?? Exciting News in the World of AI and ESG! ?? ?? Hey LinkedIn fam, I hope you're all having a fantastic day! As the Director of Innovation, I'm always on the lookout for groundbreaking developments that can shape the future of our industries. Today, I want to share some incredible insights about the growing impact of Generative Artificial Intelligence (AI) in the ESG landscape. Brace yourselves, because this is a game-changer! ?? ?? We all know that ESG reporting has become a crucial aspect of sustainable business practices. But did you know that Generative AI is now making its mark beyond reporting? At the recent Amazon Web Services (AWS) conference, the increased use of AI in ESG was on full display. This technology has the potential to revolutionize the way we approach environmental, social, and governance challenges. (source: ESG Dive) ?? The deployment of Generative AI across all sectors is set to have a profound and lasting impact on our lives. [2] [1] From predicting supply and demand for renewable energy to reshaping workplaces and workforces, and even enhancing education and healthcare, the possibilities are endless. This technology is not just about data collection; it's about transforming the way we live and work. (source: Allens) ?? AWS, a leading cloud provider, is doubling down on Generative AI initiatives. At the recent AWS Summit in New York, they unveiled their comprehensive strategy for Generative AI and introduced a range of updates and new services. Their commitment to being the go-to cloud provider for organizations leveraging Generative AI is truly commendable. (source: Fagenwasanni) ?? The AWS Summit in Washington, DC was a true celebration of Generative AI innovation and inspiration. The keynote was filled with exciting moments and key takeaways that extended beyond just Generative AI. It's incredible to witness the impact this technology is having across various industries. (source: AWS Public Sector) ?? Now, I want to hear from you! What are your thoughts on the growing use of Generative AI in the ESG landscape? How do you envision it shaping the future of sustainability? Let's start a conversation and explore the endless possibilities together! ?? ? Don't forget to like, comment, and share this post to spread the word about the transformative power of Generative AI in ESG. Let's inspire others to embrace this technology and create a sustainable future for all. Together, we can make a difference! ?? #AI #ESG #GenerativeAI #Sustainability #Innovation #AWS #CloudProvider #FutureOfWork #TransformativeTechnology #TogetherWeCan #MakeADifference References: [1] Dell EMEA boss: Artificial intelligence of immense value: https://lnkd.in/dAbN_Uqe [2] AI and ESG: the new trend in climate reporting: https://lnkd.in/d3zGu25T [3] Summit Key Note Speakers Highlight Growing use of AI in Data Management: https://lnkd.in/dbmtXaF7
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Gen AI is fast-becoming a must-have technology for efficiency, but how does this prime businesses for sustainability? Thanks to the Sustainability Magazine for the opportunity to discuss how generative artificial intelligence (Gen AI) plays to our clients advantage as they aim to streamline their sustainability efforts. Our key discussion points: 1) Gen AI is a natural progression for companies leveraging digital technology, so it’s no surprise that we can gather insights from the leaders in this space and consulting organisations that help businesses expand their use of technology. 2) While AI is no instant solution to global problems, it simplifies the corporate approach, making the once burdensome sustainability agenda a more enriching feat.? 3) “Generative AI is a gamechanger for its unique ability to take vast quantities of data and turn it into real insights at rapid speed”.? This is where Gen AI is leveraged the most—undertaking the tasks that cost businesses time and money; manual applications of data that soak up human resources. Gen AI will be instrumental in reshaping this narrative.? 4) “Inadequate and manually processed data has long been recognised as a key barrier to effective sustainability strategies. Not only are companies faced with the enormous task of collecting all the necessary data across their functions and supply chains to accurately measure their impact, but this data is often heterogeneous and historic,". 5) According to IBM IBM Institute for Business Value research,?41% of executives?cite inadequate data as the top barrier holding back ESG progress. Organisations are abundant with data, which could present them with long-term insights from years of operation. This is likely where they will find traces of environmental impact, such as emissions, energy consumption, and other measurable units, allowing them to benchmark their sustainability against a history of commercial action. “Large Language Models (LLM) have revolutionised how we approach this, creating models that can analyse data in all its forms whilst factoring in real-life shifts such as weather patterns or market trends. These models can then be used to drive insights across a wealth of areas, such as minimising waste, reducing energy usage, and optimising production". https://lnkd.in/eUWdnNRg #genai #sustainability Harry Alverson Amber O'Neill Oday Abbosh Paul Roeseler Jasmin SkrandiesMatthew Candy Luca Lo Presti Reecha Goel Reena Vij Laurence Bernet-Garin Steven Kienhorst Mohamed Ayman Salamat Daniel S. E. Donya Hardan Kelly Hutton Georgios Chaloulos Jacob Dencik
Navigating the Sustainable Benefits & Social Concerns of AI
sustainabilitymag.com
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Thank you Alyssa Lefaivre ?kopac and the Responsible AI Institute for the opportunity to share my perspectives with the authors of this new paper on #Sustainability and #AI. I welcome the optimistic take, though with some caution as both fields continue to find a balance between purpose and growth. LOTS more to come from this intersection. For those in my network working in sustainability and #impact, who aren't aware of the Responsible AI Institute, their work is grounded in the OECD - OCDE’s 5 Principles on #AI: https://lnkd.in/gEVz4SFP
