India Champions in AI-Powered Sustainability Globally AI is increasingly being utilized to simplify business processes and tackle today's pressing challenges, with sustainability being the most critical among them

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

The year 2024 marked a significant focus on emerging technologies, with artificial intelligence (AI) dominating the market through thousands of new startups and innovative programs across the globe, particularly in India. The surge in seminars and national conferences exploring various facets of AI in India reflects the growing adoption and awareness of this technology in the Indian market. AI is increasingly being utilized to simplify business processes and tackle today's pressing challenges, with sustainability being the most critical among them.

India is emerging as a global leader in leveraging AI for sustainability, according to IBM's State of Sustainability Readiness Report 2024. This report highlights the pivotal role of technology in addressing pressing environmental challenges and underscores India's exceptional commitment to sustainable practices. An impressive 96 per cent of Indian business leaders recognize AI as a key enabler of their sustainability goals, compared to 90 per cent of executives in nine countries who view AI as a catalyst for sustainability.

Furthermore, 64 per cent of Indian companies are already actively deploying AI to enhance the impact of their sustainability initiatives.

"India stands out as a leader in AI-driven sustainability," said Sandip Patel, Managing Director, IBM India/South Asia. "Sustainability is now central to business strategies, and AI is helping organizations grow responsibly while meeting their long-term goals."

Investment Boom and Challenges

India's proactive approach is evident in its business strategies, with 98 per cent of Indian leaders planning to increase IT investments for sustainability in the coming year. These investments aim to deploy innovative solutions to address complex environmental challenges such as water management, carbon footprint reduction, and climate resilience.

AI is playing a transformative role by offering predictive analytics, actionable insights, and data-driven strategies to bolster sustainability efforts. Companies are using AI to monitor resource consumption, optimize supply chains, and develop eco-friendly products.

For Indian businesses, sustainability extends beyond environmental concerns—64 per cent of businesses view sustainability as a way to strengthen their brand image, while 61 per cent see it as critical for ensuring business resilience in an uncertain future.

Furthermore, 81 per cent of Indian companies are proactively addressing climate resilience, and 79 per cent have implemented advanced systems to track and measure their sustainability progress. This emphasis on transparency and accountability is setting a global benchmark for businesses.

Despite its leadership, India faces unique sustainability challenges, particularly in managing critical resources like water. However, the report highlights that companies are tackling these issues head-on, with 54 per cent of leaders investing in initiatives that directly drive sustainability outcomes.

The report also recommends that enterprise leaders invest in advanced AI tools to significantly reduce carbon emissions and promote sustainable practices through informed decision-making. Further, it suggests adopting data-driven strategies to ensure alignment across teams, identify blind spots, and effectively track progress.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

News and Trends

Reveal HealthTech Raises USD 7.2 Mn to Expand AI-Driven Healthcare Solutions

The fresh funding will be channelled towards scaling its flagship products, BioCanvas and Prism AI.

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest