ESG in the age of AI

As companies weigh the adoption of artificial intelligence (AI), its importance in optimizing essential operations across industries is clear. Used wisely, AI can significantly aid businesses in achieving their environmental, social, and governance (ESG) objectives for lasting effects. Business leaders globally, including those in India, recognize the critical nature of ESG in securing business objectives and enduring success.

The focus on business responsibility or ESG has been at the forefront of most boardroom discussions. The number of companies that publish a sustainability report has been growing steadily over the past decade. At the same time, ESG compliances the world over are now on the rise. Accuracy and reliability are critical when it comes to ESG reporting, especially with evolving regulations across regions. AI excels in this area by automating data validation processes, cross-checking information, and identifying inconsistencies and inefficiencies among many other valuable opportunities.

In today’s world, and increasingly in the future, we are looking at real-time responses to everything. AI if used responsibility and effectively, has the potential to revolutionize the way we approach and address global challenges.