Sustainability in asset management
Operationalize sustainability to support your bottom line
Today, most businesses prioritize continuous optimization of operations to balance energy and resource consumption with asset performance, while delivering services or goods without interruption. With the rising cost of energy, raw materials and spare parts, organizations are forced to keep their expenses under control. They must also adhere to national and international environmental, social and governance (ESG) goals, making it essential to minimize waste, reduce their ecological footprint and optimize their operations to support sustainability goals.
Make data-driven decisions based on information captured by sensors and technicians to extend asset life and minimize carbon footprint.
Use asset investment planning to assess when it’s financially wise to replace an aging asset with a more efficient one.
Track greenhouse gases effectively and control a wide range of related continuous and fugitive emissions.
Maintain compliance with regulations and manage remediation with integrated health, safety and environment (HSE) processes.
Improve energy efficiency by optimizing asset and resource performance. Reduce waste by minimizing unnecessary repairs, reducing stockouts and overstocking with a comprehensive repository for assets, resources, materials and activities.
Maximo links emissions tracking with work management, helping teams optimize maintenance strategies and reduce environmental impact. Technicians and sensors capture data on leaks and spills, with a dashboard flagging top offenders for quick action.
Perform root cause analysis to identify the cause of emissions. Link these causes to corrective actions, addressing both immediate and underlying issues, and preventing future incidents.
Reach your sustainability goals by optimizing operations through the digital transformation of your processes and by extending asset lifespan through predictive maintenance and AI-powered remote monitoring.
Do you require a sustainability strategy?
IBM Sustainability Consulting services can help you establish a data strategy that is aligned with your sustainability agenda.
Case studies
Sund & Bælt used more sustainable and intelligent approaches to extend a bridge’s lifespan by 100 years and reduce CO2 emissions by 750,000 tons.
VPI created a strategy to shift to a greener world. Learn how VPI found the path to net zero with IBM Maximo Application Suite.
IBM Global Real Estate reduced sustainability reporting costs by 30% by replacing multiple tools with a single, automated platform.