How AI can help accelerate the pace of change

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data-cmp-data-layer="{"navigation-ceed4cbd73-item-3c91fed823":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:02:09Z","dc:title":"Transaction Strategy and Execution","xdm:linkURL":"/en_gl/services/strategy/transaction-strategy-execution"}}"> <a href="/en_gl/services/strategy/transaction-strategy-execution" data-cmp-clickable class="cmp-navigation__item-link">Transaction Strategy and Execution</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-320b302877":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:02:09Z","dc:title":"Restructuring and Turnaround Strategy Consulting","xdm:linkURL":"/en_gl/services/strategy/restructuring-turnaround-strategy"}}"> <a href="/en_gl/services/strategy/restructuring-turnaround-strategy" data-cmp-clickable class="cmp-navigation__item-link">Restructuring and Turnaround Strategy Consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-00c2382d3a":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:02:09Z","dc:title":"Sector Strategy","xdm:linkURL":"/en_gl/services/strategy/industry-strategy"}}"> <a href="/en_gl/services/strategy/industry-strategy" data-cmp-clickable class="cmp-navigation__item-link">Sector Strategy</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-569c9b91fb":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:02:09Z","dc:title":"Digital strategy consulting","xdm:linkURL":"/en_gl/services/strategy/digital-strategy-consulting"}}"> <a href="/en_gl/services/strategy/digital-strategy-consulting" data-cmp-clickable class="cmp-navigation__item-link">Digital strategy consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7381abe587":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:02:09Z","dc:title":"Commercial Strategy Consulting","xdm:linkURL":"/en_gl/services/strategy/commercial-strategy-consulting"}}"> <a href="/en_gl/services/strategy/commercial-strategy-consulting" data-cmp-clickable class="cmp-navigation__item-link">Commercial Strategy Consulting</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-21fe01014f":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:55:45Z","dc:title":"Consulting","xdm:linkURL":"/en_gl/services/consulting"}}"> <a href="/en_gl/services/consulting" data-cmp-clickable class="cmp-navigation__item-link">Consulting</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" 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data-cmp-data-layer="{"navigation-ceed4cbd73-item-a58aa9b6c9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:56:53Z","dc:title":"HR Transformation Services ","xdm:linkURL":"/en_gl/services/workforce/hr-transformation"}}"> <a href="/en_gl/services/workforce/hr-transformation" data-cmp-clickable class="cmp-navigation__item-link">HR Transformation Services </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-886cb06a9f":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:56:53Z","dc:title":"Integrated workforce mobility","xdm:linkURL":"/en_gl/services/workforce/integrated-workforce-mobility"}}"> <a href="/en_gl/services/workforce/integrated-workforce-mobility" data-cmp-clickable class="cmp-navigation__item-link">Integrated workforce mobility</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-9ba3142dbd":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:56:53Z","dc:title":"Learning and development consulting","xdm:linkURL":"/en_gl/services/workforce/learning-development-advisory"}}"> <a href="/en_gl/services/workforce/learning-development-advisory" data-cmp-clickable class="cmp-navigation__item-link">Learning and development consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-628f9e42a0":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:56:53Z","dc:title":"Recognition and reward advisory","xdm:linkURL":"/en_gl/services/workforce/recognition-reward-advisory"}}"> <a href="/en_gl/services/workforce/recognition-reward-advisory" data-cmp-clickable class="cmp-navigation__item-link">Recognition and reward advisory</a> </li> <li class="cmp-navigation__item 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data-cmp-data-layer="{"navigation-ceed4cbd73-item-e9ce969f0b":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:09Z","dc:title":"Sustainability and ESG Strategy Consulting","xdm:linkURL":"/en_gl/services/strategy-transactions/sustainability-esg-strategy"}}"> <a href="/en_gl/services/strategy-transactions/sustainability-esg-strategy" data-cmp-clickable class="cmp-navigation__item-link">Sustainability and ESG Strategy Consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-24dbc44352":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:09Z","dc:title":"M&A Advisory Services","xdm:linkURL":"/en_gl/services/strategy-transactions/buy-integrate"}}"> <a href="/en_gl/services/strategy-transactions/buy-integrate" data-cmp-clickable class="cmp-navigation__item-link">M&A Advisory Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-5609fb397d":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:09Z","dc:title":"M&A integration","xdm:linkURL":"/en_gl/services/strategy-transactions/mergers-acquisitions-integration"}}"> <a href="/en_gl/services/strategy-transactions/mergers-acquisitions-integration" data-cmp-clickable class="cmp-navigation__item-link">M&A integration</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-46404097aa":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:09Z","dc:title":"Connected Capital Technologies: M&A technology solutions","xdm:linkURL":"/en_gl/services/strategy-transactions/connected-capital-technologies"}}"> <a href="/en_gl/services/strategy-transactions/connected-capital-technologies" data-cmp-clickable class="cmp-navigation__item-link">Connected Capital 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class="cmp-navigation__item-link">Capital allocation</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-43ef2bdb83":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:55:45Z","dc:title":"Assurance","xdm:linkURL":"/en_gl/services/assurance"}}"> <a href="/en_gl/services/assurance" data-cmp-clickable class="cmp-navigation__item-link">Assurance</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-107a5d1c01":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:03:32Z","dc:title":"Audit","xdm:linkURL":"/en_gl/services/audit"}}"> <a href="/en_gl/services/audit" data-cmp-clickable class="cmp-navigation__item-link">Audit</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-61c5a20a51":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:03:32Z","dc:title":"Climate change and sustainability services","xdm:linkURL":"/en_gl/services/climate-change-sustainability-services"}}"> <a href="/en_gl/services/climate-change-sustainability-services" data-cmp-clickable class="cmp-navigation__item-link">Climate change and sustainability services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-46e33f3be7":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:03:32Z","dc:title":"Financial accounting advisory services","xdm:linkURL":"/en_gl/services/financial-accounting-advisory-services"}}"> <a href="/en_gl/services/financial-accounting-advisory-services" data-cmp-clickable class="cmp-navigation__item-link">Financial accounting advisory services</a> </li> <li 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data-cmp-data-layer="{"navigation-ceed4cbd73-item-cc91b8d1c9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:07:58Z","dc:title":"Legal services","xdm:linkURL":"/en_gl/services/law/sustainability-legal-services"}}"> <a href="/en_gl/services/law/sustainability-legal-services" data-cmp-clickable class="cmp-navigation__item-link">Legal services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-248d6b0443":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:07:59Z","dc:title":"Global renewables","xdm:linkURL":"/en_gl/industries/energy-resources/global-renewables"}}"> <a href="/en_gl/industries/energy-resources/global-renewables" data-cmp-clickable class="cmp-navigation__item-link">Global renewables</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" 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cmp-navigation__item--level-0" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a711b170d9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:55:02Z","dc:title":"Industries","xdm:linkURL":"/en_gl/industries"}}"> <a href="/en_gl/industries" data-cmp-clickable class="cmp-navigation__item-link">Industries</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-6f5335b909":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Advanced manufacturing and mobility","xdm:linkURL":"/en_gl/industries/advanced-manufacturing"}}"> <a href="/en_gl/industries/advanced-manufacturing" data-cmp-clickable class="cmp-navigation__item-link">Advanced manufacturing and mobility</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-8df798bc9d":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Aerospace and defense","xdm:linkURL":"/en_gl/industries/aerospace-defense"}}"> <a href="/en_gl/industries/aerospace-defense" data-cmp-clickable class="cmp-navigation__item-link">Aerospace and defense</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-33c0310542":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Automotive","xdm:linkURL":"/en_gl/industries/automotive"}}"> <a href="/en_gl/industries/automotive" data-cmp-clickable class="cmp-navigation__item-link">Automotive</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-b8735ef4af":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Chemicals and advanced materials","xdm:linkURL":"/en_gl/industries/chemicals"}}"> <a href="/en_gl/industries/chemicals" data-cmp-clickable class="cmp-navigation__item-link">Chemicals and advanced materials</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-c58dadeab7":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"EY-Nottingham spirk innovation hub","xdm:linkURL":"/en_gl/ey-nottingham-spirk-innovation-hub"}}"> <a href="/en_gl/ey-nottingham-spirk-innovation-hub" data-cmp-clickable class="cmp-navigation__item-link">EY-Nottingham spirk innovation hub</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a1c590b33f":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Future mobility","xdm:linkURL":"/en_gl/insights/emobility"}}"> <a href="/en_gl/insights/emobility" data-cmp-clickable class="cmp-navigation__item-link">Future mobility</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-a1033e8ac2":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Industrial products","xdm:linkURL":"/en_gl/industries/industrial-products"}}"> <a href="/en_gl/industries/industrial-products" data-cmp-clickable class="cmp-navigation__item-link">Industrial products</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-461fdabb34":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Mobility lens suite","xdm:linkURL":"/en_gl/industries/automotive/mobility-lens-suite"}}"> <a href="/en_gl/industries/automotive/mobility-lens-suite" data-cmp-clickable class="cmp-navigation__item-link">Mobility lens suite</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-ae2158beb5":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:59:44Z","dc:title":"Transportation","xdm:linkURL":"/en_gl/industries/transportation"}}"> <a href="/en_gl/industries/transportation" data-cmp-clickable class="cmp-navigation__item-link">Transportation</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-3aad2571ee":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Consumer","xdm:linkURL":"/en_gl/industries/consumer-products-retail"}}"> <a href="/en_gl/industries/consumer-products-retail" data-cmp-clickable class="cmp-navigation__item-link">Consumer</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-0538fd2795":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:34:39Z","dc:title":"Consumer products","xdm:linkURL":"/en_gl/industries/consumer-products"}}"> <a href="/en_gl/industries/consumer-products" data-cmp-clickable class="cmp-navigation__item-link">Consumer products</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7bcce8840e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"Retail","xdm:linkURL":"/en_gl/industries/retail"}}"> <a href="/en_gl/industries/retail" data-cmp-clickable class="cmp-navigation__item-link">Retail</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-c4dbf550ec":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"The future consumer ","xdm:linkURL":"/en_gl/future-consumer-index"}}"> <a href="/en_gl/future-consumer-index" data-cmp-clickable class="cmp-navigation__item-link">The future consumer </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-d8fbca8523":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-02-12T06:37:06Z","dc:title":"Sustainability","xdm:linkURL":"/en_gl/industries/sustainability-consumer-products-retail"}}"> <a href="/en_gl/industries/sustainability-consumer-products-retail" data-cmp-clickable class="cmp-navigation__item-link">Sustainability</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-24009efe4c":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Energy and resources","xdm:linkURL":"/en_gl/industries/energy-resources"}}"> <a href="/en_gl/industries/energy-resources" data-cmp-clickable class="cmp-navigation__item-link">Energy and resources</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7bf73bb176":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:38Z","dc:title":"Customer experience transformation","xdm:linkURL":"/en_gl/industries/energy-resources/customer-experience-transformation"}}"> <a href="/en_gl/industries/energy-resources/customer-experience-transformation" data-cmp-clickable class="cmp-navigation__item-link">Customer experience transformation</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-8c061850b6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:13Z","dc:title":"Digital grid services","xdm:linkURL":"/en_gl/industries/energy-resources/power-utilities-digital-grid-services"}}"> <a href="/en_gl/industries/energy-resources/power-utilities-digital-grid-services" data-cmp-clickable class="cmp-navigation__item-link">Digital grid services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-0e1f52eef9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:58Z","dc:title":"Digital mine","xdm:linkURL":"/en_gl/industries/energy-resources/mining-metals-digital-mine"}}"> <a href="/en_gl/industries/energy-resources/mining-metals-digital-mine" data-cmp-clickable class="cmp-navigation__item-link">Digital mine</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7e8ce6d4b3":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Digital navigator for mining","xdm:linkURL":"/en_gl/industries/energy-resources/mining-metals-digital-navigator"}}"> <a href="/en_gl/industries/energy-resources/mining-metals-digital-navigator" data-cmp-clickable class="cmp-navigation__item-link">Digital navigator for mining</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7e0567cf40":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-11T13:08:58Z","dc:title":"Digital operations services for oil and gas","xdm:linkURL":"/en_gl/industries/oil-gas/digital-operation-services"}}"> <a href="/en_gl/industries/oil-gas/digital-operation-services" data-cmp-clickable class="cmp-navigation__item-link">Digital operations services for oil and gas</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-5f76302636":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Energy industry cloud for SAP solutions","xdm:linkURL":"/en_gl/alliances/sap/energy-industry-cloud-sap-solutions"}}"> <a href="/en_gl/alliances/sap/energy-industry-cloud-sap-solutions" data-cmp-clickable class="cmp-navigation__item-link">Energy industry cloud for SAP solutions</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-d096544977":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Global renewables","xdm:linkURL":"/en_gl/industries/energy-resources/global-renewables"}}"> <a href="/en_gl/industries/energy-resources/global-renewables" data-cmp-clickable class="cmp-navigation__item-link">Global renewables</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-b720a52ce3":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"Energy and Resources Strategy Consulting","xdm:linkURL":"/en_gl/industries/energy-resources/strategy-consulting"}}"> <a href="/en_gl/industries/energy-resources/strategy-consulting" data-cmp-clickable class="cmp-navigation__item-link">Energy and Resources Strategy Consulting</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-80a79318f8":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-03-12T11:51:39Z","dc:title":"UtilityWave","xdm:linkURL":"/en_gl/industries/energy-resources/power-utilities-utilitywave"}}"> <a href="/en_gl/industries/energy-resources/power-utilities-utilitywave" data-cmp-clickable class="cmp-navigation__item-link">UtilityWave</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7f5c8b67b6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Financial services","xdm:linkURL":"/en_gl/industries/financial-services"}}"> <a href="/en_gl/industries/financial-services" data-cmp-clickable class="cmp-navigation__item-link">Financial services</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-97a0189e72":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Banking and capital markets","xdm:linkURL":"/en_gl/industries/banking-capital-markets"}}"> <a href="/en_gl/industries/banking-capital-markets" data-cmp-clickable class="cmp-navigation__item-link">Banking and capital markets</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-245409e87c":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Insurance","xdm:linkURL":"/en_gl/industries/insurance"}}"> <a href="/en_gl/industries/insurance" data-cmp-clickable class="cmp-navigation__item-link">Insurance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-edc513c73e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Wealth and asset management","xdm:linkURL":"/en_gl/industries/wealth-asset-management"}}"> <a href="/en_gl/industries/wealth-asset-management" data-cmp-clickable class="cmp-navigation__item-link">Wealth and asset management</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-00f5b32aa5":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Sustainable finance","xdm:linkURL":"/en_gl/insights/sustainability-financial-services"}}"> <a href="/en_gl/insights/sustainability-financial-services" data-cmp-clickable class="cmp-navigation__item-link">Sustainable finance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-f72572016e":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:31Z","dc:title":"Fintech and ecosystems","xdm:linkURL":"/en_gl/industries/banking-capital-markets/fintech-ecosystems"}}"> <a href="/en_gl/industries/banking-capital-markets/fintech-ecosystems" data-cmp-clickable class="cmp-navigation__item-link">Fintech and ecosystems</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-2af7c3dbff":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Government and infrastructure ","xdm:linkURL":"/en_gl/industries/government-public-sector"}}"> <a href="/en_gl/industries/government-public-sector" data-cmp-clickable class="cmp-navigation__item-link">Government and infrastructure </a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item 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data-cmp-data-layer="{"navigation-ceed4cbd73-item-eed422f4d9":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Human services","xdm:linkURL":"/en_gl/industries/government-public-sector/human-social-services"}}"> <a href="/en_gl/industries/government-public-sector/human-social-services" data-cmp-clickable class="cmp-navigation__item-link">Human services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-6bcf906acb":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Infrastructure","xdm:linkURL":"/en_gl/insights/infrastructure"}}"> <a href="/en_gl/insights/infrastructure" data-cmp-clickable class="cmp-navigation__item-link">Infrastructure</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-7da879ab13":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:00:48Z","dc:title":"Public finance management","xdm:linkURL":"/en_gl/industries/government-public-sector/blockchain"}}"> <a href="/en_gl/industries/government-public-sector/blockchain" data-cmp-clickable class="cmp-navigation__item-link">Public finance management</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-2f3b07f7e2":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Health","xdm:linkURL":"/en_gl/industries/health"}}"> <a href="/en_gl/industries/health" data-cmp-clickable class="cmp-navigation__item-link">Health</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-20a200b2b0":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:01Z","dc:title":"Health","xdm:linkURL":"/en_gl/industries/health"}}"> <a href="/en_gl/industries/health" data-cmp-clickable class="cmp-navigation__item-link">Health</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-985dee20c6":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:01Z","dc:title":"Life Sciences","xdm:linkURL":"/en_gl/industries/life-sciences"}}"> <a href="/en_gl/industries/life-sciences" data-cmp-clickable class="cmp-navigation__item-link">Life Sciences</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{"navigation-ceed4cbd73-item-4f45fbe4b7":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T15:57:28Z","dc:title":"Private equity","xdm:linkURL":"/en_gl/industries/private-equity"}}"> <a href="/en_gl/industries/private-equity" data-cmp-clickable class="cmp-navigation__item-link">Private equity</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-cb1fc21a40":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:16Z","dc:title":"Digital in private equity ","xdm:linkURL":"/en_gl/industries/private-equity/digital"}}"> <a href="/en_gl/industries/private-equity/digital" data-cmp-clickable class="cmp-navigation__item-link">Digital in private equity </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{"navigation-ceed4cbd73-item-dc7e962e07":{"@type":"ey-unified-site/components/navigation/item","repo:modifyDate":"2024-01-22T16:01:16Z","dc:title":"Exit readiness","xdm:linkURL":"/en_gl/industries/private-equity/exit-readiness-ipo"}}"> <a 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data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Highlights<br /> </h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div 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data-cmp-data-layer="{"rich-text-913f121ef6":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2025-02-13T13:32:44Z","xdm:text":"<p><br>\r\n<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/media/podcasts.