target audience: TECH SUPPLIER Publication date: Apr 2024 - Document type: Market Presentation - Doc Document number: # US52030424
Sustainable AI and AI for Sustainability — Leveraging the Upside While Mitigating the Risks of AI to Accelerate Sustainable Transformation
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Abstract
This IDC Market Presentation looks at how artificial intelligence (AI) has a tremendous potential to accelerate organizations' sustainable transformation journeys and create business value by helping them automate their ESG data collection and increase the accuracy of their reporting, improve operational efficiencies, and anticipate and respond to supply chain risks. However, the use of AI also poses risks that can harm their ESG performance, compliance, and trustworthiness (e.g., if algorithm bias leads to unfair or unethical decision-making).
As organizations are implementing artificial intelligence into their operations, they need to be strategic about the sustainability-related use cases that generate the greatest financial and nonfinancial ROI and aware of the industry-specific risks that this technology can pose. Bjoern Stengel, IDC's Sustainability Research Lead, gave this presentation at IDC Directions in Boston and San Jose in March and April 2024, highlighting current market trends and research findings in the context of IDC's sustainable transformation and maturity research. The presentation includes data from IDC's 2024 AI and Sustainability Survey (n = 1,390).