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An Inquiry Into the Obstacles Hindering the Widespread Use of Artificial Intelligence in Environmental, Social, and Governance Practices

An Inquiry Into the Obstacles Hindering the Widespread Use of Artificial Intelligence in Environmental, Social, and Governance Practices
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Author(s): Sabyasachi Pramanik (Haldia Institute of Technology, India)
Copyright: 2024
Pages: 17
Source title: The Ethical Frontier of AI and Data Analysis
Source Author(s)/Editor(s): Rajeev Kumar (Moradabad Institute of Technology, India), Ankush Joshi (COER University, Roorkee, India), Hari Om Sharan (Rama University, Kanpur, India), Sheng-Lung Peng (College of Innovative Design and Management, National Taipei University of Business, Taiwan)and Chetan R. Dudhagara (Anand Agricultural University, India)
DOI: 10.4018/979-8-3693-2964-1.ch004

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Abstract

This chapter examines the correlation between artificial intelligence (AI) and the integration of environmental, social, and governance (ESG) factors in contemporary business and technology. The chapter explores how AI might provide practical answers to current urgent social issues regarding sustainability. The chapter focuses on the ethical dimensions of sustainable technologies that address ecological issues, as well as AI-driven forecasts for ESG indicators, ethical supply chains, and forthcoming legislation. The growing integration of AI and ESG presents opportunities for sustainable-oriented organizations to expand their market share via the adoption of environmentally friendly strategies. This convergence allows for the alignment of sustainability goals with advanced technology, resulting in a truly transformative partnership.

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