\">EY podcasts</a><br>\r\n<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/media/webcasts.html\">EY webcasts</a><br>\r\n<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/case-studies.html\">Case studies</a><br>\r\n</p>\r\n"}}" id="rich-text-2fbb9aae20bb" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div 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data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Services</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-49d6bf022b":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-03T11:26:09Z","xdm:text":"<p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.</p>\r\n"}}" id="rich-text-46bb51353217" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-2" class="cmp-container"> <div class="button"> <a id="button-6e534ece57c1" class="up-button cmp-button " href="/en_gl/services" aria-label="Explore Services" data-cmp-clickable data-up-is="button" 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href=\"https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting\">Strategy, transaction and transformation consulting</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/consulting/technology-transformation.html\">Technology transformation</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/tax-function-operations.html\">Tax function operations</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/services/climate-change-sustainability-services.html\">Climate change and sustainability services</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ecosystems.html\">EY Ecosystems</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/industries/financial-services/business-transformation-platform.html\">EY Nexus: business transformation platform</a></p>\r\n"}}" id="rich-text-fb318ffd120a" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="/en_gl/services/ai/platform">EY.ai - A unifying platform</a></p> <p><a href="https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting">Strategy, transaction and transformation consulting</a></p> <p><a href="/en_gl/services/consulting/technology-transformation">Technology transformation</a></p> <p><a href="/en_gl/services/tax-function-operations">Tax function operations</a></p> <p><a href="/en_gl/services/climate-change-sustainability-services">Climate change and sustainability services</a></p> <p><a href="/en_gl/ecosystems">EY Ecosystems</a></p> <p><a href="/en_gl/industries/financial-services/business-transformation-platform">EY Nexus: business transformation platform</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="container-a6cf0ccb8e" 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button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-4" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-c6052d793a":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-10T11:08:01Z","xdm:text":"<p>We bring together extraordinary people, like you, to build a better working world.</p>\r\n"}}" id="rich-text-fcc1536cce8e" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn 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href=\"https://careers.ey.com/ey\">Experienced professionals</a></p>\r\n<p><a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/careers/parthenon.html\">EY-Parthenon careers</a></p>\r\n<p><a href=\"https://eyglobal.yello.co/job_boards/c1riT--B2O-KySgYWsZO1Q?locale=en\">Student and entry level programs</a></p>\r\n<p><a href=\"https://careers.ey.com/ey/lp/TC/f7abb34d58e4b33e/?locale=en_US\">Talent community</a></p>\r\n"}}" id="rich-text-2947bfa4f483" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div 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class="container responsivegrid"> <div id="container-19ed833f12" class="cmp-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-5" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-5" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-5" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{"rich-text-4a227c7bdd":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-19T11:49:41Z","xdm:text":"<h3>About us</h3>\r\n"}}" id="rich-text-c6e1d6c447c8" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to 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3600w,/adobe/dynamicmedia/deliver/dm-aid--884261aa-e989-4c97-8cc1-91c8fd63a321/ey-ai-rear-view-of-little-asian-girl-walking-through-corn-field-frame.png?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="ey ai rear view of little asian girl walking through corn field frame" title="Rear view of little Asian girl walking through corn field"/> <meta itemprop="caption" content="Rear view of little Asian girl walking through corn field"/> </div> </div> </div> </div> </div> <div class="better-question__gradient"></div> <div class="better-question__copy"> <div class="better-question__content"> <h1 class="better-question__title"> How can AI help us accelerate the pace of change the world needs? </h1>  <div class="better-question__char-animation" aria-hidden="true" data-nosnippet><span class="better-question__char">H</span><span class="better-question__char">o</span><span class="better-question__char">w</span><span class="better-question__char"> </span><span class="better-question__char">c</span><span class="better-question__char">a</span><span class="better-question__char">n</span><span class="better-question__char"> </span><span class="better-question__char">A</span><span class="better-question__char">I</span><span class="better-question__char"> </span><span class="better-question__char">h</span><span class="better-question__char">e</span><span class="better-question__char">l</span><span class="better-question__char">p</span><span class="better-question__char"> </span><span class="better-question__char">u</span><span class="better-question__char">s</span><span class="better-question__char"> </span><span class="better-question__char">a</span><span class="better-question__char">c</span><span class="better-question__char">c</span><span class="better-question__char">e</span><span class="better-question__char">l</span><span class="better-question__char">e</span><span class="better-question__char">r</span><span class="better-question__char">a</span><span class="better-question__char">t</span><span class="better-question__char">e</span><span class="better-question__char"> </span><span class="better-question__char">t</span><span class="better-question__char">h</span><span class="better-question__char">e</span><span class="better-question__char"> </span><span class="better-question__char">p</span><span class="better-question__char">a</span><span class="better-question__char">c</span><span class="better-question__char">e</span><span class="better-question__char"> </span><span class="better-question__char">o</span><span class="better-question__char">f</span><span class="better-question__char"> </span><span class="better-question__char">c</span><span class="better-question__char">h</span><span class="better-question__char">a</span><span class="better-question__char">n</span><span class="better-question__char">g</span><span class="better-question__char">e</span><span class="better-question__char"> </span><span class="better-question__char">t</span><span class="better-question__char">h</span><span class="better-question__char">e</span><span class="better-question__char"> </span><span class="better-question__char">w</span><span class="better-question__char">o</span><span class="better-question__char">r</span><span class="better-question__char">l</span><span class="better-question__char">d</span><span class="better-question__char"> </span><span class="better-question__char">n</span><span class="better-question__char">e</span><span class="better-question__char">e</span><span class="better-question__char">d</span><span class="better-question__char">s</span><span class="better-question__char">?</span></div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid aem-GridColumn aem-GridColumn--default--12"> <div 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data-up-is="authors-and-contributors"> <p class="up-authors-and-contributors__multiple-author-title"> Authors </p> <ul class="up-authors-and-contributors__author-links"> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Amy Brachio" href="/en_gl/people/amy-brachio"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Amy Brachio </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Global Vice Chair - Sustainability </p> </li> <li class="up-authors-and-contributors__author-link-container"> <a class="up-authors-and-contributors__author-link up-authors-and-contributors__analytics-author-link" aria-label="Sheri Hinish" href="/en_gl/people/sheri-hinish"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-name-container up-authors-and-contributors__author-name-container--is-multiple"> Sheri Hinish </div> </figure> </a> <p class="up-authors-and-contributors__author-title"> EY Global Consulting Sustainability, Technology and Ecosystems Leader </p> </li> </ul> <div class="up-authors-and-contributors__contributors"> <p class="up-authors-and-contributors__contributors-title"> Contributors </p> <ul class="up-authors-and-contributors__contributors-links"> <li class="up-authors-and-contributors__contributor-link-container"> <a class="up-authors-and-contributors__contributor-link" href="/en_gl/people/john-de-yonge"> John de Yonge</a> </li> </ul> </div> </div> </div> <div class="displaymetadata aem-GridColumn aem-GridColumn--default--11"><div> <div class="up-display-metadata-utility"> <span class="up-display-metadata-utility__content"> 25 minute read </span> <span class="up-display-metadata-utility__content"> 05 Dec 2023 </span> </div> </div> </div> <div class="surfaceTags aem-GridColumn aem-GridColumn--default--11"> <div data-cmp-data-layer="{"surfaceTags-4bb8925c7a":{"@type":"ey-unified-site/components/surfaceTags","repo:modifyDate":"2023-09-29T10:47:17Z"}}" data-analytics-category="Surface Tags" class="up-surface-tags"> <span class="up-surface-tags__topic-title" data-analytics-label> Related topics </span> <div class="up-surface-tags__topic-items"> <div class="up-surface-tags__topic-items-item"> <a class="cmp-button" data-analytics-link-click href="/en_gl/services/ai"> <span data-analytics-action-value class="cmp-button__text">AI</span> </a> </div> <div class="up-surface-tags__topic-items-item"> <a class="cmp-button" data-analytics-link-click href="/en_gl/services/sustainability"> <span data-analytics-action-value class="cmp-button__text">Sustainability</span> </a> </div> <div class="up-surface-tags__topic-items-item"> <a class="cmp-button" data-analytics-link-click href="/en_gl/cop"> <span data-analytics-action-value class="cmp-button__text">COP</span> </a> </div> </div> </div> </div> <div class="upSocialUtilityBar component aem-GridColumn aem-GridColumn--default--11"> <div data-up-resolved-path="https://www.ey.com/en_gl/insights/sustainability/how-can-ai-help-us-accelerate-the-pace-of-change-the-world-needs" data-up-is="social-utility-bar" class="up-social-utility-bar" data-analytics-category="Social Utility Bar" data-cmp-data-layer="{"up-social-utility-bar-675a72afb2":{"@type":"ey-unified-site/components/up-social-utility-bar","repo:modifyDate":"2023-09-29T06:32:36Z"}}" data-up-translation-link-copied-text="link copied to clipboard" data-up-translation-link-copy-text="Copy"> <ul class="up-social-utility-bar__list"> <li class="up-social-utility-bar__item"> <a class="up-social-utility-bar__cta" data-type-share data-analytics-event-label="SocialShare: <Facebook>" data-up-hook-social-utility-bar="[socialLinks]" href="#" 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class="up-social-utility-bar__cta-text">Twitter</span> </a> </li> <li class="up-social-utility-bar__item"> <a class="up-social-utility-bar__cta" data-type-share data-analytics-event-label="SocialShare: <LinkedIn>" data-up-hook-social-utility-bar="[socialLinks]" href="#" data-url-pattern="http://www.linkedin.com/shareArticle?mini=true&url={url}&title={title}" target="_blank" aria-label="LinkedIn" title="LinkedIn" rel="noopener noreferrer"> <span aria-hidden="true" class="up-social-utility-bar__cta-icon--mask" style="--social-utility-bar-icon-url: url('\2f content\2f dam\2f ey-unified-site\2ficon\2fic_linkedin.svg')"></span> <span class="up-social-utility-bar__cta-text">LinkedIn</span> </a> </li> <li class="up-social-utility-bar__item"> <button class="up-social-utility-bar__cta up-social-utility-bar__cta--copy" title="Copy" data-up-hook-social-utility-bar="copy" aria-label="Copy" data-analytics-event-label="SocialShare:< Copy >"> <span class="up-social-utility-bar__cta-icon" aria-hidden="true"></span> </button> <span class="up-social-utility-bar__copied-link-popup" data-up-hook-social-utility-bar="linkCopied">Link Copied</span> </li> </ul> </div> </div> </div> </div> </div> <div class="left-container container responsivegrid up-two-columns__left-container-bottom"> <div id="left-container-6bcee2c4dc" class="cmp-container"> <div class="aem-Grid aem-Grid--11 aem-Grid--default--11 "> </div> </div> </div> </div> <div class="parsys up-two-columns__right-container"><div class="rich-text text section"><div data-cmp-data-layer="{"rich-text-6e33257035":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-03-03T18:35:02Z","xdm:text":"<h4><span class=\"copy-block\">Realizing AI’s potential for sustainable value creation requires building confidence, taking a holistic approach and augmenting people potential.</span></h4>\r\n"}}" id="rich-text-6e33257035e5" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Realizing AI’s potential for sustainable value creation requires building confidence, taking a holistic approach and augmenting people potential.</span></h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator cmp-separator--horizontal-rule cmp-separator--half-size section"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text section"><div data-cmp-data-layer="{"rich-text-115bef1959":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-31T16:30:12Z","xdm:text":"<p><span class=\"copy-block\"><b>In brief</b></span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Stakeholders must have confidence in AI as an exponential technology for good, and not experience it as an accelerator of unsustainable practices.</span></li>\r\n<li><span class=\"copy-block\">With AI, business leaders can address the pace, scale and complexity of change and take bold steps on sustainability with confidence.</span></li>\r\n<li><span class=\"copy-block\">GenAI democratizes access to data and insights, giving everyone augmented potential to drive and accelerate sustainable change.</span></li>\r\n</ul>\r\n"}}" id="rich-text-115bef195966" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><b>In brief</b></span></p> <ul><li><span class="copy-block">Stakeholders must have confidence in AI as an exponential technology for good, and not experience it as an accelerator of unsustainable practices.</span></li><li><span class="copy-block">With AI, business leaders can address the pace, scale and complexity of change and take bold steps on sustainability with confidence.</span></li><li><span class="copy-block">GenAI democratizes access to data and insights, giving everyone augmented potential to drive and accelerate sustainable change.</span></li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator cmp-separator--horizontal-rule cmp-separator--half-size section"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text section"><div data-cmp-data-layer="{"rich-text-71f58e301c":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-31T16:24:57Z","xdm:text":"<p><span class=\"copy-block\"><span class=\"drop-cap\">T</span>he central challenge of sustainability is one of time, scale and complexity. Human-caused disruptions in Earth’s natural systems are reaching tipping points of exponential change and cascading impacts. Yet, the global response has been incremental, and we are falling behind – collectively, organizationally and individually. How can we close the gap?</span></p>\r\n<p><span class=\"copy-block\">Artificial intelligence (AI) can catalyze the acceleration of needed sustainability responses across complex natural, economic and social systems. It can help us act at the necessary pace and scale by augmenting the human ability to learn, analyze, innovate, predict and decide – exponentially.</span></p>\r\n<p><span class=\"copy-block\">AI can be interwoven in our approach to problems across the spectrum of our sustainability challenges, not as a singular solution but to complement broader systems change.