3 benefits of Artificial Intelligence for ESG advancements

In recent years, artificial intelligence and the acronym ESG have gained significant prominence. On one hand, disruptive technology, and on the other, the acronym that encompasses social and environmental impact. More than that, these two terms, together, become essential pillars for building more sustainable businesses.

This is what the Panorama 2024 Survey, conducted by Amcham, points out regarding the main trends with the potential to accelerate business in the coming year. The survey revealed that Artificial Intelligence (60%) and ESG/Sustainability (51%) are top of mind for executives looking to advance in the market.

“At first, many may not see the connection clearly and wonder what Artificial Intelligence has to do with ESG. However, when combined with human resources, AI can be perfectly leveraged to design strategies based on detailed analyses, and it can do this in much less time, further optimizing resources,” emphasizes Alcione Pereira, CEO and founder of Connecting Food.

Although pros and cons permeate the use of AI in different sectors, when used properly, the technology can bring countless benefits to all aspects of ESG. With this in mind, the CEO provided some examples. Check them out below:

Environmental Benefits of AI
Technological innovation can support the development of green technologies. That is, it can be used to develop and improve renewable energy technologies, sustainable agriculture, and other environmentally related fields.
In the food chain and waste reduction, for example, Artificial Intelligence can predict food deterioration during transportation and storage, allowing proactive interventions. Additionally, it can map the environmental impacts of surplus food before and after it is processed into food suitable for donation.

Social Benefits of AI
Artificial intelligence can help companies embrace social responsibility, contributing to a more sustainable and equitable future, while also helping business growth. AI can help identify areas of greatest need and coordinate food delivery, ensuring that aid reaches those who need it most.

Governance Benefits of AI
For businesses, technology can help companies identify and manage climate, regulatory, and corruption risks, as well as provide insights to assist in making strategic decisions related to ESG criteria.

In the food supply chain, AI can analyze large volumes of historical and current data to predict food demand more accurately. Blockchain technologies combined with AI improve food traceability throughout the supply chain.