AI and ESG: Is there a clear solution?

In the wake of the UK AI Safety Summit, more questions are being raised over how AI can help with Environmental, Social, and Governance (ESG) practices

ESG is vastly becoming more important for global businesses, as they work to assess an organisation's business practices and performance on various sustainability and ethical issues.

During the recent UK AI Safety Summit at Bletchley Park, world leaders and industry experts reflected how this subject is becoming more of a priority in connection with AI, as larger enterprises are already concerned about implications such as job losses as a result of AI.

Concerns around ESG investing, and ESG more broadly, are continuing to grow across industry leaders and regulators globally, ultimately leading to more companies seeking to redefine their strategies in efforts to stay ahead.

Businesses working together to improve ESG transparency and performance

According to, companies across essential industries today are using enterprise AI to address the most pressing ESG challenges. These include translating commitments into plans, establishing unified data visibility for reporting and decision-making and proactively engaging key stakeholders to manage risks and capture valuable opportunities.

AI already holds huge potential to revolutionise key industries and so major ESG players have been experimenting and collaborating with each other to enhance ESG ratings outputs. These types of AI and machine learning tools can be used for the optimisation of services, including data management and reporting, in addition to enabling workers to make more informed and efficient business decisions.

A crucial example is via environmental management, highlighting how AI could be useful in mitigating some of the effects of climate change, as well as facilitating necessary business adaptation. In particular, researchers on Google’s Climate & Energy team have partnered with American Airlines and Breakthrough Energy to work towards developing AI contrail forecast maps to test if pilots can choose routes that avoid creating contrails.

This type of technology could be instrumental in how enterprises and world leaders consider how digital tools can be used with a sustainable objective.

However, there is already the risk of social dangers associated with AI, as it could be used by ‘bad actors’ irresponsibly. There are already reports of bias and unethical systems associated with AI, highlighting how essential it is for businesses to consider responsible use cases of AI, machine learning and GPT models.

In the midst of greater regulations being enforced and companies racing to achieve more sustainable practices, the development and deployment of new AI and machine learning systems in relation to ESG strategies must be ethical in order to benefit businesses.


For more insights into the world of AI - check out the latest edition of AI Magazine and be sure to follow us on LinkedIn & Twitter.

Other magazines that may be of interest - Technology Magazine | Cyber Magazine.

Please also check out our upcoming event - Net Zero LIVE on 6 and 7 March 2024.


BizClik is a global provider of B2B digital media platforms that cover Executive Communities for CEOs, CFOs, CMOs, Sustainability leaders, Procurement & Supply Chain leaders, Technology & AI leaders, Cyber leaders, FinTech & InsurTech leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare and Food.

BizClik – based in London, Dubai, and New York – offers services such as content creation, advertising & sponsorship solutions, webinars & events.


Featured Articles

Upskilling Global Workers in AI with EY’s Beatriz Sanz Saiz

We speak with Beatriz Sanz Saiz, EY Global Consulting Data and AI Leader, about how AI shapes the global workforce and how EY is harnessing ethical AI

Intuitive Machines: NASA's Odysseus bets on Private Company

Discover more about the small private company that landed the first US spacecraft on the moon in 50 years, with NASA continuing to test new technologies

Unveiling Gemma: Google Commits to Open-Model AI & LLMs

Tech giant Google, with Google DeepMind, launches Gemma, consisting of new new state-of-the-art open AI models built for an open community of developers

Sustainability LIVE: Net Zero a Key Event for AI Leaders

AI Strategy

US to Form AI Task Force to Confront AI Threats to Safety

AI Strategy

Wipro to Advance Enterprise Gen AI Adoption with IBM watsonx

AI Strategy