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Status Not under consideration
Workspace IBM Envizi - ESG Suite
Categories Base Platform
Created by Guest
Created on Mar 8, 2024

RELATED IDEAS

Watsonx.data to store ESG data required for auditing purposes

All organizations reporting on ESG internally or externally are storing data into data warehouses which is expensive, but they are doing that because the organizations have data warehouses for other applications and its just easier to store compliance data to data warehouses. However, having a low-cost solution for storing compliance data is great for customers and having the ability to query that data through Envizi platform will smoothen the auditing process. 

Few of the customers mentioned that they have to rely on other teams to store and retrive data when required and sometimes it takes days or even weeks to access the data for auditing purposes. Having that data stored in watsonx.data and providing functionality for retrieval when required will bring down the costs and also increase efficiency for customers. 

Moreover, having this data in watsonx.data and summarizing this data will also enable Envizi to help create content for the sustainability report on which the sustainability teams spend days to create those reports. Mostly the content is similar to previous year's sustainability reports. 

Idea priority Low
Needed By Not sure -- Just thought it was cool
IBM Wide Managed Tags: Ideas Type: Sustainability_Software_Field
  • Post comment
  • Admin
    Stephen Foster
    Reply
    |     Jun 3, 2024

    Hi @Guest - I'm sorry but I don't understand the feature you're suggesting we build here? Are you suggesting that Envizi should rebuild its backend to align with watsonx.data? Or something else? And which data specifically are you referring to - is this environmental data, eg kWh of electricity, tonnes of CO2e, etc... or is this ESG policy data (eg, SRM data)?

    Perhaps you could provide a more concrete use case? Happy to discuss over slack if that's easier.

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