An expanded relationship between Deloitte and IBM integrates IBM's ESG Suite with Deloitte's GreenLight Solution. This partnership is aimed at providing innovative solutions to facilitate business sustainability.
Delving into the history of this symbiotic business relationship, one finds longstanding ties. A press release by IBM states that Deloitte and IBM have been partnering for nearly 25 years. The alliance equips clients with an innovative culture suited to the modern market, while IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. They help clients in over 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. IBM's hybrid cloud platform and Red Hat OpenShift are used by over 4,000 government and corporate entities in critical infrastructure areas. Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies.
Moving on to the focal point of this collaboration, According to the press release, the partnership aims to develop a global collaboration to accelerate emissions reduction strategies and integrate sustainability programs into core business operations. The collaboration allows clients to use IBM's Envizi ESG Suite and Deloitte's GreenLight Solution to improve sustainability performance, analyze global credits, and optimize net-zero goals. IBM Envizi helps companies consolidate ESG data conduct greenhouse gas emissions calculations, provide data-driven insights for decarbonization projects. The collaboration aims to help clients reduce emissions enhance decarbonization operations develop new business models.
In order to elucidate further on this initiative, "The climate crisis requires urgent action, yet organizations are struggling to get data-driven insights that would enable them to think more strategically and make the right decisions," said Marcus Goetz, partner and global sustainability and climate technology marketplace leader, Deloitte GmbH. "Through integration of IBM’s Envizi with Deloitte’s GreenLight Solution, organizations can leverage their existing investments in IBM solutions to rapidly access the data needed enhance insights better understand their options for accelerated action toward their climate and sustainability goals."
