Feyisayo Ogunyemi, a Nigerian-born chartered accountant and AI sustainability specialist, has pioneered an innovative AI-powered carbon accounting model designed to revolutionize corporate transparency and streamline Environment, Sustainability, and Governance (ESG) compliance. This groundbreaking model addresses the persistent challenges companies face in accurately measuring their carbon footprint, problems often exacerbated by inconsistent reporting standards and reliance on manual data collection. The model’s potential to attract sustainable investments lies in its ability to provide a more robust and reliable assessment of a company’s environmental impact, a key factor for environmentally conscious investors.
Ogunyemi’s model leverages the power of artificial intelligence in several crucial ways. It utilizes machine learning algorithms for real-time emissions tracking, providing a dynamic and up-to-the-minute view of a company’s carbon footprint. This real-time tracking allows for immediate identification of emission spikes and facilitates prompt corrective action. Further enhancing the system’s integrity, blockchain technology is employed to ensure the verification and immutability of the collected data, promoting transparency and building trust among stakeholders. Finally, predictive analytics are integrated to help businesses align their operations with global sustainability targets, such as the Paris Agreement and the Science-Based Targets Initiative, enabling them to proactively plan for a sustainable future.
