C3 AI Announces Partnership with ESG Book to Combine C3 AI’s Leading ESG Software with ESG Book’s Comprehensive Sustainability Data
October 04 2023 - 9:00AM
Business Wire
Collaboration will make ESG Book’s
comprehensive sustainability data available to sustainability teams
utilizing the C3 AI ESG application
C3 AI (NYSE: AI), the Enterprise AI application software
company, today announced a new partnership with ESG Book, a global
leader in sustainability data, to deliver powerful new insights to
ESG teams. The collaboration combines C3 AI’s leading AI-enabled
ESG application with ESG Book’s comprehensive suite of
sustainability data to provide sustainability teams within
enterprises with unparalleled data-driven analytical
capabilities.
“Leaders using C3 AI ESG are dramatically transforming how they
manage ESG strategy and performance with AI insights that reveal
new avenues of significant opportunity for value creation,
including knowing early on when a long-term emissions plan is off
track or when new stakeholder priorities are emerging such as
discussions around biodiversity,” said Ed Abbo, President and CTO
at C3 AI. “Combining the power of our industry-leading AI models
with ESG Book’s global datasets ensures that our customers can
continue to set and meet ambitious ESG goals with confidence.”
Companies today face a variety of challenges in identifying
risks and opportunities to improve ESG performance due to highly
fragmented data, evolving stakeholder expectations, and rapidly
changing regulatory reporting requirements. Teams must often wade
through lengthy documents and disparate data sources to gain
critical insights for timely decision making.
Launched in 2022, C3 AI ESG provides an end-to-end AI-enabled
enterprise solution for sustainability teams, enabling them to
efficiently gather, manage, and analyze disparate ESG data,
automate reporting, identify and mitigate ESG risks, capture
opportunities, and execute sustainability plans to meet ESG
goals.
ESG Book’s data-driven solutions have been developed as a
response to many of the current market challenges around
sustainability ratings, including opacity around score
methodologies and underlying data, a lack of standardisation, and
the limited ability to measure industry and sector-specific
metrics. Its data provides real-time, in-depth insights into
corporate ESG and climate performance, covering over 50,000
companies worldwide.
“Driven by fast-changing market requirements and global
regulation, demand for rapidly accessible, transparent ESG data is
increasing worldwide,” said Dr. Daniel Klier, CEO, ESG Book.
“Through this exciting new partnership, which combines 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 sharply, driven by increasing sustainability
regulation worldwide. More than 90% of executives are expecting to
meaningfully increase their spending this year on ESG data, with
the vast majority believing that ESG data investment is required to
keep pace with competitors or to develop a competitive advantage,
according to a recent Bloomberg survey.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Platform, an end-to-end platform for developing, deploying, and
operating enterprise AI applications, C3 AI applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally, and C3
Generative AI, a suite of large AI transformer models for the
enterprise. For more information, visit https://c3.ai/
ESG Book Public Relations
For more information and for all media requests, please contact
Ciaran McCale, Head of Communication, ESG Book, at
Ciaran.mccale@esgbook.com or on +44 (0)7956 175 100.
About ESG Book
ESG Book is a global leader in sustainability data and
technology, with a mission to transform finance through
sustainability by making ESG data accessible, comparable, and
transparent. ESG Book is the only provider in the world to combine
a highly competitive, global sustainability dataset reported by
corporates together with a disclosure platform. ESG Book’s
solutions are used by many of the world’s largest financial
organisations including Bloomberg, BNY Mellon, Citi, Dow Jones, JP
Morgan, HSBC, and Glass Lewis.
Covering over 50,000 companies, ESG Book’s product offering
includes ESG and climate data, company-level and portfolio-level
scores, and analytics tools. ESG Book’s SaaS data management and
disclosure platform provides access to over 150,000 corporate
disclosures, enabling companies to disclose to stakeholders in
real-time against multiple frameworks. For more information, visit
esgbook.com
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C3 AI Public Relations Cheryl Sanclemente Vice President,
Corporate Communications
415-988-4960
press@c3.ai
Investor Relations
ir@c3.ai
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