{"id":113942,"date":"2024-01-16T08:00:00","date_gmt":"2024-01-16T16:00:00","guid":{"rendered":""},"modified":"2025-04-10T17:23:56","modified_gmt":"2025-04-11T00:23:56","slug":"cop28-expediting-sustainability-progress-and-growth-with-innovation-and-partnership","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/sustainability\/2024\/01\/16\/cop28-expediting-sustainability-progress-and-growth-with-innovation-and-partnership\/","title":{"rendered":"COP28: Expediting sustainability progress and growth with innovation and partnership"},"content":{"rendered":"\n

With COP28 2023<\/a> behind us and a sweeping energy transition<\/a> on the horizon, I want to take a moment to reflect on the promising opportunities ahead. Many of my conversations at COP28 emphasized three ways that we can drive business growth alongside sustainability progress<\/a>\u2014that\u2019s through AI innovation, by harnessing environmental, social, and governance (ESG) data to deliver actionable intelligence, and by collaborating across industries and sectors. I left Dubai with fresh optimism about the eagerness of business and public sector leaders to lean in and open amazing new channels.<\/p>\n\n\n

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Microsoft Cloud for Sustainability<\/h2>\n\n\t\t\t\t\t
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Accelerate your sustainability progress and business growth<\/p>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tExplore our solutions<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t\t\t\t\t
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Companies aren\u2019t waiting to drive momentum with AI<\/h2>\n\n\n
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\n\t\t\tNew study validates the business value and opportunity of AI\t\t<\/p>\n\t\t\n\t\t\tRead the blog<\/span> <\/span>\n\t\t<\/a>\n\t<\/div>\n<\/div>\n\n\n\n

While global technology, energy, and policy continue to unify around unlocking AI\u2019s potential to help speed the development of sustainability solutions, many organizations are already driving forward. These leaders understand the exponential value of responsible AI1<\/sup> to help bend the curve on innovation toward transformation and growth. In many cases, they\u2019re working together to cover more ground faster, which is one key to addressing net zero goals. The following efforts have inspired me and others to keep pushing forward. <\/p>\n\n\n\n

The National Football League\u2019s Las Vegas Raiders have upped their game at their home stadium, Allegient. Using Microsoft Cloud for Sustainability, a growing set of ESG capabilities that includes increasing use of automation and AI, stadium engineers are able to track energy, water, and waste metrics<\/a>, such as heating, ventilation, and air conditioning (HVAC) electricity usage, and plan reductions based on AI-driven insights. For example, they can analyze weather data and regulate the stadium\u2019s temperature from any connected device\u2014such as a smartphone\u2014enabling a more comfortable stadium experience as well as better, faster decisions for saving energy, time, and money\u2014not to mention elite-level sustainability publicity<\/a>.<\/p>\n\n\n\n

Denmark- based FLSmidth<\/strong>, a provider of equipment and service solutions to the mining and cement industries, is using Microsoft Sustainability Manager to reach zero emissions and zero waste by 2030<\/a>. Knowing that measuring performance will be key to success, the company is using the extensible solution to establish emissions baselines, set incremental goals, and track progress to build new sustainability solutions for customers. It\u2019s also investing heavily in the Internet of Things (IoT) and AI technology to enable a continuous sustainability data stream. This helps FLSmidth optimize equipment and plant performance and forecast and prevent problems. With huge potential gains in efficiency and speed, the company is looking to AI to help dramatically improve its own sustainability outcomes and customers\u2019.   <\/p>\n\n\n\n

OSTP Group<\/strong>, a Nordic manufacturer of steel tubes, pipes, and fittings, worked with Microsoft partner Fellowmind<\/strong> to build a Microsoft Sustainability Manager-based solution for CO2 data gathering and reporting<\/a>. With automated reporting and AI-driven analytics, OSTP can spend less time collecting data and more time analyzing progress toward its goal of carbon neutrality by 2025. OSTP recognizes that with increasing regulatory requirements and customer expectations, sustainability progress and transparency are becoming important differentiators for growth. <\/p>\n\n\n\n

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Try Microsoft Sustainability Manager now<\/a><\/div>\n<\/div>\n\n\n\n

Powering AI and new business models with ESG data <\/h2>\n\n\n\n

Behind every transformative AI solution sits a strong data foundation for managing ESG data. Such an infrastructure collects diffuse data from operational sources on a near real-time basis and stores it in connected solutions that can be used to track ESG performance, prepare for regulatory reporting, and open up entirely new business models. <\/p>\n\n\n\n

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