AI to help organizations cut greenhouse gas emissions by 16%

The potential positive impact of Artificial Intelligence (AI) is significant and organizations can expect to cut GHG emissions by 16% in the next three to five years through AI-driven climate action projects according to a research report by Capgemini Research Institute. Despite the considerable potential of AI for climate action, adoption remains low. More than eight in ten organizations spend less than 5% of climate change investment on AI and data tracking; 54% have fewer than 5% of employees with the skills to take up data and AI-driven roles; and more than a third (37%) of sustainability executives have decelerated their climate goals in light of COVID-19, with the highest deceleration in the energy and utilities industry. Only 13% of organizations have aligned their climate vision and strategy with their AI capabilities – these are who Capgemini defines as climate AI champions. Two-fifths of these come from Europe, followed by the Americas and APAC.