How is Generative AI transforming ESG strategies of companies?

How is Generative AI transforming ESG strategies of companies?

Generative AI has the potential to offer transformation opportunities to businesses on their sustainability journey. From ESG reporting to ensuring compliance, from attaining operational efficiencies to gaining relevant insights, Generative AI can help companies chart out a roadmap that is aligned with their ESG ambitions.

In the fifth episode of our ‘Generative AI’ podcast series, we discuss the transformative influence of Generative AI on companies' ESG strategies with Alexy Thomas, Partner, Technology Consulting, EY India. We explore how Generative AI, with its proficiency in processing diverse data, is revolutionizing ESG initiatives, including  helping manage emissions, net zero goals, and navigating complex regulations. 

In conversation with:

Alexy Thomas
EY India Technology Consulting Partner

Key takeaways

  • Generative AI's ability to analyze enormous volumes of data is transforming ESG strategies, enabling precise insights for sustainability decisions.
  • With foundation models that are fine-tuned to ESG contexts, organizations can focus on shaping them to specific sectors or use cases, such as emissions management and navigating diverse regulations.
  • Generative AI acts as a guiding force, aiding companies in achieving net zero goals and optimizing supply chains.
  • Generative AI tools need to be trained on accurate data to avoid skewed or biased results.
Generative AI, with its ability to analyze and interpret data, apply logical rules and constraints, and infer new knowledge from existing knowledge, which is a key component to emerging ESG solutions.
Alexy Thomas
Partner, Technology Consulting, EY India

For your convenience, a full-text transcript of this podcast is also available. Read the transcript

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Podcast

Duration 07m 32s

In this series

(Event List - Manual)

How Generative AI is transforming the Consulting industry

In the podcast episode, Prashant Garg, Technology Consulting Partner at EY India, shares how this groundbreaking technology is revolutionizing data analysis, decision-making, and client engagement, and reshaping internal processes.
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08m 19s

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In the third episode of our ‘Generative AI unplugged’ podcast series, we delve into this fascinating realm of Generative AI and its potential transform healthcare.
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Duration
19m 50s

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Cybersecurity in the age of Generative AI: Solving the ethical dilemma

In the second episode of ‘Generative AI unplugged’ podcast series, Prashant Choudhary, Cybersecurity Partner at EY India shares insights on the ongoing cybersecurity concerns in Generative AI, the ethical dilemma around how and how much of it should be regulated, and what are the possible solutions to address such challenges.
Podcast
Duration
10m 32s

Presenters

From automation to augmentation: The role of Generative AI in shaping the workforce of the future

In our first episode of ‘Generative AI unplugged’ podcast series, we speak to Alpana Dutta, EY EMEIA Culture and People Experience Leader on the transformative impact of Generative AI on workforce.
Podcast
Duration
14m 06s

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