IBM less waste , but actually be more circular and regenerative in our day-to-day activities .”
Circularity is a key part of the research and development IBM Consulting is concentrating on . The concept focuses on business accountability , from production , to supply chains to the customer , and then to the recycling of products once they have been discarded . This is key in circumventing the ‘ throwaway ’ nature of the current industrial business systems that sees millions of tonnes of waste being dumped into the environment rather than managed sustainably .
Sustainable finance and ESG But the definition of sustainable finance and its place within ESG isn ’ t always immediately clear . This is , in fact , a point that Thompson is keen to clarify .
“ Sustainable Finance is really an umbrella regarding embedding ESG into any of the decision making and insights . At IBM , we also provide data curation accelerators to support the embedding of ESG into decision flows . Indeed , we also provide analytical suites regarding big data and new data sets that organisations might not necessarily have to date , for example whether its measuring biomass in nature , or societal impacts and related ecosystem services .
“ We actually provide that as an end-toend data stream so that when you actually want to create new value add or products for your own services or for your own clientele , you can then also containerise them , easing consumability accordingly .”
“ Our Consulting Sustainability Services approach also enables clients to co-innovate
fintechmagazine . com 59