WASHINGTON, Oct. 24,
2024 /PRNewswire/ -- IBM (NYSE: IBM) today
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 new reporting frameworks like the Securities and
Exchange Commission's (SEC) for climate disclosures 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. By automating ESG data collection and
analysis and providing a solution to help streamline the reporting
process, IBM Envizi is designed to help agencies begin to overcome
these obstacles by minimizing errors, reducing time spent sorting
through data, and providing the data insights that can turn into
actionable strategies.
"ESG has an impact on government and government has an impact on
our broader society and citizens," said Vanessa Hunt, General Manager, Technology, U.S.
Federal Market for IBM. "When considering the federal government's
size and scale, there's an opportunity for agencies to lead by
example. Now that our Envizi ESG Suite has received FedRAMP
authorization, federal agencies can take advantage of its
capabilities with the confidence that their ESG data are secured
and protected."
About IBM
IBM is a leading provider of global hybrid
cloud and AI, and consulting expertise. We help clients in more
than 175 countries capitalize on insights from their data,
streamline business processes, reduce costs and gain the
competitive edge in their industries. Thousands of government and
corporate entities in critical infrastructure areas such as
financial services, telecommunications and healthcare rely on IBM's
hybrid cloud platform and Red Hat OpenShift to affect their digital
transformations quickly, efficiently and securely. IBM's
breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and consulting deliver open and
flexible options to our clients. All of this is backed by IBM's
long-standing commitment to trust, transparency, responsibility,
inclusivity and service.
Media contact
Banks Willis
banks.willis@ibm.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ibm-receives-fedramp-authorization-for-its-envizi-esg-data-capture-analysis-and-reporting-solution-302285215.html
SOURCE IBM