in which emitted CO2 is utilized as an industrial input. The platform helps visualize and strengthen the CO2 supply chain using blockchain and AI. Today, data about how CO2 is captured, used, and stored is only visible at each individual step in the process. CO2NNEX will link and visualize the data, provide traceability, and match CO2 emitters with companies that can use it, providing supply for new applications in industries like agriculture and alternative e-fuel.
Shell and IBM are capitalizing on similarities in the energy and mining value chains to expand access to sustainability innovation. Together, they have co-created OREN, the first digital B2B marketplace for the mining and industrial sectors. The idea is to help solve common customer challenges around data aggregation, energy transition and the adoption of emerging technologies to accelerate digital and sustainability transformation. OREN gives mining companies a one-stop-shop for proven digital solutions for safety, sustainability, mine planning and operational efficiency from a trusted ecosystem of solutions providers.
IBM continues to seek and develop global partnerships to collaborate on innovative ways of digitalizing decarbonization. We believe that together, we can accelerate the journey towards net zero.
Read other sustainability innovation stories and learn more about IBM sustainability solutions by visiting, the IBM sustainability solutions page.
Read the original article, published July 16, 2021 on the IBM Business Operations blog.
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Companies world wide are more and more centered on sustainability and implementing methods for reaching net-zero emissions in greenhouse gases (GHG) by 2050 or sooner. To cease world warming and the impacts of local weather change, we have to cut back the 51 billion tons of carbon emitted into the environment yearly all the way down to zero, and restrict world temperature rise to 1.5 levels Celsius.
Pressing motion is required throughout industries, however particularly in these sectors that contribute essentially the most to world carbon emissions:
- Industrial (metal, cement, plastic) – 31%
- Vitality and Electrical energy (coal, oil, fuel) – 27%
- Farming (crops, crops and animals) – 19%
- Transportation (airplanes, automobiles, vehicles and ships) – 16%
- Heating and Cooling (air con, refrigeration) – 7%
A sustainability technique with prioritized initiatives for low-carbon manufacturing, power effectivity, clear electrical energy manufacturing and use, fleet electrification, good infrastructure and buildings, sustainable provide chains and circularity may help firms working in these sectors speed up their journey to internet zero.
Learn the way revolutionary firms and people use blockchain for social good
Sector leaders are leveraging expertise innovation like AI, blockchain and cloud to achieve sustainability milestones sooner and drive actual breakthroughs for his or her companies and industries.
For instance, Mitsubishi Heavy Industries and IBM are partnering to develop CO2NNEXTM, a digital platform that goals to advance the transition to a brand new society by which emitted CO2 is utilized as an industrial enter. The platform helps visualize and strengthen the CO2 provide chain utilizing blockchain and AI. At present, information about how CO2 is captured, used, and saved is simply seen at every particular person step within the course of. CO2NNEX will hyperlink and visualize the information, present traceability, and match CO2 emitters with firms that may use it, offering provide for brand new functions in industries like agriculture and different e-fuel.
Shell and IBM are capitalizing on similarities within the power and mining worth chains to broaden entry to sustainability innovation. Collectively, they’ve co-created OREN, the primary digital B2B market for the mining and industrial sectors. The thought is to assist resolve frequent buyer challenges round information aggregation, power transition and the adoption of rising applied sciences to speed up digital and sustainability transformation. OREN provides mining firms a one-stop-shop for confirmed digital options for security, sustainability, mine planning and operational effectivity from a trusted ecosystem of options suppliers.
IBM continues to hunt and develop world partnerships to collaborate on revolutionary methods of digitalizing decarbonization. We imagine that collectively, we will speed up the journey in the direction of internet zero.
Learn different sustainability innovation tales and be taught extra about IBM sustainability options by visiting, the IBM sustainability options web page.
Learn the unique article, revealed July 16, 2021 on the IBM Enterprise Operations weblog.
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Be part of blockchain innovators who’re remodeling industries world wide. Let’s put good to work.
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