Talk is cheap regarding companies talking up their credentials in Environment Social and Governance (ESG). But artificial intelligence and natural language processing can help identify those who are more serious about it than others.
At U.S.-based fund manager Acadian Asset Management, the firm has developed a tool that uses artificial intelligence and machine learning to rank corporates by the seriousness of their intent.
In the investment world, many fund managers base their decisions on which companies to invest in on how much they disclose about their activities. But this is only part of the story, says Acadian’s director of responsible investing, Andy Moniz.
To get the real picture requires the skills and applications of an investigative journalist. This is impossible to do at scale when assessing a universe of 40,000 investable securities based on their ESG actions and not just their words.
The original article was posted here.
The Boston Global Forum (BGF), in collaboration with the United Nations Centennial Initiative, released a major work entitled Remaking the World – Toward an Age of Global Enlightenment. More than twenty distinguished leaders, scholars, analysts, and thinkers put forth unprecedented approaches to the challenges before us. These include President of the European Commission Ursula von der Leyen, Governor Michael Dukakis, Father of Internet Vint Cerf, Former Secretary of Defense Ash Carter, Harvard University Professors Joseph Nye and Thomas Patterson, MIT Professors Nazli Choucri and Alex ‘Sandy’ Pentland, and Vice President of European Parliament Eva Kaili. The BGF introduced core concepts shaping pathbreaking international initiatives, notably, the Social Contract for the AI Age, an AI International Accord, the Global Alliance for Digital Governance, the AI World Society (AIWS) Ecosystem, and AIWS City.
