India Leads in AI-Driven Sustainability Initiatives, IBM Report Reveals

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IBM's State of Sustainability Readiness Report 2024 highlights India's leadership in AI-powered sustainability efforts, with 98% of Indian business leaders planning to increase IT investments for sustainability.

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India Emerges as a Leader in AI-Driven Sustainability

IBM's first-ever State of Sustainability Readiness Report 2024 has revealed that India is at the forefront of AI-powered sustainability initiatives. The report, conducted independently by Morning Consult and sponsored by IBM, surveyed 2,790 business leaders across 15 industries and 9 countries, including India

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Increased Investment in IT for Sustainability

A staggering 98% of Indian business leaders surveyed plan to increase investments in IT for sustainability over the next 12 months. This commitment is driven by the belief that such investments are crucial not only for environmental responsibility but also for long-term business resilience (61%) and brand reputation (64%)

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AI's Positive Impact on Sustainability Goals

The report highlights a widespread optimism regarding AI's potential in achieving sustainability goals. Globally, 9 out of 10 surveyed executives agree that AI will positively influence their sustainability objectives. In India, this sentiment is even stronger, with 96% of executives believing in AI's positive impact on sustainability goals

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Active Implementation of AI in Sustainability Efforts

Underscoring India's commitment to sustainable innovation, 64% of Indian companies are already actively using AI in their sustainability efforts. This proactive approach demonstrates the country's leadership in leveraging cutting-edge technology for environmental and business benefits

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Challenges and Drivers

While India is making significant strides in AI-driven sustainability, the report also identifies water usage as one of the top challenges specific to Indian companies. Brand reputation (64%) emerges as the primary driver of IT sustainability investment in India, followed closely by long-term business resilience (61%)

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Proactive Approach to Climate Resilience

The report reveals that 81% of Indian leaders adopt a proactive approach towards climate resilience. Additionally, 54% implement opportunity-driven sustainability investments, indicating a strategic view of sustainability as a business advantage

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Data-Driven Sustainability Tracking

A significant 79% of Indian leaders report having mature systems to track sustainability goals through data. This emphasis on data-driven decision-making aligns with the growing importance of AI and analytics in sustainability efforts

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IBM's Recommendations

Based on the findings, IBM recommends that organizations invest in AI tools tailored to their specific needs. For instance, generative AI can provide insights to reduce carbon emissions and create scenarios for more sustainable business practices. The report also emphasizes the importance of leveraging data analysis to bridge perception gaps between C-suite and lower-level decision-makers, ensuring alignment across the organization

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