BCG’s artificial intelligence solution, CO2 AI by BCG, enables organizations to measure, simulate, reduce, track, and report their environmental footprint at scale—and to collaborate across the supply chain.
EXPLORE THE PRODUCT
CO2 AI by BCG, our AI-flagship offering in sustainability, enables companies to reliably quantify their emissions, set appropriate targets, and reduce emissions by as much as 40%. Our software solution from BCG GAMMA is a unique, end-to-end, ready-to-deploy software solution that can be used across all industries, including oil and gas, biopharmaceuticals, automotive, consumer products, and more.
The software addresses the challenge of companies struggling to cut their greenhouse gas emissions in line with targets despite their good intentions. One of the challenges they face is not being able to measure their environmental footprint accurately. Our carbon measurement survey found that just 9% currently measure emissions comprehensively—and the estimated error rate in emissions measurements is 30% to 40%.
CO2 AI by BCG not only accurately measures emissions directly produced by the company's own activities (Scopes 1 and 2) but it also quantifies the more difficult-to-measure, indirect emissions produced along the company's entire value chain (Scope 3).
CO2 AI by BCG delivers four features to support AI for sustainability and decision making throughout the net-zero journey:
CO2 AI by BCG is not just a tool for the sustainability team. It empowers strategic and operational decision making across the entire business, from product design to procurement to production to distribution.
Offering the world’s smartest and most comprehensive sustainability database—enriched with proprietary algorithms and machine-learning models—CO2 AI by BCG delivers transformative results. BCG clients have achieved extraordinary benefits:
The recently announced proposal by the Securities and Exchange Commission (SEC) would require public companies to report information about their climate-related financial risks and greenhouse gas emissions. To avoid greenwashing, sustainability reporting goes hand-in-hand with a need for increased data granularity and accuracy.
The time for companies to prepare for the mandatory reporting of Scope 1, Scope 2, and Scope 3 emissions is now. CO2 AI provides the granularity and accuracy companies need ahead of the SEC's climate-related disclosures proposal.
The CO2 AI Product Ecosystem provides a unique solution. It unlocks collaboration within business ecosystems and accelerates the decarbonization of supply chains. To reinforce CO2 AI by BCG’s and CDP’s commitment to supporting companies throughout their net-zero journeys, the core features of the platform will be available for free to all reporting companies.
A global steel producer wanted to optimize its production processes to reduce carbon emissions and lower costs. In just six months, BCG implemented AI-based process controls designed to eliminate waste and reduce energy intensity. The company decreased carbon emissions by 10% and reduced costs by $80 million—a significant benefit for a company with $8 billion in revenue.
A wine and spirits producer used CO2 AI by BCG to accelerate its net-zero strategy. After creating an optimized roadmap and prioritizing its emissions reduction initiatives, the company improved baselining accuracy in key areas by 50% and reduced its gap to target by 50%.
A cement company needed to reduce its total CO2 emissions in a short period of time. Using CO2 AI by BCG, they were able to gain full transparency into CO2 emission sources within the company, quickly reduce direct CO2 emissions by 4%, and create a roadmap to reduce another 20%.
CO2 AI by BCG is fully compliant with the Greenhouse Gas protocol. We are also a CDP gold accredited provider in relation to climate change and SBT services. Additionally, CO2 AI by BCG is a certified software partner of GRI.
BCG and SAP have joined forces to deliver tech-enabled sustainability transformations that create business value for clients. Our partnership accelerates companies in their journey to zero waste and zero emissions by leveraging CO2 AI by BCG among other digital tools, to help leaders generate competitive advantage and 10% market premiums in many industries.
The CO2 AI by BCG team’s AI and sustainability experts work with clients across all industries to reliably quantify and effectively reduce emissions. Meet some of our global and industry leaders.
Over 90% of Firms Aren't Measuring Emissions Correctly, BCG Says
BCG’s Charlotte Degot spoke with Bloomberg about how companies can accurately measure their greenhouse gas emissions. She explains measuring with an AI tool could decrease a company’s emissions by as much as 40%, which can be achieved “through identifying the best initiatives, tracking results, and optimizing company operations.”
Read now on Bloomberg
11 Examples of AI Climate Change Solutions For Zero Carbon
CO2 AI by BCG was featured in Forbes. The article highlighted CO2 AI by BCG “unlocks significant accuracy gains in the emissions measurement and enables 30-40% emission reduction for large corporations.”
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AI Champions Driving New Industry Solutions For Climate Change
BCG’s Hamid Maher was quoted in a recent Forbes article on champions driving new solutions for climate change. He explained, “It is critical that companies start incorporating the impacts of climate change in their future planning processes. By identifying these changes early, companies can build in practices that will increase adaptation and resilience to such changes, allowing for future success.”
Read now on Forbes