article thumbnail

Sustainability trends: 5 issues to watch in 2024

IBM Services

Many countries have committed to reaching net zero by 2050, aligning with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius. And they could drive economic gains: Research shows markets for carbon-neutral goods and services may be worth $10.3 trillion to the global economy by 2050.

article thumbnail

Why is a renewable energy sourcing strategy essential on your path towards net zero?

Capgemini

Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Notably, solar and wind power are already cheaper than conventional sources in almost all regions.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Renewable energy in action: Examples and use cases for fueling the future

IBM Services

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. Biomass is sometimes considered a source of renewable energy. trillion in 2023.

Sourcing 102
article thumbnail

IBM and Microsoft partnership accelerates sustainable cloud modernization

IBM Services

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum. Currently, data centers are a significant source of organizations’ energy usage and carbon emissions.

article thumbnail

Where Sustainability Unites: Climate Week NYC, UNGA, and CGI | Blog

Everest Group

The week-long event from September 17-24 focused on accelerating action to achieve net zero emissions by 2050 and building a more just and equitable society. Everest Group shared the industry’s progress on its 2022 commitment to grow the impact sourcing market to half a million people in three years.

article thumbnail

Energy Systems of the Future

Infosys Consulting

Setting the stage for the conversation is the fact that: Energy Information Administration (EIA) projects there will be a demand for 50% more energy by 2050 based on today’s forecast. Transition to more efficient hydrocarbon sources and nuclear energy sources will also have a role.

article thumbnail

Getting ready for artificial general intelligence with examples

IBM Services

A world where computer minds pilot self-driving cars, delve into complex scientific research, provide personalized customer service and even explore the unknown. On a smaller scale, some organizations are reallocating gen AI budgets towards headcount savings, particularly in customer service.