IBM Receives FedRAMP Authorization for its Envizi ESG Data Capture, Analysis and Reporting Solution
IBM News, Thursday, October 24th, 2024
IBM announced that its Envizi environmental, social, and governance (ESG) Suite received Federal Risk and Authorization Management Program (FedRAMP) authorization.
Designed to create a single, trusted system of record for all ESG data, the IBM Envizi ESG Suite helps organizations automate the capture and management of ESG data for enhanced analysis, reporting and opportunity identification. IBM Envizi is available to federal agencies on the FedRAMP Marketplace in the Analytics and Data Management business categories.
With more than 300,000 buildings, four million employees, 640 million acres of public land, and $700 billion in annual purchases of goods and services, the federal government's role in championing ESG principles continues to expand.
While potential new reporting frameworks are prompting agencies to be more diligent and transparent in how they collect, analyze and report ESG data, obstacles like poor data quality, data fragmentation and complexity, alongside ever-changing reporting regulations, could make measuring progress and reporting outcomes a challenge.