&nbsp;</span></p>\r\n"}}" id="rich-text-71f58e301ca4" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><span class="drop-cap">T</span>he central challenge of sustainability is one of time, scale and complexity. Human-caused disruptions in Earth’s natural systems are reaching tipping points of exponential change and cascading impacts. Yet, the global response has been incremental, and we are falling behind – collectively, organizationally and individually. How can we close the gap?</span></p> <p><span class="copy-block">Artificial intelligence (AI) can catalyze the acceleration of needed sustainability responses across complex natural, economic and social systems. It can help us act at the necessary pace and scale by augmenting the human ability to learn, analyze, innovate, predict and decide – exponentially.</span></p> <p><span class="copy-block">AI can be interwoven in our approach to problems across the spectrum of our sustainability challenges, not as a singular solution but to complement broader systems change. </span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upAccordion component section"> <div id="accordion-c0b1f02ed0" class="up-accordion" data-up-is="accordion" data-up-single-expansion data-placeholder-text="false"> <ul class="up-accordion__list"> <li data-up-hook-accordion="[items]" id="accordion-c0b1f02ed0-item-343a570942" class="up-accordion__item"> <h3 class="up-accordion__header"> <button id="accordion-c0b1f02ed0-item-343a570942-button" class="up-accordion__header-button" aria-controls="accordion-c0b1f02ed0-item-343a570942-panel" aria-expanded="false" data-up-hook-accordion="[buttons]"> <span class="up-accordion__header-button-title">Artificial intelligence and generative AI</span> <span class="up-accordion__header-button-icon"> </span> </button> </h3> <div data-up-hook-accordion="[panels]" id="accordion-c0b1f02ed0-item-343a570942-panel" class="up-accordion__panel" role="region" aria-labelledby="accordion-c0b1f02ed0-item-343a570942-button" aria-hidden="true" inert><div class="container responsivegrid"> <div id="container-343a570942" class="cmp-container"> <div class="aem-Grid aem-Grid--8 aem-Grid--default--8 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--8"><div data-cmp-data-layer="{"rich-text-e9ab792a21":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T13:27:33Z","xdm:text":"<p><span class=\"copy-block\">In this article, we refer to both AI and generative AI (GenAI).</span></p>\r\n<p><span class=\"copy-block\">AI is a broad term for a set of technologies that develop or simulate intelligence in machines, including by performing tasks that traditionally required human intelligence. GenAI is a subset of AI, referring to a specific category of models capable of generating new and original content, including text, images, video and music.</span></p>\r\n<p><span class=\"copy-block\">Although in existence for decades, AI has been accessible only to experts until recently. GenAI opens a range of new possibilities because it provides intuitive access to underlying AI technologies, democratizing the ability to use AI to create content and novel insights, and arrive at better decisions faster.&nbsp;</span></p>\r\n"}}" id="rich-text-e9ab792a21ed" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">In this article, we refer to both AI and generative AI (GenAI).</span></p> <p><span class="copy-block">AI is a broad term for a set of technologies that develop or simulate intelligence in machines, including by performing tasks that traditionally required human intelligence. GenAI is a subset of AI, referring to a specific category of models capable of generating new and original content, including text, images, video and music.</span></p> <p><span class="copy-block">Although in existence for decades, AI has been accessible only to experts until recently. GenAI opens a range of new possibilities because it provides intuitive access to underlying AI technologies, democratizing the ability to use AI to create content and novel insights, and arrive at better decisions faster. </span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </li> </ul> </div> </div> <div class="rich-text text section"><div data-cmp-data-layer="{"rich-text-dc05fe4827":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-04T14:30:48Z","xdm:text":"<p><span class=\"copy-block\">But to realize AI’s full potential for sustainable value creation requires intention. As we discuss in the EY&nbsp;<a href=\"https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/ai/ey-ai-external-pov-v2.pdf\" target=\"_self\">foundational point of view on AI</a>,&nbsp;addressing the risks and opportunities of the technology to ensure AI is a force for good demands responsible leadership from the industry developing it, the businesses deploying it and the policy governing it.</span></p>\r\n<p><span class=\"copy-block\">Our intent in sharing this point of view is not to focus on specific elements of AI or deeply explore underlying technologies. Rather, we suggest and evidence that three key dimensions will allow leaders to make bold moves confidently and responsibly with AI to respond to sustainability value creation opportunities and risks:</span></p>\r\n<ol>\r\n<li><span class=\"copy-block\">Building confidence in AI by developing and deploying it sustainably</span></li>\r\n<li><span class=\"copy-block\">Creating exponential value through a holistic AI approach to sustainability</span></li>\r\n<li><span class=\"copy-block\">Augmenting people potential to democratize action on sustainability&nbsp;</span></li>\r\n</ol>\r\n"}}" id="rich-text-dc05fe482777" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">But to realize AI’s full potential for sustainable value creation requires intention. As we discuss in the EY <a href="https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/ai/ey-ai-external-pov-v2.pdf" target="_self" rel="noopener noreferrer">foundational point of view on AI</a>, addressing the risks and opportunities of the technology to ensure AI is a force for good demands responsible leadership from the industry developing it, the businesses deploying it and the policy governing it.</span></p> <p><span class="copy-block">Our intent in sharing this point of view is not to focus on specific elements of AI or deeply explore underlying technologies. Rather, we suggest and evidence that three key dimensions will allow leaders to make bold moves confidently and responsibly with AI to respond to sustainability value creation opportunities and risks:</span></p> <ol><li><span class="copy-block">Building confidence in AI by developing and deploying it sustainably</span></li><li><span class="copy-block">Creating exponential value through a holistic AI approach to sustainability</span></li><li><span class="copy-block">Augmenting people potential to democratize action on sustainability </span></li></ol> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upAccordion component section"> <div id="accordion-c7a1ea5c69" class="up-accordion" data-up-is="accordion" data-up-single-expansion data-placeholder-text="false"> <ul class="up-accordion__list"> <li data-up-hook-accordion="[items]" id="accordion-c7a1ea5c69-item-5df08311b3" class="up-accordion__item"> <h3 class="up-accordion__header"> <button id="accordion-c7a1ea5c69-item-5df08311b3-button" class="up-accordion__header-button" aria-controls="accordion-c7a1ea5c69-item-5df08311b3-panel" aria-expanded="false" data-up-hook-accordion="[buttons]"> <span class="up-accordion__header-button-title">Why is sustainability acceleration such an urgent need?</span> <span class="up-accordion__header-button-icon"> </span> </button> </h3> <div data-up-hook-accordion="[panels]" id="accordion-c7a1ea5c69-item-5df08311b3-panel" class="up-accordion__panel" role="region" aria-labelledby="accordion-c7a1ea5c69-item-5df08311b3-button" aria-hidden="true" inert><div class="container responsivegrid"> <div id="container-5df08311b3" class="cmp-container"> <div class="aem-Grid aem-Grid--8 aem-Grid--default--8 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--8"><div data-cmp-data-layer="{"rich-text-cb21bfa4ce":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T13:33:29Z","xdm:text":"<p><span class=\"copy-block\">Our interrelated climate and biodiversity crises are part of undesirable feedback loops, which threaten to tip over into cascading effects.&nbsp;</span></p>\r\n<p><span class=\"copy-block\">2023 is on track to set numerous climate records, including:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Annual CO2 emissions: 37.2 GtCO2e&nbsp;</span></li>\r\n<li><span class=\"copy-block\">Annual days hotter than 1.5◦<sup>C </sup>above pre-industrial levels: 3<sup>8</sup>&nbsp;</span></li>\r\n<li><span class=\"copy-block\">Hottest day (average global surface temperature): 17.08◦C<sup>&nbsp;1</sup></span></li>\r\n</ul>\r\n<p><span class=\"copy-block\">Natural change is also accelerating:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Himalaya glacier melt: 65% faster, 2013-2022 vs. 1993-2002<sup>2&nbsp;</sup></span></li>\r\n<li><span class=\"copy-block\">Average annual sea level rise: 100% faster, 2013-2022 vs. 1993-2002<sup>3&nbsp;</sup></span></li>\r\n<li><span class=\"copy-block\">Average annual tree cover loss due to fire: 100% faster, 2010-2019 vs. 2001-2009<sup>4</sup>&nbsp;</span></li>\r\n</ul>\r\n<p><span class=\"copy-block\">With six of nine planetary boundaries defined by the Stockholm Resilience Center now breached, we face growing risks of sudden transformations in natural systems.&nbsp;</span></p>\r\n<p><span class=\"copy-block\">Yet, our response lags, and the opportunity to achieve a 1.5◦C scenario is diminishing rapidly. We face daunting numbers: Global greenhouse gas (GHG) emissions must be reduced by 42% by 2030 but are set to rise by 3%.<sup>5</sup>&nbsp;&nbsp;</span></p>\r\n<p><span class=\"copy-block\">Corporate progress has also stalled. The EY 2023 Sustainable Value Study shows that the largest companies around the globe are making less progress on decarbonization and pushing out target years.</span></p>\r\n<p><span class=\"copy-block\">We must accelerate progress to meet 2030 emissions goals and stay on track for net zero by 2050:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Coal-fired power phase-out: 7X faster</span></li>\r\n<li><span class=\"copy-block\">Reduce deforestation: 4X faster</span></li>\r\n<li><span class=\"copy-block\">Scale up climate finance: 8X faster<sup>6</sup></span>&nbsp;</li>\r\n</ul>\r\n"}}" id="rich-text-cb21bfa4cebe" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">Our interrelated climate and biodiversity crises are part of undesirable feedback loops, which threaten to tip over into cascading effects. </span></p> <p><span class="copy-block">2023 is on track to set numerous climate records, including:</span></p> <ul><li><span class="copy-block">Annual CO2 emissions: 37.2 GtCO2e </span></li><li><span class="copy-block">Annual days hotter than 1.5◦<sup>C </sup>above pre-industrial levels: 3<sup>8</sup> </span></li><li><span class="copy-block">Hottest day (average global surface temperature): 17.08◦C<sup> 1</sup></span></li></ul> <p><span class="copy-block">Natural change is also accelerating:</span></p> <ul><li><span class="copy-block">Himalaya glacier melt: 65% faster, 2013-2022 vs. 1993-2002<sup>2 </sup></span></li><li><span class="copy-block">Average annual sea level rise: 100% faster, 2013-2022 vs. 1993-2002<sup>3 </sup></span></li><li><span class="copy-block">Average annual tree cover loss due to fire: 100% faster, 2010-2019 vs. 2001-2009<sup>4</sup> </span></li></ul> <p><span class="copy-block">With six of nine planetary boundaries defined by the Stockholm Resilience Center now breached, we face growing risks of sudden transformations in natural systems. </span></p> <p><span class="copy-block">Yet, our response lags, and the opportunity to achieve a 1.5◦C scenario is diminishing rapidly. We face daunting numbers: Global greenhouse gas (GHG) emissions must be reduced by 42% by 2030 but are set to rise by 3%.<sup>5</sup> </span></p> <p><span class="copy-block">Corporate progress has also stalled. The EY 2023 Sustainable Value Study shows that the largest companies around the globe are making less progress on decarbonization and pushing out target years.</span></p> <p><span class="copy-block">We must accelerate progress to meet 2030 emissions goals and stay on track for net zero by 2050:</span></p> <ul><li><span class="copy-block">Coal-fired power phase-out: 7X faster</span></li><li><span class="copy-block">Reduce deforestation: 4X faster</span></li><li><span class="copy-block">Scale up climate finance: 8X faster<sup>6</sup></span> </li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> </div> </div> <div class="container responsivegrid cmp-container--component-e2e aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--12 aem-GridColumn--offset--default--0"> <div id="container-e6d38ad62e" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="chapter-breaker aem-GridColumn aem-GridColumn--default--12"> <div class="up-chapter-breaker up-chapter-breaker---with-image up-chapter-breaker--bothleft up-chapter-breaker--article" id="chapter-breaker-27dd94cd93"> <div class="up-chapter-breaker__img"> <div class="up-image " data-up-is="image"> <div class="up-image__image" data-up-hook-image="[image]" data-aspect-ratio="1.5" style="--up-image-focal-x: 50%; --up-image-focal-y: 50%"> <div data-cmp-is="image" data-cmp-widths="100,200,300,400,500,600,700,800,900,1000,1100,1200,1600,1800,2000,2400,2700,3000,3300,3600,3840" data-cmp-src="/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width={width}" data-asset-id="a4f0934b-f41b-4cbd-9d04-a860723fe9c3" data-cmp-filereference="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg" id="image-render-8c74ef2143" data-cmp-data-layer="{"image-render-8c74ef2143":{"@type":"ey-unified-site/components/up-image/image-render","repo:modifyDate":"2024-01-05T08:29:20Z","image":{"repo:id":"a4f0934b-f41b-4cbd-9d04-a860723fe9c3","repo:modifyDate":"2023-12-19T13:36:57Z","@type":"image/jpeg","repo:path":"/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg"}}}" data-cmp-hook-image="imageV3" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <img src="/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true" srcset="/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=100 100w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=200 200w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=300 300w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=400 400w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=500 500w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=600 600w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=700 700w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=800 800w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=900 900w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=1000 1000w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=1100 1100w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=1200 1200w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=1600 1600w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=1800 1800w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=2000 2000w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=2400 2400w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=2700 2700w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=3000 3000w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=3300 3300w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=3600 3600w,/adobe/dynamicmedia/deliver/dm-aid--a4f0934b-f41b-4cbd-9d04-a860723fe9c3/ey-smiling-female-farmer-using-digital-tablet-at-greenhouse.jpg?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="ey-smiling-female-farmer-using-digital-tablet-at-greenhouse"/> </div> </div> </div> </div> <div class="up-chapter-breaker__gradient"></div> <div class="up-chapter-breaker__number-container"> <span class="up-chapter-breaker__number">1</span> </div> <div class="up-chapter-breaker__content-grid"> <div class="up-chapter-breaker__content"> <p class="up-chapter-breaker__label"> Chapter 2 </p> <h2 class="up-chapter-breaker__title">Confidence in AI by developing and deploying it sustainably</h2> <p class="up-chapter-breaker__subtitle">AI development and deployment must demonstrate its contribution to environmental sustainability and remain centered on human values.</p> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-cb57a07e7a":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-31T16:32:39Z","xdm:text":"<p><span class=\"copy-block\">“AI’s potential to create positive human impacts and accelerate sustainable outcomes can only be fully realized if stakeholders have confidence in AI as an exponential technology for good, rather than experiencing it as an accelerator of unsustainable practices,” says Sheri Hinish, EY Global Consulting Sustainability Technology and Ecosystems Leader. “For that, we will need inclusive representation and design principles that embody a responsible, people-centered approach to build confidence in AI and create value for all.”</span></p>\r\n<p><span class=\"copy-block\">Yet, there is a risk that the way in which AI is developed and deployed could reinforce unsustainable systems and economies or result in negative unintended consequences.</span></p>\r\n<p><span class=\"copy-block\">Recent survey data reveals public unease. In the US, 52% of adults say they are more concerned than excited about AI’s role in daily life, according to a recent study.7&nbsp;Another survey of people in 10 European countries and the US finds that 72% of respondents believe AI must be managed carefully. The EY CEO Outlook Pulse shows&nbsp;<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ceo/ceo-outlook-global-report.html\" target=\"_self\" rel=\"noopener noreferrer\">65% of chief executives globally see AI is a force for good, but more work is needed&nbsp;</a>to address risks and potential unintended consequences.</span></p>\r\n<p><span class=\"copy-block\">To help address these concerns and build needed confidence, AI development and deployment must demonstrate its contribution to environmental sustainability and remain centered on human values.</span></p>\r\n"}}" id="rich-text-cb57a07e7ad5" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">“AI’s potential to create positive human impacts and accelerate sustainable outcomes can only be fully realized if stakeholders have confidence in AI as an exponential technology for good, rather than experiencing it as an accelerator of unsustainable practices,” says Sheri Hinish, EY Global Consulting Sustainability Technology and Ecosystems Leader. “For that, we will need inclusive representation and design principles that embody a responsible, people-centered approach to build confidence in AI and create value for all.”</span></p> <p><span class="copy-block">Yet, there is a risk that the way in which AI is developed and deployed could reinforce unsustainable systems and economies or result in negative unintended consequences.</span></p> <p><span class="copy-block">Recent survey data reveals public unease. In the US, 52% of adults say they are more concerned than excited about AI’s role in daily life, according to a recent study.7 Another survey of people in 10 European countries and the US finds that 72% of respondents believe AI must be managed carefully. The EY CEO Outlook Pulse shows <a href="/en_gl/ceo/ceo-outlook-global-report" target="_self" rel="noopener noreferrer">65% of chief executives globally see AI is a force for good, but more work is needed </a>to address risks and potential unintended consequences.</span></p> <p><span class="copy-block">To help address these concerns and build needed confidence, AI development and deployment must demonstrate its contribution to environmental sustainability and remain centered on human values.