IBM announced the launch, in preview, of its new IBM Envizi Emissions API, a new tool aimed at enabling organizations to integrate greenhouse gas (GHG) calculations into the data tools that they currently use or are developing.

The new solution forms part of IBM’s ESG data platform, the Envizi ESG Suite. IBM acquired Envizi in 2022, as part of its efforts to enhance its AI-powered ESG solutions capabilities. The company has added to the platform since the acquisition, including supply chain emissions data and analysis and CSRD sustainability reporting capabilities.

According to IBM, the new solution is targeted at sustainability managers and enterprise teams who wish to continue using spreadsheets for their emissions calculations, as well as at software vendors building their own solutions, addressing issues faced by each, including challenges related to manual spreadsheets and inconsistent emissions datasets, as well as the high cost and complexity of building emissions engines from scratch.

IBM said that the new Envizi Emissions API incorporates a library of more than 140,000 globally recognized emission datasets, and ensures factor sets are up to date and transparent, and provides the ability to select emission datasets from a range of global and regional sources to support protocol-aligned calculations.

In a post announcing the preview of the new solution, Kendra DeKeyrel VP, Asset Lifecycle Management Product and Engineering at IBM, said:

“IBM’s Envizi Emissions API empowers organizations to make sustainability part of everyday decision-making.”

Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.