scholarly journals A Framework for Evaluating and Disclosing the ESG Related Impacts of AI with the SDGs

2021 ◽  
Vol 13 (15) ◽  
pp. 8503
Author(s):  
Henrik Skaug Sætra
Keyword(s):  
Sustainable Development Goals ◽  
Sustainability Reporting ◽  
Modern Society ◽  
Ripple Effects ◽  
The Core ◽  
Social Governance ◽  
Ai Ethics ◽  
Development Goals ◽  
Negative Impacts ◽  
Corporate Social

Artificial intelligence (AI) now permeates all aspects of modern society, and we are simultaneously seeing an increased focus on issues of sustainability in all human activities. All major corporations are now expected to account for their environmental and social footprint and to disclose and report on their activities. This is carried out through a diverse set of standards, frameworks, and metrics related to what is referred to as ESG (environment, social, governance), which is now, increasingly often, replacing the older term CSR (corporate social responsibility). The challenge addressed in this article is that none of these frameworks sufficiently capture the nature of the sustainability related impacts of AI. This creates a situation in which companies are not incentivised to properly analyse such impacts. Simultaneously, it allows the companies that are aware of negative impacts to not disclose them. This article proposes a framework for evaluating and disclosing ESG related AI impacts based on the United Nation’s Sustainable Development Goals (SDG). The core of the framework is here presented, with examples of how it forces an examination of micro, meso, and macro level impacts, a consideration of both negative and positive impacts, and accounting for ripple effects and interlinkages between the different impacts. Such a framework helps make analyses of AI related ESG impacts more structured and systematic, more transparent, and it allows companies to draw on research in AI ethics in such evaluations. In the closing section, Microsoft’s sustainability reporting from 2018 and 2019 is used as an example of how sustainability reporting is currently carried out, and how it might be improved by using the approach here advocated.

scholarly journals Corporate social responsibility of financial sector institutions in the light of sustainable development goals financing: the role of banks and stock exchanges

2018 ◽  
Vol 7 (3) ◽  
pp. 1-14 ◽  
Author(s):  
Inna Makarenko ◽  
Yulia Yelnikova ◽  
Anna Lasukova ◽  
Abdul Rahman Barhaq
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Sustainable Development Goals ◽  
Sustainability Reporting ◽  
Financial Sector ◽  
Stock Exchanges ◽  
Development Goals ◽  
Corporate Social

Significant gap in investment resources for financing Sustainable Development Goals can be overcome with the revitalization of the corporate social responsibility mechanism of the financial sector institutions, for example banks and stock exchanges as the largest players in the global financial sector. The most relevant for them are Goals 1, 5, 8, 10, 13, 17. Incorporating these goals into activities of the financial sector institutions requires not only the activation of their CSR mechanism in the directions indicated by the targets, but also the radical restructuring of all business processes and the reorientation of their overall sustainability strategy. Analysis of current sustainability reporting disclosure by financial sector institutions in global and regional aspects was conducted. Based on the analysis, the authors define the role of CSRs of banks and stock exchanges in SDG financing as follows: banks – ensuring their own sustainability and efficiency through CSR mechanisms, formation of new tools, methods and technologies of financial support of SDG; stock exchanges – minimization of information asymmetry in investor decision making, taking into consideration ESG criteria, formation of exemplary disclosure practices and new markets and market benchmarks by listing companies.

Environmental and Climate Declarations as Tools for Exporting Russian Construction Materials

2020 ◽  
Vol 786 (11) ◽  
pp. 47-53
Author(s):  
A.V. DERBENEV ◽  
◽  
D.M. VADIVASOV ◽  
Keyword(s):  
Climate Change ◽  
Environmental Management ◽  
Sustainable Development Goals ◽  
Construction Materials ◽  
Modern Society ◽  
Environmental Agreements ◽  
Management Tools ◽  
Development Goals ◽  
Environmental Requirements ◽  
The Russian Federation

Environmental protection, climate change, and the protection of the planet’s biodiversity are becoming top priorities in modern society. Environmental agreements, while important and necessary, including for achieving sustainable development goals, impose additional restrictions on products and producers of these products. These restrictions can be used by countries to create barriers to the import of construction materials. Countries that have ratified environmental agreements may restrict the import of products that do not meet environmental requirements or criteria in one way or another. International environmental management tools are described, in particular environmental and climate declarations, which can serve as tools for solving the problem of possible restrictions and barriers in the export of construction materials produced in the Russian Federation.

scholarly journals Financial Institutions’ Risk Profile and Contribution to the Sustainable Development Goals

2021 ◽  
Vol 13 (14) ◽  
pp. 7738
Author(s):  
Nicolás Gambetta ◽  
Fernando Azcárate-Llanes ◽  
Laura Sierra-García ◽  
María Antonia García-Benau
Keyword(s):  
Sustainable Development ◽  
Financial Institutions ◽  
Sustainable Development Goals ◽  
Sustainability Reporting ◽  
Risk Profile ◽  
The Sustainable Development ◽  
Corporate Reporting ◽  
2030 Agenda ◽  
Development Goals ◽  
The Impact