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="nested-tile aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div class="content"> <div class="height-control"></div> <div class="nestedTileSec nestedTile-parsys rightAlign small"> <div id="nested-tile-container-a18dc200c8" class="cmp-container"> <div class="link-area"> <div class="cmp-link-area cmp-link-area--regular " data-analytics-category="Link Area"> <p class="cmp-link-area__header"> How EY can help </p> <div> <ul class="cmp-link-area__regular "> <li class="cmp-link-area__item "> <div class="cmp-link-area__wrapper"> <p class="cmp-link-area__item--title"> <a data-analytics-link-click data-analytics-event-label="linkAreaHeader-EY-How EY can Help" href="/en_gl/services/sustainability/ey-center-for-sustainable-supply-chains"> </a> </p> </div> <p class="cmp-link-area__item__paragraph"></p> <a class="cmp-link-area__item__readmore" href="/en_gl/services/sustainability/ey-center-for-sustainable-supply-chains"> Read more </a> </li> </ul> </div> </div> </div> </div> </div> <div class="richText-content cmp-text nested-tile--georgia-font"> <h4>Sustainable AI infrastructure build-out</h4> <h4> </h4> <p><span class="copy-block">Addressing the energy, resource and infrastructure dimensions of AI’s ramp up will be essential. New GenAI workloads are expected to spur a tripling of hyperscale data center capacity over the next six years.<sup>8</sup></span></p> <p> </p> <p>Data center and data transmission networks account for 2%-3% of global electricity consumption and about 1% of global GHG emissions.9 These figures have grown only <span class="copy-block">modestly despite exponential growth in workloads due to greening grids and the shift to hyperscale cloud providers, who have invested in renewables and realized high levels of efficiency. Yet, emissions must be halved, not grow, by 2030 to keep on track for net zero.<sup>10</sup></span></p> <p> </p> <p><span class="copy-block">New efficient semiconductor architectures and cooling methods will be important contributors to bending the energy and emissions curve of AI. Innovations in the lab promise to massively reduce the energy required to regulate chip temperatures to maintain performance. Prototypes of neuromorphic chip architectures, which emulate the neurons and synapses of the human brain, are reported to have yielded a thousand-fold reduction in energy consumption.<sup>11</sup> Data center operators are deploying a variety of strategies to reduce cooling energy, from locating in colder regions or using waste heat to warm residential districts, to using alternative liquids to water. A few companies are ev</span>en exploring putting data centers in space.</p> <p> </p> <p>Decarbonizing GenAI will also depend on data efficiency. The bigger the large language model (LLM), the more energy used in training it. An LLM with 110m parameters emitted 0.64 tonnes of C02 in the training phase, which is about 80% of the annual energy-related emissions of one US home. In contrast, another LLM, with 75b parameters had a training footprint of 550 tonnes, equivalent to the emissions of 70 US homes in a year.<sup>12</sup></p> <p> </p> <p>Still, 60%–90% of emissions are generated by inferencing, running the model on live data (e.g., a GenAI prompt). In response, researchers are creating smaller models and optimizing the trade-offs between training speed and energy consumption.</p> <p> </p> <p>Water, biodiversity, embodied carbon and other environmental challenges will become increasingly important concerns. The largest data centers can reach 90,000 m2 in size and consume nearly 2ml of water daily for cooling.</p> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-4a6280396c":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:05:31Z","xdm:text":"<h4><span class=\"copy-block\">Transparent net impacts and outcomes</span></h4>\r\n<p><span class=\"copy-block\">Confidence in AI will be built by transparently reporting on the net impacts of the development and deployment of the technology. The differential investments that companies are making today in AI will drive differential sustainability impacts, both negative and positive, which should be assessed in balance against the key global benchmarks: Paris-aligned climate goals, Montreal-aligned biodiversity goals, and the UN Sustainable Development Goals.<br>\r\n</span></p>\r\n<p><span class=\"copy-block\">As AI becomes infused into the development and delivery of goods and services, robust measures of extended sustainability impact, such as Scope 4 emissions, will become increasingly important. Scope 4 metrics estimate the GHG emissions impact of a good or service relative to the situation where that product does not exist.13&nbsp;For example, even though the production of electric vehicles (EVs) causes manufacturers to generate new GHG emissions (e.g., rare earths mining, new factories), EV adoption by consumers will drive down net transportation emissions compared to the status quo.</span></p>\r\n"}}" id="rich-text-4a6280396cc5" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Transparent net impacts and outcomes</span></h4> <p><span class="copy-block">Confidence in AI will be built by transparently reporting on the net impacts of the development and deployment of the technology. The differential investments that companies are making today in AI will drive differential sustainability impacts, both negative and positive, which should be assessed in balance against the key global benchmarks: Paris-aligned climate goals, Montreal-aligned biodiversity goals, and the UN Sustainable Development Goals.<br /> </span></p> <p><span class="copy-block">As AI becomes infused into the development and delivery of goods and services, robust measures of extended sustainability impact, such as Scope 4 emissions, will become increasingly important. Scope 4 metrics estimate the GHG emissions impact of a good or service relative to the situation where that product does not exist.13 For example, even though the production of electric vehicles (EVs) causes manufacturers to generate new GHG emissions (e.g., rare earths mining, new factories), EV adoption by consumers will drive down net transportation emissions compared to the status quo.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="inlinequote aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"> <div class="cmp-inlineQuote"> <div class="cmp-inlineQuote__content"> <blockquote class="cmp-inlineQuote__quote">AI’s potential to create positive human impacts and accelerate sustainable outcomes can only be fully realized if stakeholders have confidence in AI as an exponential technology for good.</blockquote> <div class="cmp-inlineQuote__metadata"> <p class="cmp-inlineQuote__quotee-name">Sheri Hinish</p> <p class="cmp-inlineQuote__quotee-job">EY Global Consulting Sustainability Technology and Ecosystems Leader</p> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-2f5ed8e4d1":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T08:49:40Z","xdm:text":"<h4><span class=\"copy-block\">Inclusive, people-centered AI</span></h4>\r\n<p><span class=\"copy-block\">Confidence in AI as a sustainable force for good comes from demonstrating broad-based benefits for people. AI will have to live up to its promise of enhancing the human experience and of creating new jobs in a sustainable economy, and not widen existing gaps or replace humans in the workplace.</span></p>\r\n<p><span class=\"copy-block\">This was underscored by the recent&nbsp;<a href=\"https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/ai/ey-g7-ai-principles-and-code-of-conduct-final.pdf\" target=\"_self\" rel=\"noopener noreferrer\">G7 agreement</a>&nbsp;on&nbsp;<a href=\"https://ec.europa.eu/commission/presscorner/detail/en/ip_23_5379\" target=\"_blank\" rel=\"noopener noreferrer\">Guiding Principles and a Code of Conduct on Artificial Intelligence</a>, which emphasized both the need to use AI to address our greatest challenges and mitigate societal, safety and security risks.&nbsp;<a href=\"https://www.ey.com/en_us/public-policy/key-takeaways-from-the-biden-administration-executive-order-on-ai\" target=\"_self\" rel=\"noopener noreferrer\">US President Biden’s executive order</a>&nbsp;(via EY.com US) also focused on principles to protect human values in AI.</span></p>\r\n<p><span class=\"copy-block\">Governments, business leaders and civil society must anticipate the transitions which will be accelerated by AI, understand the human impact, and ensure they’re championed in a just transition. From decarbonizing energy to enabling autonomous mobility, creating nature-based climate solutions, and automating low-value hospitality tasks, AI will have wide-ranging impacts for workers and communities dependent on incumbent systems. We must ensure that affected workers and communities have access to the new opportunities created by AI and the skills to secure them.</span></p>\r\n<p><span class=\"copy-block\">Concerns about bias are longstanding in AI but become more urgent with the explosion of generative AI, the most quickly adopted technology ever. LLMs generate new content probabilistically based on vast, encyclopedic training data, effectively holding a mirror to culture and society.</span></p>\r\n<p><span class=\"copy-block\">AI-generated images frequently expose our biases, accelerating stereotypes anchored in systemic inequities, for example, by creating images of lighter-skin men for the holders of high-paying jobs, and sometimes struggling to illustrate scenarios contrary to stereotypical perceptions even when prompted to do so.14&nbsp;As GenAI becomes a growing part of&nbsp;creating and decision-making, we risk reinforcing existing inequities related to gender, ethnicity, age, income and other factors unless we put safeguards in place.</span></p>\r\n<p><span class=\"copy-block\">These challenges are complicated by confidence-sapping issues inherent in probabilistic models, such as hallucinations (returning “made up” results), the near impossibility of linking an output to specific training data, and the potential for emergent qualities (unpredictable new capabilities) in LLMs.</span></p>\r\n<p><span class=\"copy-block\">As we look to AI to solve our greatest challenges, we must ensure it is inclusive, not just in terms of access and skills, but also in the knowledge and insight represented in training data. For example, there is increasing recognition that the knowledge of indigenous communities, who&nbsp;protect most of Earth’s remaining biodiversity&nbsp;on their lands, have an important role to play in addressing our sustainability challenges. Yet, that knowledge is often oral or experiential, and not represented in any AI training data.15&nbsp;As we continue to develop GenAI, it will be important to incorporate ancestral knowledge and other underrepresented perspectives into the models so that they reflect diverse thinking and sustainability values.</span></p>\r\n<p><span class=\"copy-block\">Ultimately, we must guard against a bias for systemic status quo in AI because achieving sustainable outcomes entails shifting mindsets, innovating business models and rethinking our fundamental systems.</span></p>\r\n"}}" id="rich-text-2f5ed8e4d16d" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Inclusive, people-centered AI</span></h4> <p><span class="copy-block">Confidence in AI as a sustainable force for good comes from demonstrating broad-based benefits for people. AI will have to live up to its promise of enhancing the human experience and of creating new jobs in a sustainable economy, and not widen existing gaps or replace humans in the workplace.</span></p> <p><span class="copy-block">This was underscored by the recent <a href="https://assets.ey.com/content/dam/ey-sites/ey-com/en_gl/topics/ai/ey-g7-ai-principles-and-code-of-conduct-final.pdf" target="_self" rel="noopener noreferrer">G7 agreement</a> on <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_23_5379" target="_blank" rel="noopener noreferrer">Guiding Principles and a Code of Conduct on Artificial Intelligence</a>, which emphasized both the need to use AI to address our greatest challenges and mitigate societal, safety and security risks. <a href="https://www.ey.com/en_us/public-policy/key-takeaways-from-the-biden-administration-executive-order-on-ai" target="_self" rel="noopener noreferrer">US President Biden’s executive order</a> (via EY.com US) also focused on principles to protect human values in AI.</span></p> <p><span class="copy-block">Governments, business leaders and civil society must anticipate the transitions which will be accelerated by AI, understand the human impact, and ensure they’re championed in a just transition. From decarbonizing energy to enabling autonomous mobility, creating nature-based climate solutions, and automating low-value hospitality tasks, AI will have wide-ranging impacts for workers and communities dependent on incumbent systems. We must ensure that affected workers and communities have access to the new opportunities created by AI and the skills to secure them.</span></p> <p><span class="copy-block">Concerns about bias are longstanding in AI but become more urgent with the explosion of generative AI, the most quickly adopted technology ever. LLMs generate new content probabilistically based on vast, encyclopedic training data, effectively holding a mirror to culture and society.</span></p> <p><span class="copy-block">AI-generated images frequently expose our biases, accelerating stereotypes anchored in systemic inequities, for example, by creating images of lighter-skin men for the holders of high-paying jobs, and sometimes struggling to illustrate scenarios contrary to stereotypical perceptions even when prompted to do so.14 As GenAI becomes a growing part of creating and decision-making, we risk reinforcing existing inequities related to gender, ethnicity, age, income and other factors unless we put safeguards in place.</span></p> <p><span class="copy-block">These challenges are complicated by confidence-sapping issues inherent in probabilistic models, such as hallucinations (returning “made up” results), the near impossibility of linking an output to specific training data, and the potential for emergent qualities (unpredictable new capabilities) in LLMs.</span></p> <p><span class="copy-block">As we look to AI to solve our greatest challenges, we must ensure it is inclusive, not just in terms of access and skills, but also in the knowledge and insight represented in training data. For example, there is increasing recognition that the knowledge of indigenous communities, who protect most of Earth’s remaining biodiversity on their lands, have an important role to play in addressing our sustainability challenges. Yet, that knowledge is often oral or experiential, and not represented in any AI training data.15 As we continue to develop GenAI, it will be important to incorporate ancestral knowledge and other underrepresented perspectives into the models so that they reflect diverse thinking and sustainability values.</span></p> <p><span class="copy-block">Ultimately, we must guard against a bias for systemic status quo in AI because achieving sustainable outcomes entails shifting mindsets, innovating business models and rethinking our fundamental systems.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-45a5c87340":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:04:26Z","xdm:text":"<h4><span class=\"copy-block\">Build confidence</span></h4>\r\n<p><span class=\"copy-block\">Every organization must build confidence among its stakeholders in its development and deployment of AI.</span></p>\r\n<p><span class=\"copy-block\">For most companies who rely on cloud-based providers, AI initiatives will result in Scope 3 emissions and analogous biodiversity impacts. Quantifying and disclosing these environmental impacts, as well social ones, will be important in building confidence. Equally important will be measuring and assessing the positive impacts generated by the organization’s use of AI so that net positive outcomes (e.g., Scope 4) can be demonstrated.</span></p>\r\n<p><span class=\"copy-block\">Confidence also comes from understanding and assessing the organizational risks associated with the design, implementation, training and usage of an AI model. The&nbsp;EY.ai Confidence Index&nbsp;provides business leaders an empirical assessment of the inputs and outputs of the organization’s underlying AI model as they consider whether they will successfully deliver their AI program.</span></p>\r\n"}}" id="rich-text-45a5c8734075" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Build confidence</span></h4> <p><span class="copy-block">Every organization must build confidence among its stakeholders in its development and deployment of AI.</span></p> <p><span class="copy-block">For most companies who rely on cloud-based providers, AI initiatives will result in Scope 3 emissions and analogous biodiversity impacts. Quantifying and disclosing these environmental impacts, as well social ones, will be important in building confidence. Equally important will be measuring and assessing the positive impacts generated by the organization’s use of AI so that net positive outcomes (e.g., Scope 4) can be demonstrated.</span></p> <p><span class="copy-block">Confidence also comes from understanding and assessing the organizational risks associated with the design, implementation, training and usage of an AI model. The EY.ai Confidence Index provides business leaders an empirical assessment of the inputs and outputs of the organization’s underlying AI model as they consider whether they will successfully deliver their AI program.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upAccordion component aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"> <div id="accordion-941e9d4cc0" class="up-accordion" data-up-is="accordion" data-up-single-expansion data-placeholder-text="false"> <ul class="up-accordion__list"> <li data-up-hook-accordion="[items]" id="accordion-941e9d4cc0-item-fc42d02d07" class="up-accordion__item"> <h3 class="up-accordion__header"> <button id="accordion-941e9d4cc0-item-fc42d02d07-button" class="up-accordion__header-button" aria-controls="accordion-941e9d4cc0-item-fc42d02d07-panel" aria-expanded="false" data-up-hook-accordion="[buttons]"> <span class="up-accordion__header-button-title">Agenda: building confidence in AI as a sustainable force for good</span> <span class="up-accordion__header-button-icon"> </span> </button> </h3> <div data-up-hook-accordion="[panels]" id="accordion-941e9d4cc0-item-fc42d02d07-panel" class="up-accordion__panel" role="region" aria-labelledby="accordion-941e9d4cc0-item-fc42d02d07-button" aria-hidden="true" inert><div class="container responsivegrid"> <div id="container-fc42d02d07" class="cmp-container"> <div class="aem-Grid aem-Grid--8 aem-Grid--default--8 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--8"><div data-cmp-data-layer="{"rich-text-5e8d9ecdb6":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:07:33Z","xdm:text":"<p><span class=\"copy-block\">All participants in AI development have a role in building confidence in the technology as a force for good. Establishing robust regulations and safeguards is essential; so is creating frameworks to address AI's transformative potential and inherent risks. Stakeholders should prioritize a multifaceted approach:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Develop AI on ethical principles, focusing on fairness, non-discrimination and the public good.