Reduce Carbon and Costs with the Power of AI
January 26, 2021
By Charlotte Degot, Sylvain Duranton, Michel Frédeau, and Rich Hutchinson
The pressure on businesses to respond to the threat of global warming is growing. Consumers, regulators, and investors alike are increasingly scrutinizing the climate impact of companies in every industry. In his January 2020 letter to CEOs, for example, Larry Fink, chairman and CEO of BlackRock, the world’s largest asset manager, put companies on notice that investors—among other stakeholders—now expect full disclosure of companies’ performance on a range of environmental, social, and governance factors.
But it’s one thing for companies to pay lip service to the need to reduce their greenhouse gas (GHG) emissions. Taking concrete measures to make a difference, especially in today’s pandemic-driven economic climate, is another matter entirely. The difficulty and expense of measuring the full extent of their carbon emissions, and then reducing or offsetting them, has forced many companies to delay the effort.
https://www.bcg.com/publications/2021/ai-to-reduce-carbon-emissions
