Friend or foe? The problem with AI and greenwashing
Artificial intelligence is a double-edged sword which can enhance transparency and also perpetuate false claims on sustainability efforts
THE battle against greenwashing is set to become easier with a potential ally – artificial intelligence (AI).
Driven by cold, hard data and emotionless algorithms, AI can play a critical role in identifying misleading claims and verifying environmental performance, thus increasing transparency in sustainability efforts.
Greenwashing – when businesses make misleading claims to the public about their environmentally sustainable efforts or products – is rampant in markets throughout the world, spurred both by profit chasing and increasingly pro-environment consumers.
TRENDING NOW
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects