C3 AI Announces Partnership with ESG Book to Combine C3 AI’s Leading ESG Software with ESG Book’s Comprehensive Sustainability Data
Collaboration will make ESG Book’s comprehensive sustainability data available to sustainability teams utilizing the C3 AI ESG application
REDWOOD CITY, Calif., NEW YORK, N.Y., and LONDON, U.K. — October 4, 2023 – C3 AI (NYSE: AI), the Enterprise AI application software company, today announced a new partnership with ESG Book, a global leader in sustainability data. This collaboration combines C3 AI’s leading AI-enabled ESG application with ESG Book’s extensive sustainability datasets, providing enterprise ESG teams with powerful new data-driven analytical capabilities.
"Leaders using C3 AI ESG are transforming how they manage ESG strategy and performance with AI insights that reveal new avenues of significant opportunity for value creation—including identifying when a long-term emissions plan is off track or when emerging stakeholder priorities such as biodiversity gain traction," said Ed Abbo, President and CTO at C3 AI.
"By combining the power of our AI models with ESG Book’s global datasets, our customers can set and meet ambitious ESG goals with confidence."
Challenges in ESG Data Management
Companies today face significant hurdles in identifying risks and opportunities to improve ESG performance. These challenges arise due to:
- Highly fragmented data sources
- Evolving stakeholder expectations
- Rapidly changing regulatory reporting requirements
Sustainability teams often spend considerable time navigating multiple documents and disparate data sources to gather critical insights for timely decision-making.
Launched in 2022, C3 AI ESG provides an end-to-end AI-enabled enterprise solution that helps sustainability teams:
- Efficiently gather, manage, and analyze ESG data
- Automate ESG reporting and risk mitigation
- Identify opportunities for sustainability growth
- Execute sustainability plans to meet ESG goals
Dr. Daniel Klier, CEO of ESG Book, commented:
"Driven by fast-changing market requirements and global regulations, demand for rapidly accessible, transparent ESG data is increasing worldwide. Through this exciting new partnership, combining ESG Book’s next-generation sustainability data with C3 AI’s world-leading generative AI offerings, customers will be able to accelerate their ESG goals and enhance their sustainability decision-making."
Market demand for high-quality, granular ESG and climate data continues to grow, with over 90% of executives expecting to increase their ESG data investments this year, according to a recent Bloomberg survey.
For more information:
About ESG Book
ESG Book is a global leader in sustainability data and technology. Combining market-leading sustainability and climate data with an ESG disclosure platform that provides access to almost 200,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based sustainability dashboard is used by the world’s largest companies and consultants for ESG performance management, peer benchmarking, and regulatory compliance. ESG Book serves over 100 institutional clients globally including Bloomberg, BNY Mellon, Citi, Dow Jones, HSBC, Glass Lewis, JP Morgan, Google, and Nikkei.
For more information, visit esgbook.com