?? Unveiling A Guiding Framework: Aligning AI and ESG for a Sustainable Future We are excited to announce the release of our new white paper,?"AI's Impact on Our Sustainable Future: A Guiding Framework for Responsible AI Integration Into ESG Paradigms."?This marks a key milestone in harmonizing AI and ESG principles. ?? Unified Exploration This paper provides a practical framework for navigating the intersection of AI and ESG. It covers relevant metrics, regulatory landscapes, and integration methods, enriched with use cases and case studies. ?? Key Insights Our framework offers practical guidance for decision-makers, emphasizing continuous monitoring, adaptation, and collaboration in the evolving AI and ESG landscape. ?? Acknowledgments and Invitation We thank the contributors and experts whose insights shaped this white paper. We encourage organizations, policymakers, and stakeholders to adopt this framework and work together towards sustainable practices, social responsibility, and stronger governance. ? Access the white paper here: https://lnkd.in/gnZMTa6b #ResponsibleAI #ESG #Sustainability #AI
Unveiling the Guiding Framework: Aligning AI and ESG for a Sustainable Future - Responsible AI
https://www.responsible.ai
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According to the 2024 State of Corporate ESG, professionals expect to free up about 200 hours per year as a result of AI workflow support. Learn more about how professionals are using AI in ESG to make a difference: https://ow.ly/7Uq350U5nGt
How generative AI is transforming ESG reporting
tax.thomsonreuters.com
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?? Exciting to see National AI Centre releasing "AI and ESG: An Introductory Guide for ESG Practitioners"! https://lnkd.in/gHjZ6qng CSIRO's Data61 science work featured prominently, and it's fantastic to see our contributions expanded with even more practical examples and insights. ???? ?? The report adopts the definition of Responsible AI from our book, Responsible AI: Best Practices for Creating Trustworthy AI Systems: "RAI is the practice of developing and using AI systems in a way that benefits individuals, groups, and wider society, while minimising the risk of negative consequences." https://lnkd.in/gsQz5swy ?? It highlights our collaboration with Alphinity Investment Management, mapping ESG and RAI topics, questions, indicators, and metrics. ?? Check out our work: The Intersection of Responsible AI and ESG: A Framework for Investors. https://lnkd.in/gw9FFKJG ?? A shoutout to Prof Didar Zowghi, our Diversity & Inclusion in AI Lead, who was quoted explaining our guidelines for diversity and inclusion in AI—highly relevant to the social and governance dimensions of ESG. ?? https://lnkd.in/gKJqX4q7 ?? The report also points to the newly launched AI Impact Navigator (developed with Data61's contribution) for those keen on AI impact assessments beyond ESG. ????? https://lnkd.in/g4fVm2RY For more details on our work, check these recent updates: 1. ?? Responsible AI Question Bank: A Comprehensive Tool for AI Risk Assessment https://lnkd.in/gsUKE__f 2. ?? Integrating ESG and AI: A Comprehensive Responsible AI Assessment Framework https://lnkd.in/eZEdRSV2 3. ?? Achieving Responsible AI through ESG: Insights and Recommendations from Industry Engagement https://lnkd.in/gden3jBw By the way, this work was featured at the UN's Principles for Responsible Investment (PRI) Conference in Toronto earlier this month. Thanks to Jessica Cairns for presenting it. ?? We're actively looking for industry partners adopting AI and investors keen to understand AI's impact on investments. ?? Let's collaborate to further refine the framework, co-design measurement methods, and create domain/use case-specific guidelines and methods. If interested, reach out to me!
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How #AI can enhance #ESG reporting by enabling the extraction of critical insights from ESG datasets. https://lnkd.in/effafPXZ
Revolutionizing ESG Reporting with AI: A Critical Move for Today's Businesses
wwt.com
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?? Exciting news! A recent ESG research study reveals critical gaps in responsible AI practices across industries. Find out more about the findings in our latest press release.
ESG Research Unveils Critical Gaps in Responsible AI Practices Across Industries
qlik.com
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?? Exciting news! A recent ESG research study reveals critical gaps in responsible AI practices across industries. Find out more about the findings in our latest press release.
ESG Research Unveils Critical Gaps in Responsible AI Practices Across Industries
qlik.com
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In today's business landscape, ESG considerations are paramount, but analysts face an overwhelming flood of data. Enter cutting-edge AI platforms, transforming how we approach ESG analysis. These advanced systems can process millions of unstructured documents, providing instant, contextual insights through AI agents. With temporal reasoning capabilities and complex comparative assessments, they're empowering analysts to make more informed, sustainable decisions. Plus, advanced RAG technology ensures all information is trustworthy and traceable. Curious about the future of ESG research/ Analysis? Dive into the full article to explore how AI is reshaping the field: https://lnkd.in/gd5pDCEF #ESG #Insights #AI #IntellectAI Hari Menon | Richard McGrail | Amrita Bhakta | Aditya Rajashekaran | SUBHAM SINGH
Enhancing ESG Analyst Workflows With Expert AI Agents - IntellectAI
intellectai.com
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As Generative AI transforms governments & businesses, we must navigate judiciously to reduce potential negative environmental impacts. In this article with Government News, Kelly Brough, Managing Director Data and AI at Accenture Australia and NZ shares proactive steps for a sustainable AI future. Read more: https://accntu.re/3SsUVSq
Meeting AI's sustainability challenges - Government News
https://www.governmentnews.com.au
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?? Exciting news! A recent ESG research study reveals critical gaps in responsible AI practices across industries. Find out more about the findings in our latest press release.
ESG Research Unveils Critical Gaps in Responsible AI Practices Across Industries
qlik.com
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