In the rapidly evolving world of corporate responsibility, Environmental, Social, and Governance (ESG) reporting has become a cornerstone. With the integration of Artificial Intelligence (AI) and Machine Learning (ML), we are witnessing a transformative era in how companies approach ESG reporting. AI and ML in ESG reporting: emerging trends?
Sustainability considerations are now at the top of the corporate agenda for organizations of all sizes. Though data collection and reporting may be the first steps in a company’s journey to improve ESG performance, the value is derived from how that data is analyzed and used to inform strategy. So, how to make ESG compliance your competitive edge?
Financial returns are the number one priority for investors, but they don’t necessarily see ESG practices and financial returns as a trade-off. Morgan Stanly found in its yearly survey among investors. Strong ESG practices can potentially lead to higher returns and make for better longer- term investments.