Microsoft Integrates AI for ESG Reporting

Published on:
by KnowESG
KnowESG_Microsoft Integrates AI for ESG Reporting | AI use in sustainability
Image courtesy of https://www.majorel.com/

Microsoft has enhanced its Cloud for Sustainability offering with new data and artificial intelligence (AI) capabilities aimed at assisting customers in measuring, reducing, and reporting their environmental impacts.

Within Microsoft Fabric, the cloud hyperscaler's software-as-a-service (SAAS) analytics platform, sustainability-focused data services have been introduced, along with a version of the Copilot AI tool and an AI model tailored for the Microsoft Sustainability Manager platform.

Microsoft Fabric acts as a centralised hub for enterprise data from various sources, providing a valuable resource for innovative enterprises seeking to leverage AI effectively.

The updated features in Microsoft Fabric enable organisations to analyse and report on large volumes of environmental and social data, facilitating actionable insights.

Satish Thomas, Microsoft's corporate VP of industry clouds, highlights that customers can accelerate their sustainability progress through out-of-the-box ESG and biodiversity data models, connectors, and reporting capabilities.

In tandem with these developments, Microsoft is integrating AI more closely with its Sustainability Manager platform. Copilot assists leadership teams and chief sustainability officers (CSOs) in drafting ESG reports, creating tables, and synthesising data to meet reporting requirements, such as those outlined in the Corporate Sustainability Reporting Directive (CSRD) from the EU.

Thomas stresses the importance of human oversight in conjunction with AI insights to ensure accuracy and compliance with regulatory standards.

READ MORE: AI and ESG: One ChatGPT Prompt Uses Half a Litre of Drinking Water

Intelligent Insights, a new AI model within Microsoft Sustainability Manager, enables thorough analysis of emissions data, identification of emission reduction opportunities, and data-driven decision-making.

This AI model helps organisations identify both short- and long-term reduction opportunities based on historical trends, seasonality, and anomalies in the data, offering critical support for manual ESG data management.

The AI insights model can uncover trends and correlations, such as facilities transitioning to renewable energy, aiding in strategic decision-making.

While initially focused on carbon emissions, Microsoft Sustainability Manager now has water and waste management, providing a comprehensive view of an organisation's sustainability impact.

Real-world examples, such as Södra and Allegiant Stadium, demonstrate the practical benefits of Microsoft's AI-driven sustainability tools. Södra uses Microsoft Cloud for Sustainability to empower its employees with actionable insights from ESG data, while Allegiant Stadium leverages Microsoft Sustainability Manager to enhance energy efficiency and overall sustainability efforts.

For more technology news

Discover an extensive network of ESG providers here

Source: SDxCentral

Share:
esg
esg
esg
esg

Tech Headlines

AI and ESG: A ChatGPT Prompt May Use Half a Litre of Drinking Water

AI and ESG: A ChatGPT Prompt May Use Half a Litre of Drinking Water

SLB’s New Carbon Storage Solutions Speed Up Decarbonisation

SLB’s New Carbon Storage Solutions Speed Up Decarbonisation

The Shift from Liquid to Dry Cooling in a Warming World

Workday Paves the Way for Greener Mining with ESG Tech

IntelChain Eyes Carbon Credit Revolution with AI-Blockchain Boost

Google Affiliate to Build Massive AI Data Campus in West Memphis

Smart Farming: How AI Tools Are Changing African Agriculture

UN: AI Fuelled 150% Rise in Tech Giants’ Data Centre Emissions

East Midlands Airport’s 60+ Vehicles Now Use Renewable Fuel

AI-Powered Sustainability: PwC’s New Tool Changes the Game for CSRD