This study analyses the impact of Spanish financial institutions’ risk profile on their contribution to the 2030 Agenda. Financial institutions play a significant role in ensuring financial inclusion and sustainable economic growth and usually incorporate environmental and social considerations into their risk management systems. The results show that financial institutions with less capital risk, with lower management efficiency and with higher market risk usually make higher contributions to the Sustainable Development Goals (SDGs), according to their sustainability reports. The novel aspect of the present study is that it identifies the risk profile of financial institutions that incorporate sustainability into their business operations and measure the impact generated in the environment and in society. The study findings have important implications for shareholders, investors and analysts, according to the view that sustainability reporting is a vehicle that financial institutions use to express their commitment to the 2030 Agenda and to higher quality corporate reporting.

scholarly journals Ordering Artificial Intelligence Based Recommendations to Tackle the SDGs with a Decision-Making Model Based on Surveys

2021 ◽  
Vol 13 (11) ◽  
pp. 6038
Author(s):  
Sergio Alonso ◽  
Rosana Montes ◽  
Daniel Molina ◽  
Iván Palomares ◽  
Eugenio Martínez-Cámara ◽  
...  
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Sustainable Development Goals ◽  
Modern Society ◽  
Agenda 2030 ◽  
Model Based ◽  
Development Goals ◽  
Sustainability Challenges ◽  
New Research ◽  
Decision Making Model

The United Nations Agenda 2030 established 17 Sustainable Development Goals (SDGs) as a guideline to guarantee a sustainable worldwide development. Recent advances in artificial intelligence and other digital technologies have already changed several areas of modern society, and they could be very useful to reach these sustainable goals. In this paper we propose a novel decision making model based on surveys that ranks recommendations on the use of different artificial intelligence and related technologies to achieve the SDGs. According to the surveys, our decision making method is able to determine which of these technologies are worth investing in to lead new research to successfully tackle with sustainability challenges.

AI Ethics for Sustainable Development Goals

2021 ◽  
Vol 40 (2) ◽  
pp. 66-71
Author(s):  
Anibal Monasterio Astobiza ◽  
Mario Toboso ◽  
Manuel Aparicio ◽  
Daniel Lopez
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Ai Ethics ◽  
Development Goals

Implications for Sustainable Development Goals: A framework to assess company disclosure in sustainability reporting

2021 ◽  
pp. 128624
Author(s):  
Armando Calabrese ◽  
Roberta Costa ◽  
Massimo Gastaldi ◽  
Nathan Levialdi Ghiron ◽  
Roberth Andres Villazon Montalvan
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Sustainability Reporting ◽  
Development Goals

scholarly journals Industry 4.0 and Sustainability Implications: A Scenario-Based Analysis of the Impacts and Challenges

2018 ◽  
Vol 10 (10) ◽  
pp. 3740 ◽  
Author(s):  
Silvia Bonilla ◽  
Helton Silva ◽  
Marcia Terra da Silva ◽  
Rodrigo Franco Gonçalves ◽  
José Sacomano
Keyword(s):  
Sustainable Development ◽  
Industry 4.0 ◽  
Sustainable Development Goals ◽  
Big Data Analytics ◽  
Industrial Process ◽  
Raw Material ◽  
The Sustainable Development ◽  
Long Run ◽  
Development Goals ◽  
Negative Impacts

The new evolution of the production and industrial process called Industry 4.0, and its related technologies such as the Internet of Things, big data analytics, and cyber–physical systems, among others, still have an unknown potential impact on sustainability and the environment. In this paper, we conduct a literature-based analysis to discuss the sustainability impact and challenges of Industry 4.0 from four different scenarios: deployment, operation and technologies, integration and compliance with the sustainable development goals, and long-run scenarios. From these scenarios, our analysis resulted in positive or negative impacts related to the basic production inputs and outputs flows: raw material, energy and information consumption and product and waste disposal. As the main results, we identified both positive and negative expected impacts, with some predominance of positives that can be considered positive secondary effects derived from Industry 4.0 activities. However, only through integrating Industry 4.0 with the sustainable development goals in an eco-innovation platform, can it really ensure environmental performance. It is expected that this work can contribute to helping stakeholders, practitioners and governments to advance solutions to deal with the outcomes emerging through the massive adoption of those technologies, as well as supporting the expected positive impacts through policies and financial initiatives.

Sustainable Development Goals and progressive business models for economic transformation

2019 ◽  
Vol 34 (6) ◽  
pp. 510-524 ◽  
Author(s):  
Jacob D Rendtorff
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Corporate Social Responsibility ◽  
Business Ethics ◽  
Social Responsibility ◽  
Sustainable Development Goals ◽  
Economic Transformation ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social

This paper analyses the Sustainable Development Goals of the United Nations in the 2030 ‘Transforming the World’ Agenda, from 2015, as a contribution to business ethics and ethical economy. The Sustainable Development Goals combine political aims with visions of economic development and social justice and are therefore important for business ethics and corporate social responsibility. Thus, the Sustainable Development Goals constitute a driver for ethical economic development and social change. However, there is a need for critical analysis of the possibilities of Sustainable Development Goals of functioning as a vision and a strategic tool for management and governance. The aim of the paper is to investigate these possibilities of the Sustainable Development Goals of contributing to business ethics and ethical economy with mobilization of business, public institutions and organizations, and non-governmental organizations. After presenting the Sustainable Development Goals, the paper critically discusses their scope and potential for corporate social responsibility, business ethics and corporate sustainability. This involves the problem of how the Sustainable Development Goals can contribute to a transformation towards another economy. As a contribution to business ethics, the paper elaborates on partnerships for Sustainable Development Goals, sustainable performance management systems and the Sustainable Development Goal Compass with the aim of interpreting Sustainable Development Goals as a basis for progressive business ethics models.

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