</span></li>\r\n<li><span class=\"copy-block\">Ensure AI systems are transparent in operations and decision-making processes.</span></li>\r\n<li><span class=\"copy-block\">Scale AI in environmentally sustainable ways (e.g., optimize AI system energy efficiency, decarbonize data center operations).</span></li>\r\n<li><span class=\"copy-block\">Form diverse AI development teams (e.g., gender, race, culture, mindset, expertise) to help build systems that are fair and consider different perspectives and needs.</span></li>\r\n<li><span class=\"copy-block\">Engage with a broad range of stakeholders regularly to understand different needs and concerns regarding AI and ensure solutions addressing global challenges reflect representation and cognitive diversity.</span></li>\r\n<li><span class=\"copy-block\">Implement robust AI governance policies for data privacy and security, adhere to data protection regulation and ensure data is used ethically.&nbsp;</span></li>\r\n<li><span class=\"copy-block\">Educate the public on the benefits and risks of AI and improve digital literacy.</span></li>\r\n<li><span class=\"copy-block\">Collaborate to set global standards for responsible development so that AI is brought to market and used in ways that benefit humanity holistically.</span></li>\r\n<li><span class=\"copy-block\">Establish mechanisms to continuously monitor AI systems for unintended consequences, ensure accountability and address negative impacts.</span></li>\r\n</ul>\r\n"}}" id="rich-text-5e8d9ecdb614" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">All participants in AI development have a role in building confidence in the technology as a force for good. Establishing robust regulations and safeguards is essential; so is creating frameworks to address AI's transformative potential and inherent risks. Stakeholders should prioritize a multifaceted approach:</span></p> <ul><li><span class="copy-block">Develop AI on ethical principles, focusing on fairness, non-discrimination and the public good.</span></li><li><span class="copy-block">Ensure AI systems are transparent in operations and decision-making processes.</span></li><li><span class="copy-block">Scale AI in environmentally sustainable ways (e.g., optimize AI system energy efficiency, decarbonize data center operations).</span></li><li><span class="copy-block">Form diverse AI development teams (e.g., gender, race, culture, mindset, expertise) to help build systems that are fair and consider different perspectives and needs.</span></li><li><span class="copy-block">Engage with a broad range of stakeholders regularly to understand different needs and concerns regarding AI and ensure solutions addressing global challenges reflect representation and cognitive diversity.</span></li><li><span class="copy-block">Implement robust AI governance policies for data privacy and security, adhere to data protection regulation and ensure data is used ethically. </span></li><li><span class="copy-block">Educate the public on the benefits and risks of AI and improve digital literacy.</span></li><li><span class="copy-block">Collaborate to set global standards for responsible development so that AI is brought to market and used in ways that benefit humanity holistically.</span></li><li><span class="copy-block">Establish mechanisms to continuously monitor AI systems for unintended consequences, ensure accountability and address negative impacts.</span></li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </li> </ul> </div> </div> <div class="chapter-breaker aem-GridColumn aem-GridColumn--default--12"> <div class="up-chapter-breaker up-chapter-breaker---with-image up-chapter-breaker--bothleft up-chapter-breaker--article" id="chapter-breaker-6f5db76359"> <div class="up-chapter-breaker__img"> <div class="up-image " data-up-is="image"> <div class="up-image__image" data-up-hook-image="[image]" data-aspect-ratio="1.5" style="--up-image-focal-x: 50%; --up-image-focal-y: 50%"> <div data-cmp-is="image" data-cmp-widths="100,200,300,400,500,600,700,800,900,1000,1100,1200,1600,1800,2000,2400,2700,3000,3300,3600,3840" data-cmp-src="/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width={width}" data-asset-id="2cfc4dde-3b7c-4822-a99f-ce9b056c191f" data-cmp-filereference="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg" id="image-render-9c9c3e300f" data-cmp-data-layer="{"image-render-9c9c3e300f":{"@type":"ey-unified-site/components/up-image/image-render","repo:modifyDate":"2023-12-19T17:19:17Z","image":{"repo:id":"2cfc4dde-3b7c-4822-a99f-ce9b056c191f","repo:modifyDate":"2023-12-19T17:09:45Z","@type":"image/jpeg","repo:path":"/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg"}}}" data-cmp-hook-image="imageV3" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <img src="/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true" srcset="/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=100 100w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=200 200w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=300 300w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=400 400w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=500 500w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=600 600w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=700 700w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=800 800w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=900 900w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=1000 1000w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=1100 1100w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=1200 1200w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=1600 1600w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=1800 1800w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=2000 2000w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=2400 2400w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=2700 2700w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=3000 3000w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=3300 3300w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=3600 3600w,/adobe/dynamicmedia/deliver/dm-aid--2cfc4dde-3b7c-4822-a99f-ce9b056c191f/ey-aerial-shot-of-green-pastures-divided-by-drystone-walls.jpg?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="aerial shot of green pastures divided by drystone walls"/> </div> </div> </div> </div> <div class="up-chapter-breaker__gradient"></div> <div class="up-chapter-breaker__number-container"> <span class="up-chapter-breaker__number">2</span> </div> <div class="up-chapter-breaker__content-grid"> <div class="up-chapter-breaker__content"> <p class="up-chapter-breaker__label"> Chapter 2 </p> <h2 class="up-chapter-breaker__title">Exponential value through a holistic AI approach to sustainability</h2> <p class="up-chapter-breaker__subtitle">AI can help leaders create the timely insights needed to unlock exponential natural, social and economic value.</p> </div> </div> </div> </div> <div class="nested-tile aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div class="content"> <div class="height-control"></div> <div class="nestedTileSec nestedTile-parsys rightAlign small"> <div id="nested-tile-container-28dbe1a301" class="cmp-container"> <div class="link-area"> <div class="cmp-link-area cmp-link-area--regular " data-analytics-category="Link Area"> <p class="cmp-link-area__header"> How EY can help </p> <div> <ul class="cmp-link-area__regular "> <li class="cmp-link-area__item "> <div class="cmp-link-area__wrapper"> <p class="cmp-link-area__item--title"> <a data-analytics-link-click data-analytics-event-label="linkAreaHeader-EY-How EY can Help" data-analytics-action-value="Artificial Intelligence Consulting Services" href="/en_gl/services/consulting/artificial-intelligence-consulting-services"> Artificial Intelligence Consulting Services </a> </p> </div> <p class="cmp-link-area__item__paragraph">Our Consulting approach to the adoption of AI and intelligent automation is human-centered, pragmatic, outcomes-focused and ethical.</p> <a class="cmp-link-area__item__readmore" href="/en_gl/services/consulting/artificial-intelligence-consulting-services"> Read more </a> </li> </ul> </div> </div> </div> </div> </div> <div class="richText-content cmp-text nested-tile--georgia-font"> <p>Today is the “slowest” day we will likely ever experience. Accelerating change in natural systems is accompanied by accelerating change in human ones, with ever-increasing data and ever-faster development and deployment of technology. The interplay of natural and human systems creates increasing complexity and brings tremendous new value creation opportunities and risks.</p> <p>“Sustainability is a non-linear, complex problem. We can’t use linear, traditional methods to understand and solve our sustainability challenges. That’s why technology and innovation are critical,” says David Rae, EY Global Technology and Innovation Lead, Climate Change & Sustainability Services.</p> <p>For business leaders facing the increasing pace, scale and complexity of change, the challenge becomes one of data and decision-making: How can teams arrive at insight more quickly (context, content and access) to support faster and more responsible decisions? How can they leverage data to create new sustainability solutions in the timeframe that we need them?</p> <p>Applying AI to detection, prediction and generation can help leaders create the timely insights needed to take bold steps with confidence on sustainability and unlock exponential natural, social and economic value.</p> <p>AI’s exponential force comes not from singular breakthroughs but through<a href="https://www.linkedin.com/pulse/how-do-you-confidently-use-ai-create-exponential-value-sanz-saiz-h1fyf" target="_blank" rel="noopener noreferrer"> the compounding effects of productivity and efficiency gains, and faster innovation over time</a>. By reducing the time and cost of creating all kinds of content and insight to essentially zero – a text prompt – GenAI allows us to produce more ideas, faster. GenAI models can accelerate the R&D process by automating mundane tasks, allowing researchers to focus on ideation and complex problem-solving, and scaling the work behind researching, testing and iterating hypotheses and new designs.16 This will result in self-reinforcing acceleration in the development of new products, new services, and new techniques.</p> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-4e19d88256":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:16:18Z","xdm:text":"<h4><span class=\"copy-block\">2023 EY&nbsp;<i>Sustainable Value Study</i>&nbsp;insight</span></h4>\r\n<p><span class=\"copy-block\">Transformational chief sustainability officers (CSOs) are more likely to see data, technology and AI as value accelerators.</span></p>\r\n"}}" id="rich-text-4e19d8825622" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">2023 EY <i>Sustainable Value Study</i> insight</span></h4> <p><span class="copy-block">Transformational chief sustainability officers (CSOs) are more likely to see data, technology and AI as value accelerators.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upImage component aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--7 aem-GridColumn--offset--default--2"> <div class="up-image " data-up-is="image"> <div class="up-image__image" data-up-hook-image="[image]" data-aspect-ratio="2.23" style="--up-image-focal-x: 50%; --up-image-focal-y: 50%"> <div data-cmp-is="image" data-cmp-widths="100,200,300,400,500,600,700,800,900,1000,1100,1200,1600,1800,2000,2400,2700,3000,3300,3600,3840" data-cmp-src="/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width={width}" data-asset-id="51dd78ac-443f-4b28-b96d-56367f8fbc2b" data-cmp-filereference="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-sustainable-value-study-csos-3840px.jpg" id="image-render-18fa4eb918" data-cmp-data-layer="{"image-render-18fa4eb918":{"@type":"ey-unified-site/components/up-image/image-render","repo:modifyDate":"2024-01-05T11:07:30Z","image":{"repo:id":"51dd78ac-443f-4b28-b96d-56367f8fbc2b","repo:modifyDate":"2023-12-19T17:17:42Z","@type":"image/jpeg","repo:path":"/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-sustainable-value-study-csos-3840px.jpg"}}}" data-cmp-hook-image="imageV3" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <img src="/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true" srcset="/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=100 100w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=200 200w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=300 300w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=400 400w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=500 500w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=600 600w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=700 700w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=800 800w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=900 900w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=1000 1000w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=1100 1100w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=1200 1200w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=1600 1600w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=1800 1800w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=2000 2000w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=2400 2400w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=2700 2700w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=3000 3000w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=3300 3300w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=3600 3600w,/adobe/dynamicmedia/deliver/dm-aid--51dd78ac-443f-4b28-b96d-56367f8fbc2b/ey-sustainable-value-study-csos-3840px.jpg?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="1800" height="807" alt="EY sustainable value study csos"/> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-ed97343a38":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-05T12:21:46Z","xdm:text":"<p><span class=\"copy-block\">EY global survey of 520 CSOs or executives with equivalent responsibilities.</span></p>\r\n"}}" id="rich-text-ed97343a389f" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">EY global survey of 520 CSOs or executives with equivalent responsibilities.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upArticleReference component aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><span class="up-article-reference" data-up-is="article-reference" data-up-analytics="article-reference" data-analytics-page-title="How AI can help accelerate the pace of change | EY - Global" data-up-is-expanded="false"> <button id="article-reference-heading" class="up-article-reference__heading" data-up-hook-article-reference="heading" aria-controls="article-reference-content" aria-expanded="false" role="button"> <span class="up-article-reference__heading-opened">Open image description </span> <span class="up-article-reference__heading-closed">Close image description </span> </button> <div id="article-reference-content" class="up-article-reference__content" data-up-hook-article-reference="content" role="region" aria-labelledby="article-reference-heading" aria-hidden="true" inert> <span>This graph depicts the difference in responses between two group of participants in the 2023 EY Sustainable Value Study survey.</span> </div> </span> <br/> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-d2f9465ab0":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T09:44:00Z","xdm:text":"<h4><span class=\"copy-block\">Resource stewardship: toward a net-zero planet</span></h4>\r\n<p><span class=\"copy-block\">The transition to a net-zero economy that pulls us back from planetary boundaries depends on the creation of sustainable new products and technologies, the disruption of incumbent business models with sustainable ones, and the formation of a constellation of new business ecosystems.</span></p>\r\n<p><span class=\"copy-block\">The gamut of AI technologies has an accelerating role to play in resource stewardship:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Enabling circular and equitable supply chains</span></li>\r\n<li><span class=\"copy-block\">Reducing resource consumption</span></li>\r\n<li><span class=\"copy-block\">Decarbonizing energy and mobility</span></li>\r\n<li><span class=\"copy-block\">Accelerating sustainable product and service innovation</span></li>\r\n<li><span class=\"copy-block\">Advancing materials science</span></li>\r\n<li><span class=\"copy-block\">Protecting and enhancing biodiversity</span></li>\r\n</ul>\r\n<p><span class=\"copy-block\">For example, AI-driven tools are being used to speed up the discovery of advanced materials for carbon capture, utilization and storage. AI is also helping design concrete blocks for road infrastructure that consume 20% less material and absorb nitrous oxide.17</span></p>\r\n<p><span class=\"copy-block\">The EY Space Tech Lab applied computer vision to satellite imagery to identify leaks in a utility water system that were resulting in losses of 50ml per day.&nbsp;More broadly, AI and Earth observation data address a&nbsp;wide range of resource stewardship issues and opportunities&nbsp;(via EY.com Australia), such as mapping GHG sources, identifying biodiversity, preventing deforestation and improving confidence in nature-based carbon removals.</span></p>\r\n<p><span class=\"copy-block\">AI Copilots can also help us rethink the unsustainable business paradigms that brought us to this point. As we discuss in the&nbsp;<i>Harvard</i>&nbsp;<i>Business Review,</i>&nbsp;AI can help people&nbsp;<a href=\"https://hbr.org/2023/05/ai-can-help-you-ask-better-questions-and-solve-bigger-problems\" target=\"_blank\">ask better questions, be more innovative and solve bigger problems</a>.</span></p>\r\n"}}" id="rich-text-d2f9465ab032" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Resource stewardship: toward a net-zero planet</span></h4> <p><span class="copy-block">The transition to a net-zero economy that pulls us back from planetary boundaries depends on the creation of sustainable new products and technologies, the disruption of incumbent business models with sustainable ones, and the formation of a constellation of new business ecosystems.</span></p> <p><span class="copy-block">The gamut of AI technologies has an accelerating role to play in resource stewardship:</span></p> <ul><li><span class="copy-block">Enabling circular and equitable supply chains</span></li><li><span class="copy-block">Reducing resource consumption</span></li><li><span class="copy-block">Decarbonizing energy and mobility</span></li><li><span class="copy-block">Accelerating sustainable product and service innovation</span></li><li><span class="copy-block">Advancing materials science</span></li><li><span class="copy-block">Protecting and enhancing biodiversity</span></li></ul> <p><span class="copy-block">For example, AI-driven tools are being used to speed up the discovery of advanced materials for carbon capture, utilization and storage. AI is also helping design concrete blocks for road infrastructure that consume 20% less material and absorb nitrous oxide.17</span></p> <p><span class="copy-block">The EY Space Tech Lab applied computer vision to satellite imagery to identify leaks in a utility water system that were resulting in losses of 50ml per day. More broadly, AI and Earth observation data address a wide range of resource stewardship issues and opportunities (via EY.com Australia), such as mapping GHG sources, identifying biodiversity, preventing deforestation and improving confidence in nature-based carbon removals.