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CO2 AI by BCG: AI for Sustainability

  • Writer: Sana
    Sana
  • Apr 12, 2022
  • 2 min read

BCG’s artificial intelligence solution, CO2 AI by BCG, enables organizations to measure, simulate, reduce and track their environmental footprint at scale and to collaborate across the supply chain. AI-enabled platform allows all members of a company’s ecosystem to exchange product-level data thereby empowering organizations to compute their own carbon footprint.


Why is there a need to know carbon footprints of activities within the organisation?

According to a report by CDP in collaboration with BCG, a company’s supply chain generates 11.4 times more emissions, on average, than direct operations, but wil produce few, if companies assess their impact at such a comprehensive level.


They also found that just 9% companies currently measure emissions comprehensively—and the estimated error rate in emissions measurements is 30% to 40%.



How do they leverage AI for better emission tracking within the organisation?


1. The CO2 AI Product Ecosystem allows users to request, exchange, and audit product-level emission data from all of their suppliers in one platform.


2. The platform guarantees safe data exchange and data privacy


3. They use artificial intelligence to ensure granular product-level data exchange.


What types of emissions are measured?

BCG accurately measures emissions directly produced by the company's own activities (Scopes 1 and 2) but it also quantifies the more difficult-to-measure, indirect emissions produced along the company's entire value chain (Scope 3).


What are features of this software?

The features to support AI for sustainability and decision making throughout the net-zero journey are:

  • Footprint Explorer. Offers an accurate baseline of the company’s current environmental footprint.

  • Roadmap Designer. Empowers leaders to set appropriate targets, create a clear roadmap, and prioritize emission reduction initiatives.

  • Simulator. Simulates the potential impact of abatement activities and automatically recommends the best abatement options.

  • Initiative Tracker. Tracks ongoing initiatives, monitors impact at a glance, and instantly provides progress updates.

What are the advantages of this software?






 
 
 

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