The This paper builds on this research in an publication of the European Union’s proposed examination of the value of applying an ESG lens Artificial Intelligence Act (AI Act) in April 2021, to the challenge of AI governance, and specifically represents the first example of a comprehensive the management of AI-related risk. [...] For this to happen, there needs to be a robust discussion around the nature The challenge of operationalizing ethical AI and materiality of AI risk and opportunity and the principles with practical approaches is at the core implications for reporting and disclosure. [...] SASB Standards in an AI Context Materiality of AI-Related Risk Materiality is about preparing businesses to address and Direction of the ISSB risks and opportunities, and it follows that the The idea of scoping the materiality of AI-related issues of greatest impact in mining precious metals risk according to organizational systems and are not the same as those in health care or banking. [...] differences in particular between users and developers of AI, it is recommended that the The extent to which core content questions development of future global standards for AI- are relevant is likely to hinge on the role and related disclosure contemplate the industry- intensity of the organization with respect to specific approach of the SASB standards. [...] The recommendations set forth in this paper have been developed in recognition of the ISSB’s momentum in establishing a global set of standards around reporting on the ESG impacts of firms, and the relevance of these impacts to the investors of firms that develop and deploy AI.
- Pages
- 28
- Published in
- Canada