</span></p> <p><span class="copy-block">AI Copilots can also help us rethink the unsustainable business paradigms that brought us to this point. As we discuss in the <i>Harvard</i> <i>Business Review,</i> AI can help people <a href="https://hbr.org/2023/05/ai-can-help-you-ask-better-questions-and-solve-bigger-problems" target="_blank" rel="noopener noreferrer">ask better questions, be more innovative and solve bigger problems</a>.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="inlinequote aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"> <div class="cmp-inlineQuote"> <div class="cmp-inlineQuote__content"> <blockquote class="cmp-inlineQuote__quote">Sustainability is a non-linear, complex problem. We can’t use linear, traditional methods to understand and solve our sustainability challenges.</blockquote> <div class="cmp-inlineQuote__metadata"> <p class="cmp-inlineQuote__quotee-name">David Rae</p> <p class="cmp-inlineQuote__quotee-job">EY Global Technology and Innovation Lead, Climate Change & Sustainability Services</p> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-5eca297014":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T09:48:17Z","xdm:text":"<h4><span class=\"copy-block\">Resilience and risk management: adapt and prepare</span></h4>\r\n<p><span class=\"copy-block\">With significant climate impacts locked in for the near and medium term, enhancing community resilience and ensuring that infrastructure is built for our climate future will mitigate human costs and the risk of unpredictable cascade effects.</span></p>\r\n<p><span class=\"copy-block\">Our linear economic systems, infrastructure, legal agreements and operating assumptions were established for the most part on now far-outdated assumptions about climate and resource availability. As climate impacts continue to disrupt our expectations, AI provides new capabilities to model natural systems and predictively adapt, whether in cities, energy and resources networks, or global supply chains.</span></p>\r\n<p><span class=\"copy-block\">Deep learning is generating new insights into the dynamics of complex natural systems and how to identify early signals of tipping into irreversible and potentially catastrophic environmental change, such as desertification of the Amazon, melting of the Greenland ice sheet, or methane released by a thawing Arctic.18</span></p>\r\n<p><span class=\"copy-block\">In addition to providing insights into these macro risks, AI can enable resilience at local scales. The EY&nbsp;<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/careers/data-science-challenge.html\" target=\"_self\">2024 Open Data Challenge</a>&nbsp;focuses on using AI to build coastal resilience in geographies with poor data availability. Participants will develop baseline data for these environments with classification models that identify infrastructure and ecosystems using satellite data and machine learning algorithms. These models and GenAI will then be used to build climate risk plans to address coastal vulnerabilities.</span></p>\r\n<p><span class=\"copy-block\">“Businesses won’t succeed unless communities where they operate can thrive. With sustainable development&nbsp;as a guiding North Star, these AI and data science innovations advance community resilience, which in turn creates long-term economic resilience,” says Hinish.</span></p>\r\n"}}" id="rich-text-5eca29701488" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Resilience and risk management: adapt and prepare</span></h4> <p><span class="copy-block">With significant climate impacts locked in for the near and medium term, enhancing community resilience and ensuring that infrastructure is built for our climate future will mitigate human costs and the risk of unpredictable cascade effects.</span></p> <p><span class="copy-block">Our linear economic systems, infrastructure, legal agreements and operating assumptions were established for the most part on now far-outdated assumptions about climate and resource availability. As climate impacts continue to disrupt our expectations, AI provides new capabilities to model natural systems and predictively adapt, whether in cities, energy and resources networks, or global supply chains.</span></p> <p><span class="copy-block">Deep learning is generating new insights into the dynamics of complex natural systems and how to identify early signals of tipping into irreversible and potentially catastrophic environmental change, such as desertification of the Amazon, melting of the Greenland ice sheet, or methane released by a thawing Arctic.18</span></p> <p><span class="copy-block">In addition to providing insights into these macro risks, AI can enable resilience at local scales. The EY <a href="/en_gl/careers/data-science-challenge" target="_self" rel="noopener noreferrer">2024 Open Data Challenge</a> focuses on using AI to build coastal resilience in geographies with poor data availability. Participants will develop baseline data for these environments with classification models that identify infrastructure and ecosystems using satellite data and machine learning algorithms. These models and GenAI will then be used to build climate risk plans to address coastal vulnerabilities.</span></p> <p><span class="copy-block">“Businesses won’t succeed unless communities where they operate can thrive. With sustainable development as a guiding North Star, these AI and data science innovations advance community resilience, which in turn creates long-term economic resilience,” says Hinish.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-a1ffdb4069":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T10:09:38Z","xdm:text":"<h4><span class=\"copy-block\">Environmental, social and governance (ESG) reporting: measure and account</span></h4>\r\n<p><span class=\"copy-block\">As sustainability becomes a growing value driver, the ability to meet stakeholder demands for increased transparency and demonstrable action will take on increasing urgency.</span></p>\r\n<p><span class=\"copy-block\">Improving trust and transparency is critical to unlocking investment in sustainable companies and assets necessary to create a new economy.</span></p>\r\n<p><span class=\"copy-block\">The&nbsp;<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/insights/assurance/how-can-corporate-reporting-bridge-the-esg-trust-gap.html\" target=\"_self\" rel=\"noopener noreferrer\">EY Corporate Reporting and Institutional Investor Survey</a>&nbsp;shows that 99% of investors use ESG disclosures as part of their decision-making, but 76% feel that companies are highly selective in the type of information that they provide.</span></p>\r\n<p><span class=\"copy-block\">Growing global alignment in ESG reporting frameworks and regulations (e.g., International Sustainability Standards Board, EU Corporate Sustainability Reporting Directive, Task Force on Climate-related Financial Disclosures) will increase transparency, consistency and comparability, demanding new rigor in reporting and heightening risks of greenwashing accusations.</span></p>\r\n"}}" id="rich-text-a1ffdb40694f" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Environmental, social and governance (ESG) reporting: measure and account</span></h4> <p><span class="copy-block">As sustainability becomes a growing value driver, the ability to meet stakeholder demands for increased transparency and demonstrable action will take on increasing urgency.</span></p> <p><span class="copy-block">Improving trust and transparency is critical to unlocking investment in sustainable companies and assets necessary to create a new economy.</span></p> <p><span class="copy-block">The <a href="/en_gl/insights/assurance/how-can-corporate-reporting-bridge-the-esg-trust-gap" target="_self" rel="noopener noreferrer">EY Corporate Reporting and Institutional Investor Survey</a> shows that 99% of investors use ESG disclosures as part of their decision-making, but 76% feel that companies are highly selective in the type of information that they provide.</span></p> <p><span class="copy-block">Growing global alignment in ESG reporting frameworks and regulations (e.g., International Sustainability Standards Board, EU Corporate Sustainability Reporting Directive, Task Force on Climate-related Financial Disclosures) will increase transparency, consistency and comparability, demanding new rigor in reporting and heightening risks of greenwashing accusations.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-dafff586eb":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T09:48:17Z","xdm:text":"<h4><span class=\"copy-block\">Resilience and risk management: adapt and prepare</span></h4>\r\n<p><span class=\"copy-block\">With significant climate impacts locked in for the near and medium term, enhancing community resilience and ensuring that infrastructure is built for our climate future will mitigate human costs and the risk of unpredictable cascade effects.</span></p>\r\n<p><span class=\"copy-block\">Our linear economic systems, infrastructure, legal agreements and operating assumptions were established for the most part on now far-outdated assumptions about climate and resource availability. As climate impacts continue to disrupt our expectations, AI provides new capabilities to model natural systems and predictively adapt, whether in cities, energy and resources networks, or global supply chains.</span></p>\r\n<p><span class=\"copy-block\">Deep learning is generating new insights into the dynamics of complex natural systems and how to identify early signals of tipping into irreversible and potentially catastrophic environmental change, such as desertification of the Amazon, melting of the Greenland ice sheet, or methane released by a thawing Arctic.18</span></p>\r\n<p><span class=\"copy-block\">In addition to providing insights into these macro risks, AI can enable resilience at local scales. The EY&nbsp;<a href=\"/content/ey-unified-site/ey-com/global/main/en_gl/home/careers/data-science-challenge.html\" target=\"_self\">2024 Open Data Challenge</a>&nbsp;focuses on using AI to build coastal resilience in geographies with poor data availability. Participants will develop baseline data for these environments with classification models that identify infrastructure and ecosystems using satellite data and machine learning algorithms. These models and GenAI will then be used to build climate risk plans to address coastal vulnerabilities.</span></p>\r\n<p><span class=\"copy-block\">“Businesses won’t succeed unless communities where they operate can thrive. With sustainable development&nbsp;as a guiding North Star, these AI and data science innovations advance community resilience, which in turn creates long-term economic resilience,” says Hinish.</span></p>\r\n"}}" id="rich-text-dafff586ebd8" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Resilience and risk management: adapt and prepare</span></h4> <p><span class="copy-block">With significant climate impacts locked in for the near and medium term, enhancing community resilience and ensuring that infrastructure is built for our climate future will mitigate human costs and the risk of unpredictable cascade effects.</span></p> <p><span class="copy-block">Our linear economic systems, infrastructure, legal agreements and operating assumptions were established for the most part on now far-outdated assumptions about climate and resource availability. As climate impacts continue to disrupt our expectations, AI provides new capabilities to model natural systems and predictively adapt, whether in cities, energy and resources networks, or global supply chains.</span></p> <p><span class="copy-block">Deep learning is generating new insights into the dynamics of complex natural systems and how to identify early signals of tipping into irreversible and potentially catastrophic environmental change, such as desertification of the Amazon, melting of the Greenland ice sheet, or methane released by a thawing Arctic.18</span></p> <p><span class="copy-block">In addition to providing insights into these macro risks, AI can enable resilience at local scales. The EY <a href="/en_gl/careers/data-science-challenge" target="_self" rel="noopener noreferrer">2024 Open Data Challenge</a> focuses on using AI to build coastal resilience in geographies with poor data availability. Participants will develop baseline data for these environments with classification models that identify infrastructure and ecosystems using satellite data and machine learning algorithms. These models and GenAI will then be used to build climate risk plans to address coastal vulnerabilities.</span></p> <p><span class="copy-block">“Businesses won’t succeed unless communities where they operate can thrive. With sustainable development as a guiding North Star, these AI and data science innovations advance community resilience, which in turn creates long-term economic resilience,” says Hinish.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upAccordion component aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"> <div id="accordion-4b161d8785" class="up-accordion" data-up-is="accordion" data-up-single-expansion data-placeholder-text="false"> <ul class="up-accordion__list"> <li data-up-hook-accordion="[items]" id="accordion-4b161d8785-item-83ed70d3d2" class="up-accordion__item"> <h3 class="up-accordion__header"> <button id="accordion-4b161d8785-item-83ed70d3d2-button" class="up-accordion__header-button" aria-controls="accordion-4b161d8785-item-83ed70d3d2-panel" aria-expanded="false" data-up-hook-accordion="[buttons]"> <span class="up-accordion__header-button-title">EY.ai EYQ: ESG reporting use cases</span> <span class="up-accordion__header-button-icon"> </span> </button> </h3> <div data-up-hook-accordion="[panels]" id="accordion-4b161d8785-item-83ed70d3d2-panel" class="up-accordion__panel" role="region" aria-labelledby="accordion-4b161d8785-item-83ed70d3d2-button" aria-hidden="true" inert><div class="container responsivegrid"> <div id="container-83ed70d3d2" class="cmp-container"> <div class="aem-Grid aem-Grid--8 aem-Grid--default--8 "> <div class="rich-text text aem-GridColumn aem-GridColumn--default--8"><div data-cmp-data-layer="{"rich-text-e82b3047f2":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:25:56Z","xdm:text":"<p><span class=\"copy-block\">EY teams are developing GenAI use cases to address ESG reporting challenges utilizing EY.ai EYQ, our LLM available to the entire global organization. Examples include:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Extracting specific reporting requirements from different regulatory frameworks, structuring a pool of regulatory requirements which can be used to flag changes in updated versions and validate sustainability disclosure reports</span></li>\r\n<li><span class=\"copy-block\">Intelligently identifying false or exaggerated claims made by companies in their disclosures and ESG-related communications</span></li>\r\n<li><span class=\"copy-block\">Synthesizing whole-of-environment organizational data to accelerate ESG reporting</span></li>\r\n</ul>\r\n"}}" id="rich-text-e82b3047f253" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">EY teams are developing GenAI use cases to address ESG reporting challenges utilizing EY.ai EYQ, our LLM available to the entire global organization. Examples include:</span></p> <ul><li><span class="copy-block">Extracting specific reporting requirements from different regulatory frameworks, structuring a pool of regulatory requirements which can be used to flag changes in updated versions and validate sustainability disclosure reports</span></li><li><span class="copy-block">Intelligently identifying false or exaggerated claims made by companies in their disclosures and ESG-related communications</span></li><li><span class="copy-block">Synthesizing whole-of-environment organizational data to accelerate ESG reporting</span></li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </li> </ul> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-b79a97bfa6":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:26:54Z","xdm:text":"<p><span class=\"copy-block\">This alignment includes a&nbsp;holistic and comprehensive&nbsp;environmental approach which integrates climate risk, biodiversity impacts and resource use. It also includes a growing focus on the supply chain, such as Scope 3 emissions and the supplier effects on local ecosystems and communities.</span></p>\r\n<p><span class=\"copy-block\">As a result, companies face a formidable data challenge. They must synthesize large amounts of heterogeneous data, everything from site-specific climate risk estimates to deforestation, water use and traceability claims.</span></p>\r\n<p><span class=\"copy-block\">But for all the convergence in content, we remain in a multi-speed world of sustainability regulation, and global organizations contend with reporting to multiple organizations and jurisdictions. Large organizations operating in multiple geographies frequently must publish global and country-level versions of the same report, to meet these differing requirements.</span></p>\r\n<p><span class=\"copy-block\">In a volatile, uncertain, complex and ambiguous (VUCA) business environment, GenAI together with other AI technologies can help organizations meet ESG reporting challenges and realize new value. Teams can leverage AI to:</span></p>\r\n<ul>\r\n<li><span class=\"copy-block\">Process and analyze large volumes of complex and varied data related to ESG factors (e.g., internal sources, public records, social media, news media) providing a comprehensive view of an organization's ESG performance.</span></li>\r\n<li><span class=\"copy-block\">Predict future ESG trends and outcomes using historical data, helping organizations anticipate and mitigate risks, adapt to changing circumstances, and make informed decisions.</span></li>\r\n<li><span class=\"copy-block\">Automate ESG data collection, processing and reporting, which increases efficiency, reduces the likelihood of human error, and allows for more frequent and timely reporting in a rapidly changing world.</span></li>\r\n<li><span class=\"copy-block\">Improve the transparency and accuracy of ESG reports by providing data-driven insights and minimizing subjective interpretations — vital for building trust with stakeholders, including investors, regulators and the public.</span></li>\r\n<li><span class=\"copy-block\">Perform scenario analyses and stress tests to address complexity and ambiguity by assessing how different ESG factors might impact an organization under various conditions.</span></li>\r\n<li><span class=\"copy-block\">Analyze vast volumes of data to help identify new ESG-related risks and opportunities that might not be apparent through traditional analytical methods.</span></li>\r\n<li><span class=\"copy-block\">Benchmark ESG performance against peers and industry standards, providing a clearer understanding of where an organization stands and where improvements are needed.</span></li>\r\n<li><span class=\"copy-block\">Learn from new data and experiences, continuously improving analysis and reporting capabilities in a VUCA business environment where adaptability is key.</span></li>\r\n</ul>\r\n<p><span class=\"copy-block\">“GenAI enables leaders to easily access and gain insight from large volumes of disparate data and more dynamically fulfill ESG reporting requirements,’ says Rae. “As companies contend with accelerating and changing sustainability challenges in a volatile business environment, manually generated ESG reporting will likely become inadequate for stakeholder needs. AI could enable a shift to dynamic, automated ESG insight and action.”