India is rising as a worldwide chief in AI-powered sustainability. In line with IBM’s first-ever State of Sustainability Readiness Report, 98 p.c of Indian enterprise leaders surveyed plan to extend investments in IT for sustainability over the following 12 months. The analysis highlights that almost all of Indian respondents view investments in IT as important not just for environmental duty but in addition to drive long-term enterprise resilience (61 p.c) and model status (64 p.c).

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“As sustainability turns into central to enterprise progress methods, AI is proving to be a game-changer in driving accountable progress,” stated Sandip Patel, Managing Director of IBM India/South Asia, in a press release on November 28.

“At this time, India stands out as a frontrunner in AI-driven sustainability. Enterprise leaders throughout the nation view sustainability as a strategic lever for transformation, and IBM is advancing AI options to assist speed up their sustainability objectives,” Patel added.

AI for Sustainability

Nearly universally, respondents had a constructive tackle AI’s potential for sustainability: 9 out of 10 surveyed executives globally agree that AI will positively affect reaching their sustainability objectives. In line, most Indian executives (96 p.c) consider that AI can positively influence their sustainability objectives. Underscoring India’s dedication to sustainable innovation, most enterprise leaders are already leveraging the facility of AI, with 64 p.c of Indian corporations actively utilizing AI of their sustainability efforts, the report stated.

Challenges and drivers

The report additionally highlights water utilization as one of many high challenges particular to Indian corporations. Model status (64 p.c) is the highest driver of IT sustainability funding at corporations in India, adopted by long-term enterprise resilience (61 p.c).

Whereas 81 p.c of Indian leaders undertake a proactive method in direction of Local weather Resilience, 54 p.c implement opportunity-driven sustainability investments. Additional, 79 p.c of Indian leaders report having mature programs to trace sustainability objectives by information.

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IBM’s Suggestions

The report calls on companies to put money into AI instruments tailor-made to sustainability and enhance information visibility throughout organisational ranges to bridge notion gaps.

Survey

The State of Sustainability Readiness 2024 report was performed independently by Morning Seek the advice of and sponsored, analysed and revealed by IBM. The survey, performed between April and Might 2024, included 2,790 enterprise leaders and decision-makers throughout 15 industries and 9 international locations, together with India.