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| Main Authors: | , , , , , , , |
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| Format: | Preprint |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://arxiv.org/abs/2409.10520 |
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| _version_ | 1866912030978473984 |
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| author | Perera, Harsha Lee, Sung Une Liu, Yue Xia, Boming Lu, Qinghua Zhu, Liming Cairns, Jessica Nottage, Moana |
| author_facet | Perera, Harsha Lee, Sung Une Liu, Yue Xia, Boming Lu, Qinghua Zhu, Liming Cairns, Jessica Nottage, Moana |
| contents | As Artificial Intelligence (AI) becomes integral to business operations, integrating Responsible AI (RAI) within Environmental, Social, and Governance (ESG) frameworks is essential for ethical and sustainable AI deployment. This study examines how leading companies align RAI with their ESG goals. Through interviews with 28 industry leaders, we identified a strong link between RAI and ESG practices. However, a significant gap exists between internal RAI policies and public disclosures, highlighting the need for greater board-level expertise, robust governance, and employee engagement. We provide key recommendations to strengthen RAI strategies, focusing on transparency, cross-functional collaboration, and seamless integration into existing ESG frameworks. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2409_10520 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Achieving Responsible AI through ESG: Insights and Recommendations from Industry Engagement Perera, Harsha Lee, Sung Une Liu, Yue Xia, Boming Lu, Qinghua Zhu, Liming Cairns, Jessica Nottage, Moana Computers and Society Artificial Intelligence As Artificial Intelligence (AI) becomes integral to business operations, integrating Responsible AI (RAI) within Environmental, Social, and Governance (ESG) frameworks is essential for ethical and sustainable AI deployment. This study examines how leading companies align RAI with their ESG goals. Through interviews with 28 industry leaders, we identified a strong link between RAI and ESG practices. However, a significant gap exists between internal RAI policies and public disclosures, highlighting the need for greater board-level expertise, robust governance, and employee engagement. We provide key recommendations to strengthen RAI strategies, focusing on transparency, cross-functional collaboration, and seamless integration into existing ESG frameworks. |
| title | Achieving Responsible AI through ESG: Insights and Recommendations from Industry Engagement |
| topic | Computers and Society Artificial Intelligence |
| url | https://arxiv.org/abs/2409.10520 |