ESG, Blockchain, and AI – Oh My!
Highlights
AI and blockchain are gaining traction as innovative solutions to improve ESG performance and reporting come online.
Together, they are being used to identify and mitigate ESG risks, improve efficiency, and enhance stakeholder engagement
Increased scrutiny of AI and blockchain is likely to push Congress to regulate these technologies
To effectively incorporate AI and blockchain into ESG practices, companies will need to monitor risks and adapt quickly to the dynamic regulatory environment
As the importance of environmental, social, and governance (ESG) considerations grows, companies are seeking innovative solutions to improve their ESG performance and reporting. Two emerging technologies that are gaining traction are artificial intelligence (AI) and blockchain. AI can help companies analyze large amounts of ESG data to identify trends and opportunities, while blockchain can increase transparency and traceability in ESG reporting.
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