target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Conference Proceeding: Tech Supplier - Doc Document number: # DIR2024_LL1_BS
Sustainable AI and AI for Sustainability — Leveraging the Upside While Mitigating the Risks of Artificial Intelligence to Accelerate Sustainable Transformation
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Abstract
These event proceedings were presented at the IDC Directions conferences in Boston and San Jose in March and April 2024.
Artificial intelligence (AI) has a tremendous potential to accelerate organizations' sustainable transformation journeys and create business value by helping them automate their ESG data collection, increase the accuracy of their reporting, improve operational efficiencies, and anticipate and respond to supply chain risks. However, the use of AI also poses risks that can harm their ESG performance, compliance, and trustworthiness (e.g., if algorithm bias leads to unfair or unethical decision-making.)
As organizations implement artificial intelligence into their operations, they need to be strategic about the sustainability-related use cases that generate the most significant financial and nonfinancial ROI and aware of the industry-specific risks that this technology can pose. This Lunch & Learn session highlights current market trends and research findings in the context of IDC's sustainable transformation and maturity research.