</span></p>\r\n"}}" id="rich-text-b79a97bfa6ae" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">This alignment includes a holistic and comprehensive environmental approach which integrates climate risk, biodiversity impacts and resource use. It also includes a growing focus on the supply chain, such as Scope 3 emissions and the supplier effects on local ecosystems and communities.</span></p> <p><span class="copy-block">As a result, companies face a formidable data challenge. They must synthesize large amounts of heterogeneous data, everything from site-specific climate risk estimates to deforestation, water use and traceability claims.</span></p> <p><span class="copy-block">But for all the convergence in content, we remain in a multi-speed world of sustainability regulation, and global organizations contend with reporting to multiple organizations and jurisdictions. Large organizations operating in multiple geographies frequently must publish global and country-level versions of the same report, to meet these differing requirements.</span></p> <p><span class="copy-block">In a volatile, uncertain, complex and ambiguous (VUCA) business environment, GenAI together with other AI technologies can help organizations meet ESG reporting challenges and realize new value. Teams can leverage AI to:</span></p> <ul><li><span class="copy-block">Process and analyze large volumes of complex and varied data related to ESG factors (e.g., internal sources, public records, social media, news media) providing a comprehensive view of an organization's ESG performance.</span></li><li><span class="copy-block">Predict future ESG trends and outcomes using historical data, helping organizations anticipate and mitigate risks, adapt to changing circumstances, and make informed decisions.</span></li><li><span class="copy-block">Automate ESG data collection, processing and reporting, which increases efficiency, reduces the likelihood of human error, and allows for more frequent and timely reporting in a rapidly changing world.</span></li><li><span class="copy-block">Improve the transparency and accuracy of ESG reports by providing data-driven insights and minimizing subjective interpretations — vital for building trust with stakeholders, including investors, regulators and the public.</span></li><li><span class="copy-block">Perform scenario analyses and stress tests to address complexity and ambiguity by assessing how different ESG factors might impact an organization under various conditions.</span></li><li><span class="copy-block">Analyze vast volumes of data to help identify new ESG-related risks and opportunities that might not be apparent through traditional analytical methods.</span></li><li><span class="copy-block">Benchmark ESG performance against peers and industry standards, providing a clearer understanding of where an organization stands and where improvements are needed.</span></li><li><span class="copy-block">Learn from new data and experiences, continuously improving analysis and reporting capabilities in a VUCA business environment where adaptability is key.</span></li></ul> <p><span class="copy-block">“GenAI enables leaders to easily access and gain insight from large volumes of disparate data and more dynamically fulfill ESG reporting requirements,’ says Rae. “As companies contend with accelerating and changing sustainability challenges in a volatile business environment, manually generated ESG reporting will likely become inadequate for stakeholder needs. AI could enable a shift to dynamic, automated ESG insight and action.”</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-87b7e33108":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-01-09T08:52:13Z","xdm:text":"<h4><span class=\"copy-block\">Take a holistic AI approach to realizing sustainable value</span></h4>\r\n<p><span class=\"copy-block\">To realize AI’s full value for sustainability it must be part of a&nbsp;broader organizational AI strategy that is integrated and top down. Too often AI initiatives are owned by technical teams focused on improving existing process rather than being driven by the C-suite to initiate a wider business transformation.</span></p>\r\n<p><span class=\"copy-block\">Sustainability strategy and business strategy should be aligned. Sustainable value creation opportunities from AI flow from that convergence. Business leaders should ask, what are the value levers and business outcomes? Tools such as the&nbsp;EY.ai Value Accelerator&nbsp;can help set sustainability opportunities in the context of AI’s broader contribution to top line growth and the bottom line of the organization.</span></p>\r\n<p><span class=\"copy-block\">While excitement today is rightfully centered on GenAI, it’s important to remember that it doesn’t replace all other forms of AI. Rather, GenAI is the access point to the “other AI” — from pattern recognition to machine learning and true cognitive. The other kinds of AI continue to have broad-based utility and can provide inputs to GenAI.</span></p>\r\n<p><span class=\"copy-block\">As with digital transformation, acquiring the technology will be the easier part. The central challenge will be achieving the wider, people-centered organizational change — behavior, culture, incentives — needed to fully realize the value of the technology.</span></p>\r\n<p><span class=\"copy-block\">As business leaders seek to apply AI to sustainability, they will have to consider their organization’s end-to-end sustainability challenges and the right AI technology for each, in the context of their overall GenAI strategy and journey. The&nbsp;EY.ai Maturity Model&nbsp;provides a framework for companies to benchmark where they are on their GenAI journey and what capabilities are required to progress.</span></p>\r\n"}}" id="rich-text-87b7e331086d" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Take a holistic AI approach to realizing sustainable value</span></h4> <p><span class="copy-block">To realize AI’s full value for sustainability it must be part of a broader organizational AI strategy that is integrated and top down. Too often AI initiatives are owned by technical teams focused on improving existing process rather than being driven by the C-suite to initiate a wider business transformation.</span></p> <p><span class="copy-block">Sustainability strategy and business strategy should be aligned. Sustainable value creation opportunities from AI flow from that convergence. Business leaders should ask, what are the value levers and business outcomes? Tools such as the EY.ai Value Accelerator can help set sustainability opportunities in the context of AI’s broader contribution to top line growth and the bottom line of the organization.</span></p> <p><span class="copy-block">While excitement today is rightfully centered on GenAI, it’s important to remember that it doesn’t replace all other forms of AI. Rather, GenAI is the access point to the “other AI” — from pattern recognition to machine learning and true cognitive. The other kinds of AI continue to have broad-based utility and can provide inputs to GenAI.</span></p> <p><span class="copy-block">As with digital transformation, acquiring the technology will be the easier part. The central challenge will be achieving the wider, people-centered organizational change — behavior, culture, incentives — needed to fully realize the value of the technology.</span></p> <p><span class="copy-block">As business leaders seek to apply AI to sustainability, they will have to consider their organization’s end-to-end sustainability challenges and the right AI technology for each, in the context of their overall GenAI strategy and journey. The EY.ai Maturity Model provides a framework for companies to benchmark where they are on their GenAI journey and what capabilities are required to progress.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="chapter-breaker aem-GridColumn aem-GridColumn--default--12"> <div class="up-chapter-breaker up-chapter-breaker---with-image up-chapter-breaker--bothleft up-chapter-breaker--article" id="chapter-breaker-42f1bdbf2f"> <div class="up-chapter-breaker__img"> <div class="up-image " data-up-is="image"> <div class="up-image__image" data-up-hook-image="[image]" data-aspect-ratio="1.5" style="--up-image-focal-x: 50%; --up-image-focal-y: 50%"> <div data-cmp-is="image" data-cmp-widths="100,200,300,400,500,600,700,800,900,1000,1100,1200,1600,1800,2000,2400,2700,3000,3300,3600,3840" data-cmp-src="/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width={width}" data-asset-id="4b91f89a-f89c-4ac8-b88b-d557e66b1a22" data-cmp-filereference="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg" id="image-render-bb6b820313" data-cmp-data-layer="{"image-render-bb6b820313":{"@type":"ey-unified-site/components/up-image/image-render","repo:modifyDate":"2023-12-19T17:33:20Z","image":{"repo:id":"4b91f89a-f89c-4ac8-b88b-d557e66b1a22","repo:modifyDate":"2023-12-19T17:31:21Z","@type":"image/jpeg","repo:path":"/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg"}}}" data-cmp-hook-image="imageV3" class="cmp-image" itemscope itemtype="http://schema.org/ImageObject"> <img src="/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true" srcset="/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=100 100w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=200 200w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=300 300w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=400 400w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=500 500w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=600 600w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=700 700w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=800 800w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=900 900w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=1000 1000w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=1100 1100w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=1200 1200w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=1600 1600w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=1800 1800w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=2000 2000w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=2400 2400w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=2700 2700w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=3000 3000w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=3300 3300w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=3600 3600w,/adobe/dynamicmedia/deliver/dm-aid--4b91f89a-f89c-4ac8-b88b-d557e66b1a22/ey-man-flying-in-the-air-on-wakesurf-over-splashing-wave.jpg?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="man flying in the air on wakesurf over splashing wave"/> </div> </div> </div> </div> <div class="up-chapter-breaker__gradient"></div> <div class="up-chapter-breaker__number-container"> <span class="up-chapter-breaker__number">3</span> </div> <div class="up-chapter-breaker__content-grid"> <div class="up-chapter-breaker__content"> <p class="up-chapter-breaker__label"> Chapter 3 </p> <h2 class="up-chapter-breaker__title">Augment people potential to democratize action on sustainability</h2> <p class="up-chapter-breaker__subtitle">GenAI democratizes access to data and insights, giving everyone, individually and collectively, new potential to act on sustainability.</p> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-17581d14bd":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:34:39Z","xdm:text":"<p><span class=\"copy-block\">Sustainability is everyone’s business, and GenAI gives people new potential to act.</span></p>\r\n<p><span class=\"copy-block\">Business leaders have new abilities to ask better questions of their organizational data, giving them the insights they need to make decisions faster and more responsibly. GenAI can also help teams catalyze the creativity and passion of each employee to create sustainability solutions for their organizations and their clients.</span></p>\r\n<p><span class=\"copy-block\">Even before the explosion of GenAI, civil society organizations were utilizing increasingly accessible AI tools, such as machine learning, to give them more leverage in relation to business and government. For example, Climate TRACE, a global non-profit coalition, has created a global inventory of the most climate-polluting assets using AI to analyze satellite sensing data and combine them with multiple other data sets. GenAI will give civil society organizations new abilities to create sustainability solutions and hold the public and private sectors to account.</span></p>\r\n<p><span class=\"copy-block\">Communities will benefit from new capabilities to assess risks and design place-specific solutions.&nbsp;Queryable Earth&nbsp;gives a sense of the very local sustainability data insight that communities could use to mitigate their climate risks, promote environmental justice, and create regenerative outcomes.</span></p>\r\n<p><span class=\"copy-block\">GenAI will give individuals new potential to innovate, collaborate and activate for sustainability. Emerging evidence suggests that GenAI reduces inequality by closing the skills gap. LLMs and Copilot applications democratize access to valuable skills (e.g., software engineering, design, creating art, drafting papers), lowering the barriers to entry by augmenting less-skilled workers.</span></p>\r\n<p><span class=\"copy-block\">However, access to foundational models and the training to create AI solutions remains important. Around the world, for example, women lag behind men in AI skills.19&nbsp;As GenAI development accelerates, we risk widening existing digital divides, whether between residents of developed and emerging economies, or other social dimensions.</span></p>\r\n"}}" id="rich-text-17581d14bd1b" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block">Sustainability is everyone’s business, and GenAI gives people new potential to act.</span></p> <p><span class="copy-block">Business leaders have new abilities to ask better questions of their organizational data, giving them the insights they need to make decisions faster and more responsibly. GenAI can also help teams catalyze the creativity and passion of each employee to create sustainability solutions for their organizations and their clients.</span></p> <p><span class="copy-block">Even before the explosion of GenAI, civil society organizations were utilizing increasingly accessible AI tools, such as machine learning, to give them more leverage in relation to business and government. For example, Climate TRACE, a global non-profit coalition, has created a global inventory of the most climate-polluting assets using AI to analyze satellite sensing data and combine them with multiple other data sets. GenAI will give civil society organizations new abilities to create sustainability solutions and hold the public and private sectors to account.</span></p> <p><span class="copy-block">Communities will benefit from new capabilities to assess risks and design place-specific solutions. Queryable Earth gives a sense of the very local sustainability data insight that communities could use to mitigate their climate risks, promote environmental justice, and create regenerative outcomes.</span></p> <p><span class="copy-block">GenAI will give individuals new potential to innovate, collaborate and activate for sustainability. Emerging evidence suggests that GenAI reduces inequality by closing the skills gap. LLMs and Copilot applications democratize access to valuable skills (e.g., software engineering, design, creating art, drafting papers), lowering the barriers to entry by augmenting less-skilled workers.</span></p> <p><span class="copy-block">However, access to foundational models and the training to create AI solutions remains important. Around the world, for example, women lag behind men in AI skills.19 As GenAI development accelerates, we risk widening existing digital divides, whether between residents of developed and emerging economies, or other social dimensions.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="container responsivegrid theme-light cmp-container--theme-light-grey cmp-container--component-e2e aem-GridColumn aem-GridColumn--default--12"> <div id="container-f621029659" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="separator aem-GridColumn aem-GridColumn--default--12"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="separator aem-GridColumn aem-GridColumn--default--12"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-2123e97daa":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-09T13:05:08Z","xdm:text":"<h3 style=\"text-align: center;\"><span class=\"copy-block\">GenAI democratizes access to sustainability data and insights, enabling business leaders to ask better questions of organizational data, communities to design place-specific solutions, and individuals to close skill gaps.</span></h3>\r\n"}}" id="rich-text-2123e97daad6" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3 style=" text-align: center; "><span class="copy-block">GenAI democratizes access to sustainability data and insights, enabling business leaders to ask better questions of organizational data, communities to design place-specific solutions, and individuals to close skill gaps.</span></h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator aem-GridColumn aem-GridColumn--default--12"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="separator aem-GridColumn aem-GridColumn--default--12"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> </div> </div> </div> <div class="separator aem-GridColumn aem-GridColumn--default--12"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-3c8520274f":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:36:37Z","xdm:text":"<h4><span class=\"copy-block\">Upskilling, culture and mindset are key</span></h4>\r\n<p><span class=\"copy-block\">To unlock the transformative potential of GenAI in their organizations, business leaders must empower their people to access and act on the technology. But this requires more than simply making the technology available.</span></p>\r\n<p><span class=\"copy-block\">Research by&nbsp;EY teams and the University of Oxford&nbsp;indicates&nbsp;that a&nbsp;human-centered approach to transformation&nbsp;can increase the likelihood of a successful outcome by 2.6 times. The digital transformation of recent years, which also followed a gradual-then-sudden trajectory, showed us that investments in technology and specialist teams could easily falter without driving a culture and mindset shift among managers and the people at the front lines.</span></p>\r\n<p><span class=\"copy-block\">To realize AI’s full potential, broad upskilling is needed, not just in the new technology but also in new ways of working. The EY organization is upskilling all our people, more than 400,000, who now have access to EY.ai EYQ, our LLM. We are encouraging our people to treat EY teams as “client zero” for GenAI sustainability use cases, which can then be fully developed and offered to clients.</span></p>\r\n"}}" id="rich-text-3c8520274fe5" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Upskilling, culture and mindset are key</span></h4> <p><span class="copy-block">To unlock the transformative potential of GenAI in their organizations, business leaders must empower their people to access and act on the technology. But this requires more than simply making the technology available.