There are important lessons to be learned regarding the way in which human behavior as well as leaders’ decisions affected our world, especially in the context in which it has become critical to focus on sustainable growth; in this given context, finding rapid solutions for climate adaptation no longer represent an option, but they have become a must in a society devoured by extreme poverty and imminent climate risks; hence, countries worldwide are called to unite their efforts in terms of ensuring that climate change will stop affecting the present and the future generations, while addressing climate justice in a healthier and more sustainable environment (International Development Association (IDA), 2023a); in this particular matter, the authors draw attention that it is high time to make serious efforts to boost shared prosperity, while building more capable, efficient, resilient, sustainable, inclusive, and accountable communities, businesses, Organizations, and institutions (International Development Association (IDA), 2023b).
Published in Chapter:
Exploring the Synergies Between Environmental Social Governance and AI for Business Sustainability: Tackling Climate Adaptation, Mitigating Climate Change Efforts, and Pursuing Climate Justice
Cristina Raluca Gh. Popescu (University of Bucharest, Romania & The Bucharest University of Economic Studies, Romania) and Arturo Luque González (Universidad Técnica de Manabí, Ecuador & Observatorio Euromediterráneo de Espacio Público y Democracia, Ecuador)
Copyright: © 2024
|Pages: 41
DOI: 10.4018/979-8-3693-1151-6.ch001
Abstract
Investigating the unprecedented and not yet fully known impact of artificial intelligence (AI) for business sustainability in digital ecosystem implicates acknowledging and reshaping the pivotal role played by the environmental social governance (ESG) framework used to assess efficiency, performance, and international strategies in terms of business practices. What is more, achieving the Sustainable Development Goals (SDGs) by benefiting from guidance from ESG, as well as intelligence demonstrated by computers, may present both opportunities and risks, depending on the perspectives taken into consideration. Furthermore, building a culture of sustainability and developing successful sustainable business models have the amazing power of fostering climate justice, restoring damaged ecosystems, and developing action plans capable of offering immediate responses to climate change. Can individuals' quality of life and standards of living boost the overall well-being of societies when businesses are becoming more sustainable? Are the global living standards moving in the right direction?