IBM Receives FedRAMP Authorization for its Envizi ESG Data Capture, Analysis and Reporting Solution

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IBM announced that its Envizi ESG Suite has received FedRAMP authorization, making it available to federal agencies through the FedRAMP Marketplace. The solution creates a single, trusted system for ESG data management, helping organizations automate data capture, analysis, and reporting.

With the federal government managing over 300,000 buildings, 4 million employees, and $700 billion in annual purchases, this authorization comes at a important time as agencies face increasing pressure for transparent ESG reporting. The Envizi suite aims to address challenges like poor data quality and fragmentation by automating collection processes and streamlining reporting workflows.

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 

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SOURCE IBM

FAQ

What is IBM Envizi ESG Suite's recent FedRAMP authorization status?

IBM Envizi ESG Suite received FedRAMP authorization on October 24, 2024, making it available to federal agencies through the FedRAMP Marketplace in Analytics and Data Management categories.

How does IBM Envizi ESG Suite help federal agencies manage ESG data?

IBM Envizi ESG Suite automates ESG data capture and management, minimizes errors, reduces data sorting time, and provides actionable insights through streamlined analysis and reporting processes.

What is the scope of federal ESG management that IBM Envizi can support?

IBM Envizi can support ESG management across the federal government's 300,000 buildings, 4 million employees, 640 million acres of public land, and $700 billion in annual purchases.

What ESG reporting challenges does IBM Envizi address for federal agencies?

IBM Envizi addresses challenges including poor data quality, data fragmentation, complexity, and changing reporting regulations by providing automated data collection and streamlined reporting solutions.