</span></p> <p><span class="copy-block">Research by EY teams and the University of Oxford indicates that a human-centered approach to transformation can increase the likelihood of a successful outcome by 2.6 times. The digital transformation of recent years, which also followed a gradual-then-sudden trajectory, showed us that investments in technology and specialist teams could easily falter without driving a culture and mindset shift among managers and the people at the front lines.</span></p> <p><span class="copy-block">To realize AI’s full potential, broad upskilling is needed, not just in the new technology but also in new ways of working. The EY organization is upskilling all our people, more than 400,000, who now have access to EY.ai EYQ, our LLM. We are encouraging our people to treat EY teams as “client zero” for GenAI sustainability use cases, which can then be fully developed and offered to clients.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="chapter-breaker aem-GridColumn aem-GridColumn--default--12"> <div class="up-chapter-breaker up-chapter-breaker---with-image up-chapter-breaker--bothleft up-chapter-breaker--article" id="chapter-breaker-da6f65caac"> <div class="up-chapter-breaker__img"> <div class="up-image " data-up-is="image"> <div class="up-image__image" data-up-hook-image="[image]" data-aspect-ratio="1.5" style="--up-image-focal-x: 50%; --up-image-focal-y: 50%"> <div data-cmp-is="image" data-cmp-widths="100,200,300,400,500,600,700,800,900,1000,1100,1200,1600,1800,2000,2400,2700,3000,3300,3600,3840" data-cmp-src="/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width={width}" data-asset-id="7c4039d0-fb2f-4407-a397-04f1e05f7d93" data-cmp-filereference="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg" id="image-render-3a5c8bf601" 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2400w,/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width=2700 2700w,/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width=3000 3000w,/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width=3300 3300w,/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width=3600 3600w,/adobe/dynamicmedia/deliver/dm-aid--7c4039d0-fb2f-4407-a397-04f1e05f7d93/ey-tourist-standing-on-a-cliff-in-the-anaga-coast-spain.jpg?quality=85&preferwebp=true&width=3840 3840w" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3840" height="2560" alt="tourist standing on a cliff in the anaga coast spain.jpg"/> </div> </div> </div> </div> <div class="up-chapter-breaker__gradient"></div> <div class="up-chapter-breaker__number-container"> <span class="up-chapter-breaker__number">4</span> </div> <div class="up-chapter-breaker__content-grid"> <div class="up-chapter-breaker__content"> <p class="up-chapter-breaker__label"> Chapter 4 </p> <h2 class="up-chapter-breaker__title">Action agenda for sustainability acceleration</h2> <p class="up-chapter-breaker__subtitle">Start the journey of accelerating sustainability with AI.</p> </div> </div> </div> </div> <div class="nested-tile aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div class="content"> <div class="height-control"></div> <div class="nestedTileSec nestedTile-parsys rightAlign small"> <div id="nested-tile-container-2bc9cf8260" class="cmp-container"> <div class="upContentGrid component"><div> <div class="up-content-grid up-content-grid--default" id="up-content-grid-7cbd18f604" data-up-is="content-grid" data-up-analytics="content-grid" data-up-total-item-count="1"> <p class="up-content-grid__title">Related articles</p> <div class="up-content-grid__list" data-up-hook-content-grid="list"> <div class="up-content-grid__list-item " data-up-hook-content-grid="[listItem]"> <a class="up-content-grid__list-item-image-link" aria-hidden="true" href="/en_gl/insights/ai/five-generative-ai-initiatives-leaders-should-pursue-now" tabindex="-1"> <img class="up-content-grid__list-item-image" src="/content/dam/ey-unified-site/ey-com/en-gl/insights/ai/images/ey-ai-abstract-crowds-of-people-with-virtual-reality-street-display-new-v3.jpg" srcset="/content/dam/ey-unified-site/ey-com/en-gl/insights/ai/images/ey-ai-abstract-crowds-of-people-with-virtual-reality-street-display-new-v3.jpg.transform/up-img-width-small-screen/img.jpg 1x,/content/dam/ey-unified-site/ey-com/en-gl/insights/ai/images/ey-ai-abstract-crowds-of-people-with-virtual-reality-street-display-new-v3.jpg.transform/up-img-width-large-screen/img.jpg 2x,/content/dam/ey-unified-site/ey-com/en-gl/insights/ai/images/ey-ai-abstract-crowds-of-people-with-virtual-reality-street-display-new-v3.jpg.transform/up-img-width-xlarge-screen/img.jpg 3x" alt=" Abstract crowds of people with virtual reality street display meta data image"/> </a> <div class="up-content-grid__list-item-details"> <p class="up-content-grid__list-item-title"> <a class="up-content-grid__list-item-title-link" href="/en_gl/insights/ai/five-generative-ai-initiatives-leaders-should-pursue-now">Five generative AI initiatives leaders should pursue now</a> </p> <p class="up-content-grid__list-item-description"> Learn how to move beyond quick efficiency gains to a cohesive AI strategy that maximizes your growth potential in a fast-changing space. </p> <i class="up-content-grid__list-item-event-icon" aria-hidden="true"></i> <div class="up-content-grid__list-item-tagline"> <template data-up-hook-content-grid="[userFacingDateTemplate]"> <div data-up-translation-localtime-label="your local time" data-up-date-user="2023-10-05T00:00:00.000Z"></div> </template> <span data-up-hook-content-grid="userFacingDate" class="up-content-grid__list-item-tagline-publish-date"></span> <a class="up-content-grid__list-item-tagline-author-link" href="/en_gl/people/dan-diasio">Dan Diasio</a> <span class="up-content-grid__list-item-tagline-authors-count" title="GautamJaggi">+ 1</span> </div> </div> </div> </div> <div class="up-content-grid__pagination" data-up-hook-content-grid="pagination"> <button class="up-content-grid__pagination-previous" data-up-hook-content-grid="paginationPrevious"> <i class="up-content-grid__pagination-previous-icon" aria-hidden="true"></i> <span class="up-content-grid__pagination-previous-label">Previous</span> </button> <ul 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nested-tile--georgia-font"> <p>We are witnessing an inflection point where accelerating change in natural systems must be met with exponential, responsible change in human systems. We won’t close our gap in progress toward net-zero people and planet to create the future-fit resiliency we need by doing more of the same,” says Hinish.</p> <p>AI can help us close the gap through compounding acceleration of productivity and efficiency gains, and faster innovation. A key part of this will be the ability to arrive at insight more rapidly, and make faster and more responsible decisions, through GenAI.</p> <p>Realizing this potential depends on taking a responsible, people-centered approach that builds confidence in AI and creates value for all. This entails building confidence in the sustainable development and deployment of AI, taking a holistic approach to applying AI to sustainability challenges and augmenting people’s potential to make sustainable impact by democratizing access to GenAI.<br /> <br /> The following actions provide business leaders with an agenda for beginning this journey of accelerating sustainability with AI:</p> <ol><li>Start: GenAI is mature enough to be applied to your sustainability challenges today. Waiting will only cause you to fall behind in your ambitions and your competitors and delay the compounding acceleration AI can bring to your sustainability initiatives<i>.</i></li><li>Commit: The digital transformation of the last decade demonstrated the pitfalls of tinkering at the edges or maintaining siloed initiatives. Invest in GenAI, but also the culture change, mindset shift, new talent and upskilling to fully realize its value.</li><li>Co-create: Achieving change in complex natural, economic and technological systems requires broad-based collaboration with clients, business partners, government, civil society, academia and creatives. But to be effective and just, sustainability solutions must also be developed with the stakeholders most affected by them.</li><li>Include: Provide access to GenAI throughout the organization to unlock the passion and creativity of your people for sustainability. Work to ensure that LLMs include diverse insights and life experiences.</li><li>Experiment: GenAI creates an ability to question and iterate more quickly. Leverage this capability to focus on developing better questions, trialing and learning rather than defining outcomes.</li><li>Innovate: Drive sustainable innovation by applying AI to automate low-value research tasks and leveraging its ability to process large amounts of data, freeing innovation teams to focus on ideation and complex problem-solving.</li><li>Govern: Center your AI initiatives on human values to build confidence internally and externally and realize sustainable outcomes.<br /> </li><li>Mitigate: Understand the risks inherent with probabilistic LLMs (e.g., bias, hallucinations) and build confidence with a risk management approach that encompasses the full model life cycle.</li><li>Report: Measure and report on the differential sustainability impact of AI initiatives. Assess your net impact with Scope 4 and other metrics.</li><li>Share: Be transparent about AI experiments and initiatives, their success or failure, and lessons learned.</li></ol> </div> </div> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2"><div data-cmp-data-layer="{"rich-text-9c20d46592":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2024-02-09T14:07:11Z","xdm:text":"<p><i>With special thanks to the following&nbsp;<a href=\"https://www.ey.com/en_gl/ai/platform\"><b>EY.ai</b></a>&nbsp;and&nbsp;<a href=\"https://www.ey.com/en_gl/sustainability\"><b>EY Sustainability</b></a>&nbsp;team members for their contributions to this article: Rouzbeh Amini, Ben Falk, Seth Flory, Mary-Ivy Mbayah, David Rae, Swathi Sivaraman and Prianka Srinivasan.</i></p>\r\n"}}" id="rich-text-9c20d46592c5" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><i>With special thanks to the following <a href="https://www.ey.com/en_gl/ai/platform"><b>EY.ai</b></a> and <a href="https://www.ey.com/en_gl/sustainability"><b>EY Sustainability</b></a> team members for their contributions to this article: Rouzbeh Amini, Ben Falk, Seth Flory, Mary-Ivy Mbayah, David Rae, Swathi Sivaraman and Prianka Srinivasan.</i></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upArticleReference component aem-GridColumn aem-GridColumn--default--12"><span class="up-article-reference" data-up-is="article-reference" data-up-analytics="article-reference" data-analytics-page-title="How AI can help accelerate the pace of change | EY - Global" data-up-is-expanded="false"> <button id="article-reference-heading" class="up-article-reference__heading" data-up-hook-article-reference="heading" aria-controls="article-reference-content" aria-expanded="false" role="button"> <span class="up-article-reference__heading-opened">Show article references </span> <span class="up-article-reference__heading-closed">Hide article references </span> </button> <div id="article-reference-content" class="up-article-reference__content" data-up-hook-article-reference="content" role="region" aria-labelledby="article-reference-heading" aria-hidden="true" inert> <span><ol><li>‘The 2023 state of the climate report: Entering uncharted territory,’ <i>Bioscience</i>, 2023, 0 , 1–10 via <a href="https://doi.org/10.1093/biosci/biad080">https://doi.org/10.1093/biosci/biad080</a>, accessed 19 November 2023.</li><li><a href="https://www.aljazeera.com/news/2023/6/20/himalayan-glaciers-may-lose-75-percent-of-ice-by-2100-report">https://www.aljazeera.com/news/2023/6/20/himalayan-glaciers-may-lose-75-percent-of-ice-by-2100-report</a>, 19 November 2023</li><li><a href="https://www.reuters.com/business/environment/pace-rise-global-sea-level-has-doubled-un-climate-report-2023-04-21/">https://www.reuters.com/business/environment/pace-rise-global-sea-level-has-doubled-un-climate-report-2023-04-21/</a>, accessed 19 November 2023</li><li>EY analysis of data provided in ‘Global Trends of Forest Loss Due to Fire From 2001 to 2019’, <i>Frontiers of Remote Sensing</i>, Volume 3 – 2022, via <a href="https://doi.org/10.3389/frsen.2022.825190">https://doi.org/10.3389/frsen.2022.825190</a>, accessed 19 November 2023.</li><li>https://www.unep.org/resources/emissions-gap-report-2023, accessed 30 November 2023</li><li>State of Climate Action 2023, Systems Change Lab, 2023, <a href="https://www.wri.org/research/state-climate-action-2023">https://www.wri.org/research/state-climate-action-2023</a>, accessed 19 November 2023</li><li>https://www.pewresearch.org/short-reads/2023/08/28/growing-public-concern-about-the-role-of-artificial-intelligence-in-daily-life/, accessed 29 October 2023</li><li><a href="https://www.cxotoday.com/news-analysis/gen-ai-to-fuel-data-center-growth/">https://www.cxotoday.com/news-analysis/gen-ai-to-fuel-data-center-growth/</a>, accessed 29 October 2023</li><li><a href="https://www.iea.org/energy-system/buildings/data-centres-and-data-transmission-networks#tracking">https://www.iea.org/energy-system/buildings/data-centres-and-data-transmission-networks#tracking</a>, accessed 29 October 2023</li><li><a href="https://www.iea.org/energy-system/buildings/data-centres-and-data-transmission-networks#tracking">https://www.iea.org/energy-system/buildings/data-centres-and-data-transmission-networks#tracking</a>, accessed 29 October 2023</li><li><a href="https://hellofuture.orange.com/en/towards-a-less-data-and-energy-intensive-ai/">https://hellofuture.orange.com/en/towards-a-less-data-and-energy-intensive-ai/</a>, accessed 29 October 2023</li><li><a href="https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator">https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator</a>, accessed 19 November 2023</li><li><a href="https://ghgprotocol.org/estimating-and-reporting-avoided-emissions">https://ghgprotocol.org/estimating-and-reporting-avoided-emissions</a>, accessed 19 November 2023</li><li><a href="https://www.bloomberg.com/graphics/2023-generative-ai-bias/">https://www.bloomberg.com/graphics/2023-generative-ai-bias/</a>, accessed 2 November 2023</li><li><a href="https://en.unesco.org/courier/2021-3/indigenous-peoples-informed-custodians-biodiversity">https://en.unesco.org/courier/2021-3/indigenous-peoples-informed-custodians-biodiversity</a>, accessed 2 November 2023.</li><li><a href="https://hbr.org/2023/05/ai-can-help-you-ask-better-questions-and-solve-bigger-problems">AI Can Help You Ask Better Questions — and Solve Bigger Problems (hbr.org)</a>; <a href="https://www.nber.org/papers/w30957">Language Models and Cognitive Automation for Economic Research | NBER</a></li><li><a href="https://www.nytimes.com/2023/11/19/us/ai-infrastructure-construction.html">https://www.nytimes.com/2023/11/19/us/ai-infrastructure-construction.html</a>, accessed 20 November 2023.</li><li><a href="https://www.quantamagazine.org/ai-algorithm-foresees-chaotic-tipping-points-20220915/">https://www.quantamagazine.org/ai-algorithm-foresees-chaotic-tipping-points-20220915/</a>; and <a href="https://www.pnas.org/doi/10.1073/pnas.2106140118#executive-summary-abstract">https://www.pnas.org/doi/10.1073/pnas.2106140118#executive-summary-abstract</a>, accessed 9 November 2023.</li><li><a href="https://aiindex.stanford.edu/wp-content/uploads/2023/04/HAI_AI-Index-Report_2023.pdf">HAI_AI-Index-Report_2023.pdf (stanford.edu)</a>, accessed 25 October 2023.</li></ol></span> </div> </span> <br/> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn--tablet-portrait--none aem-GridColumn--tablet-portrait--12 aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn--mobile--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--offset--default--2 aem-GridColumn--mobile--12 aem-GridColumn--offset--mobile--0"><div data-cmp-data-layer="{"rich-text-330f69dbc0":{"@type":"ey-unified-site/components/rich-text","repo:modifyDate":"2023-12-19T17:49:40Z","xdm:text":"<h4><span class=\"copy-block\">Summary</span></h4>\r\n<p><span class=\"copy-block\">Interrelated climate change and biodiversity impacts are accelerating. Yet, the global response lags and corporate progress has stalled.</span></p>\r\n<p><span class=\"copy-block\">AI can help us close the sustainability gap by helping us overcome complexity to arrive at insights more rapidly and make faster, more responsible decisions. This creates self-reinforcing, positive acceleration.</span></p>\r\n<p><span class=\"copy-block\">Realizing this potential depends on building confidence in the sustainable development and deployment of AI, taking a holistic approach to applying AI to sustainability challenges, and augmenting the potential of people to make sustainable impact by democratizing access to GenAI.</span></p>\r\n"}}" id="rich-text-330f69dbc024" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Summary</span></h4> <p><span class="copy-block">Interrelated climate change and biodiversity impacts are accelerating. Yet, the global response lags and corporate progress has stalled.</span></p> <p><span class="copy-block">AI can help us close the sustainability gap by helping us overcome complexity to arrive at insights more rapidly and make faster, more responsible decisions. This creates self-reinforcing, positive acceleration.</span></p> <p><span class="copy-block">Realizing this potential depends on building confidence in the sustainable development and deployment of AI, taking a holistic approach to applying AI to sustainability challenges, and augmenting the potential of people to make sustainable impact by democratizing access to GenAI.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="upContentGrid component aem-GridColumn aem-GridColumn--default--12"><div> <div class="up-content-grid up-content-grid--default" id="up-content-grid-9fb331051e" data-up-is="content-grid" data-up-analytics="content-grid" data-up-total-item-count="2"> <p class="up-content-grid__title">Related articles</p> <div class="up-content-grid__list" data-up-hook-content-grid="list"> <div class="up-content-grid__list-item " data-up-hook-content-grid="[listItem]"> <a class="up-content-grid__list-item-image-link" aria-hidden="true" href="/en_gl/insights/sustainability/how-can-we-accelerate-climate-action" tabindex="-1"> <img class="up-content-grid__list-item-image" src="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-reframe-your-future-ship-storm-solar-panels-static-no-zoom-article.jpg" srcset="/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-reframe-your-future-ship-storm-solar-panels-static-no-zoom-article.jpg.transform/up-img-width-small-screen/img.jpg 1x,/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-reframe-your-future-ship-storm-solar-panels-static-no-zoom-article.jpg.transform/up-img-width-large-screen/img.jpg 2x,/content/dam/ey-unified-site/ey-com/en-gl/insights/sustainability/images/ey-reframe-your-future-ship-storm-solar-panels-static-no-zoom-article.jpg.transform/up-img-width-xlarge-screen/img.jpg 3x" alt="Ship storm solar panels"/> </a> <div class="up-content-grid__list-item-details"> <p class="up-content-grid__list-item-title"> <a class="up-content-grid__list-item-title-link" href="/en_gl/insights/sustainability/how-can-we-accelerate-climate-action">As global headwinds slow momentum, how can we accelerate climate action?</a> </p> <p class="up-content-grid__list-item-description"> The EY Sustainable Value Study shows company progress is ebbing, but those doing the most continue to realize value from their investments. 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