Report: Cloud and software companies have some of the most ambitious emissions reduction targets

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KUALA LUMPUR (April 10): Cloud and software companies have some of the most ambitious emissions reduction targets and they are also developing new digital tools to support their customers’ decarbonization.

Since 2020, tech giants such as Microsoft, Google and Amazon have launched new emissions tracking tools to help customers measure the emissions associated with their cloud/software usage, according to BloombergNEF (BNEF).

In a blog post published Thursday, April 7, BNEF said Microsoft’s Emissions Impact Dashboard allows customers to examine emissions associated with their monthly cloud usage, service type, and data center region.

He said Amazon Web Services, Inc and Google Cloud have launched similar show tracking tools for their customers.

He said German multinational software company SAP SE and IBM’s tools go beyond tracking emissions related to cloud usage.

IBM’s environmental intelligence suite helps customers track environmental metrics to predict disruptions and optimize operations, he said.

BNEF said these tools benefit both technology providers and customers, since the same emissions under Scope 1 or 2 for one organization may be Scope 3 for another.

He said that as companies set net zero goals, emissions tracking tools will grow in importance.

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