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Chapter 4
The Ethical Frontier of AI and Data Analysis
ESG-integrated AI-based financial usage is hindered by many hurdles. Efficiency in resource distribution and cost allocation for both initial expenditures and ongoing maintenance is also essential. It involves a thorough and careful planning process with the goal of minimizing costs while achieving sustainability goals.
Published in Chapter:
An Inquiry Into the Obstacles Hindering the Widespread Use of Artificial Intelligence in Environmental, Social, and Governance Practices
Sabyasachi Pramanik (Haldia Institute of Technology, India)
Copyright: © 2024 |Pages: 17
DOI: 10.4018/979-8-3693-2964-1.ch004
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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