Strategic Focus: Planning For ESG, Climate & Biodiversity Risks With AIP Software

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Executive Summary

Aging assets and infrastructure pose a significant challenge to planning investments that will achieve productivity, availability and cost reduction goals simultaneously. To add to this equation, firms must now consider the effect on their operations of burgeoning climate risks, as well as a greater focus on operationalizing net zero targets, and stricter ESG regulations. This report is aimed at senior executives across operations, engineering, sustainability and finance teams in heavy asset industries who are responsible for long-term capital planning at their firms. The report discusses the drivers for the uptake of asset investment planning (AIP) software to address ESG, climate and biodiversity risks and details how prominent AIP software providers have developed capabilities to combat these challenges. Thus far, industrial firms’ sustainability efforts have been concentrated on reporting; development of a strategy to lower emissions and reduce environmental risks to operations is still a new activity for many.
Navigating ESG, climate and biodiversity risks requires a meticulously balanced asset investment strategy
Uptake of AIP software to support sustainability initiatives is still nascent
Extreme weather events and regulatory pressures will drive appetite for AIP software
AIP software vendors are ramping up their capabilities to support planning for ESG, climate and biodiversity risks

About the Authors

Sayanh Alam

Sayanh Alam

Analyst

Sayanh is an Analyst in the Verdantix Industrial Transformation practice. Prior to joining Verdantix, she completed an MSc in Chemistry with Molecular Physics at Imperial Coll…

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Malavika Tohani

Malavika Tohani

Research Director, Industrial Transformation

Malavika leads the Verdantix Industrial Transformation practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins…

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