IBM (NYSE: IBM) is collaborating with the New York Stock Exchange (NYSE), part of Intercontinental Exchange, Inc. (NYSE: ICE), in a new endeavor to help support NYSE-listed companies with their environmental, social, and governance (ESG) efforts.
This new endeavor will offer qualified NYSE-listed companies promotional pricing during a select period for first-time purchases of IBM Envizi ESG Suite, which is designed to automate the collection and consolidation of ESG data and the calculation of GHG emissions while streamlining ESG reporting to support compliance and reporting requirements. With the system, IBM said companies will be able to leverage data insights and integrations while driving sustainability performance across their organizations.
IBM Envizi ESG Suite will be listed on the NYSE’s ESG Resource Center for NYSE-listed companies and included in planned thought-leadership events, podcasts and webinars.
“We are seeing that sustainability efforts can be increasingly important in attracting investment capital and even top talent,” said Christina Shim, vice president and global head of product management and strategy at Armonk-based IBM Sustainability Software. “This new initiative helps NYSE-listed companies access IBM sustainability software that can help automate the collection, analysis, and reporting of ESG data. This lets business leaders focus on taking strategic steps toward their goals, instead of spending valuable time simply trying to uncover this data.”