NTT Introduces Sustainability as a Service to Assist Organisations in Achieving Net-Zero Goals
NTT Ltd., a global leader in IT infrastructure and services, unveiled its full-stack Net-Zero Action offering at the Mobile World Congress 2022 (MWC) in Las Vegas, Nevada.
This climate-focused solution makes use of NTT's broad infrastructure and service capabilities to assist clients in reducing the environmental impact of their business activities. Climate initiatives are at the forefront of organisations' minds as they strive to increase sustainability activities that will help them achieve net-zero targets and make data-driven decisions to decrease their carbon footprint.
This innovative offering will assist clients in increasing economic performance through enhanced climate action, such as measuring, monitoring, and reporting impact, working proactively to limit climate incidents, and improving response times when issues are detected.
Devin Yaung, Group Senior Vice President of Enterprise IoT Products and Services at NTT Ltd, said:
"We are very excited to launch the industry’s first full-stack Sustainability as a Service offering at a time when industries are looking for effective ways to make good on their commitments to achieving net-zero goals. Today’s news reinforces NTT’s commitment to helping organisations proactively limit climate incidents, respond in real-time with automated resolutions, and accurately measure their environmental impact in communications with regulators, employees and other stakeholders.”
Companies are increasingly being held accountable for meeting net-zero targets to meet the expectations of their stakeholders, which include clients, shareholders, institutional investors, employees, business partners, and communities.
According to a recent survey, 58% of Fortune 500 companies intend to cut greenhouse gas emissions and reach net-zero targets by 2050 or sooner. Those that commit to these goals frequently face additional problems such as being under-resourced and under-funded or being unable to regularly collect accurate data fit for purpose. Furthermore, McKinsey estimates that achieving 2050 goals will necessitate $9.2 trillion in aggregate annual capital expenditure.
NTT has introduced the industry's first full-stack Sustainability as a Service architecture, combining extensible technologies employing NTT's solution building blocks such as IoT, Private 5G, Edge Compute, NTT Smart Solutions Platform, Digital Twins, and Machine Learning products. The full-stack offering, with its consulting service, is intended to be customised based on net-zero goals, and the organisation's and supply chain's carbon footprint.
It will assist organisations in developing a comprehensive picture of the status of climate goals by facilitating emission monitoring, measurement, and reporting. It will also reduce incident response times to get to the bottom of a problem. All of this applies to industries such as manufacturing, transportation and logistics, and healthcare providers.
The full-stack sustainability offering includes:
Remote Environmental Monitoring: Using NTT’s IoT for sustainability solution, this technology uses sensors to identify the presence of pollutants in the air, water, and plants across the globe, in real-time. In manufacturing, this can assist with measuring processes and products that consume energy. In the transportation industry, this can monitor greenhouse gas emissions more effectively for fleet management.
Digital Twin and Smart Solution: This solution uses a combination of NTT Smart Solutions and Digital Twin capabilities which act as the “brain” of the system. This will help organisations to predict issues with the built-in Machine Learning technology, respond to incidents faster with context from Digital Twin and measure the carbon footprint at a granular, actionable level, in real-time.
Automation and Orchestration: Leveraging the existing A&O, the Digital Twin automates problem resolution where possible or creates a ticket for support personnel to investigate and address the issue and thus limit greenhouse impact.
Nizar Trigui, chief technology officer and group president, Bridgestone America, said:
"As a global leader in tire and rubber manufacturing, we believe that growth, innovation and sustainability go hand in hand. Having real-time visibility into carbon footprint and progress towards net-zero ambitions is an essential foundation of our growth and innovation agenda.”