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What is Collaboration for Good Governance and Development

Intersecting Environmental Social Governance and AI for Business Sustainability
In this day and age, everything that seems to surround people’s lives is aimed more and more at making them more individualistic and even, in some cases, more focused only on personal and private matters, hence growing to be more immune to the problems of less fortunate ones or the importance of the environment in which people live in; even though this is apparently the general trend, the authors’ intention is to make people aware that there are numerous advantages that may be encountered in collaboration, in building economic and social strong connections for a better, safer, and healthier future for all; for example, good governance implicates collaboration between the individuals living in a country and its management, based on the fact that achieving the goals of good governance implicate the fact that the local authorities should receive help and support from the communities (Organization for Security and Co-operation in Europe (OSCE), 2003); in the same line with the aforementioned aspects, another example could be represented by the fact that the well-being of individuals and the good health of the environment strongly depend on building more resilient, robust, and sustainable cities which can only be done with the constant involvement of the people and the authorities (Organization for Security and Co-operation in Europe (OSCE), 2023).
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)
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?
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