Alibaba Group’s Post

Alibaba Group published our 2024 ESG Report. This report provides updates on our key ESG strategic dimensions, including progress and performance in key initiatives such as our carbon neutrality pledges, digital inclusion, AI innovation and more. As stated by Eddie Wu, our CEO - “The core of our ESG efforts is focused on how to be a better company”. To become a better company, we need to participate in addressing common challenges, we must also address the challenges we face in our development. Please read our 2024 ESG Report and understand more our ESG efforts!

Microsoft’s AI ambitions threaten to derail carbon neutrality pledge . Microsoft Corp.’s ambitious pledge to remove more carbon than it emits by 2030 is now at risk due to its aggressive push to lead in artificial intelligence.  . #MicrosoftgreenAI #speedupsustainability #collaborationforchange #AIsustainabilitychallenge #datacentergrowth #greeninnovationneeded #Microsoft #AI #sustainability #carbonfootprint #carbonnegative . Read full story: https://lnkd.in/dFGq2EqS

🤝 How can we restore #trust in the future while we go through structural shifts like #climatechange and #artificialintelligence? That's the theme of this year's World Economic Forum Annual Meeting, taking place now in Davos 🇨🇭. #WEF24. 🤖 Some panels and discussions will focus on how to trust #technology and the ethics of #AI. The financial services ecosystem is one of the more deeply transformed by #digitization and emerging technologies. How can users, especially low-income people, trust their money is safe and always available? How to treat them fairly? 🇺🇳 The #UN Principles for #ResponsibleDigitalPayments seek to guide governments, companies, and international organizations on how to build trust, mitigate risks & drive inclusive economies. 👀 Find the UN Principles for Responsible #DigitalPayments here: https://lnkd.in/dwN5cKYY

I find it crucial to stay informed about the state of trust, especially working in ESG, and the Edelman Trust Barometer provides valuable insights each year. This year's report, "Innovation in Peril," is particularly sobering. Richard Edelman's call for companies to prioritize adaptation and acceptance alongside innovation resonated with me. As we continue to push forward with AI, it's essential that caution and consideration remain at the forefront for all companies. I’ll be taking the time to digest the report and incorporate in my own work on sustainability communications. #EdelmanTrustBarometer #Innovation #AI #Responsibility https://lnkd.in/eE-pibBU

📲 In an era where environmental, social, and governance (#ESG) considerations are paramount, artificial intelligence (#AI) emerges as a transformative force. 🌍 By harnessing AI’s capabilities, organisations can proactively address climate change, enhance sustainability practices, and drive positive impact. 💡 From predictive analytics to supply chain optimisation, The Currency's article summarises our recent Leadership Exchange event and delves into how AI empowers ESG initiatives, making them more effective and efficient. Read it in full here 👇 #PwCLeadershipExchange #BusinessTransformation

In 2024, businesses in the MENA region are navigating through changing geostrategic equations and evolving regulatory landscapes. Our latest article about EMEIA board priorities looks into the strategies boards are employing to overcome challenges and drive growth. Key priorities include, driving AI transformation, retaining talent, building resilient and sustainable supply chains and strategic investment for ESG transformation. https://lnkd.in/dwWwURCw   #BoardMatters #SupplyChainResilience #BoardPriorities #AI #Sustainability #EMEIA #MENA

How to Avoid the Ethical Nightmares of Emerging Technology

AI and innovation at a sustainable investment conference? 🤔 PRI in Person is the flagship conference of the UN-supported Principles for Responsible Investment, bringing together asset managers, asset owners, banks, service providers, NGOs and others in the investment community to discuss the latest in responsible investing. ClimateAligned is here for the first time, keen to learn more about the wider challenges in the industry on the practicalities of having more green opportunities to originate, finance or invest in. We believe that by using AI, we can make it so much easier for everyone to wade through, compile and recompile their key sustainability related details. This in turn helps scale the market! If you’re stuck in document hell on ESG, come and have a chat. 👋💬 #sustainableinvestment #responsibleinvestment #generativeAI #genAI #sustainablefinance

🔍 The AI Detective Exposing Greenwashing in the ESG Investment World 🕵️♀️ Are all "green" investments truly green? Clarity AI, a leading sustainability tech company, has uncovered a startling reality: nearly half of EU funds using eco-friendly labels may not meet new, stricter sustainability regulations. Why should this concern investors? 🤔 This isn't just about semantics. It's about trust and transparency in a market where trillions of dollars are at stake. Investors are increasingly seeking sustainable options, but misleading claims can lead to misaligned investments and undermine the entire ESG movement. Clarity AI's innovative technology is a powerful tool in the fight against greenwashing. Their AI-powered platform analyzes vast amounts of ESG data, uncovering inconsistencies and potential misrepresentations.Clarity AI provides independent ESG ratings, giving investors a clear and objective assessment of a fund's sustainability performance. The stakes are high. The EU's crackdown on greenwashing is a wake-up call for the financial industry. But with Clarity AI's technology, investors can navigate this new landscape with confidence. Key findings from Clarity AI's study: 44% of eco-named funds may need to change their names or divest assets to comply with new EU regulations. This highlights the prevalence of greenwashing and the need for more rigorous ESG analysis. Investors can no longer rely on labels alone; they need reliable data to make informed decisions. Clarity AI is committed to providing that data. Their technology is constantly evolving to keep pace with the latest regulations and industry trends. They're dedicated to helping investors navigate the complexities of the ESG landscape and ensure their money is truly making a positive impact. The future of sustainable finance depends on transparency and accountability. Let's celebrate the power of AI to build a more sustainable and equitable future together. #ESG #sustainability #greenwashing #sustainablefinance #investing #EUregulations #ClarityAI #AI #techforgood #fintech

😎 What’s ESG? The direction of using AI in organizations. ESG has become a significant trend, especially towards the end of 2023, following the government's announcement that Funds that invest in ESG stocks can receive an additional THB100,000 tax deduction. Therefore, it becomes of interest to investors or the taxpayer market. ESG: Environmental, Social, and Governance E - Environment: An example is PTT, an oil production company, which may not be able to directly reduce carbon emissions. However, they engage in activities known as Carbon Credits. When the company cannot reduce the amount of carbon released into the air through its operations, it creates oxygen or ozone, demonstrating environmental and social responsibility. S - Social: This refers to the societal context in which we exist. In investment terms, it involves stakeholders. For example, organizations consist of employees, and without them, there is no company. Companies need to take care of their employees, offering fair compensation, ensuring good relationships with partners, shareholders, and disclosing profit margins and investment plans. Companies or individuals that consider environmental and social aspects contribute to a friendly and mutually beneficial coexistence. G - Governance: This aspect relates to transparency and ethical conduct. Are executives embezzling funds? Is there proper auditing? Organizations that prioritize transparency and fairness create an environment where everyone can coexist in the long term. In Thailand, many companies, especially those listed on the main stock market or the MAI market, fall under the ESG framework. For a more comprehensive understanding, tune in to the dpmTech series packed with informative technology content!!! Youtube: https://lnkd.in/gQti5njA Youtubepodcast: https://lnkd.in/g-pyQbVn Spotify: https://lnkd.in/gFszGnY3 Medium: https://lnkd.in/gZGtztnz Website: https://lnkd.in/gFAny-ay #ESG #AI #carboncredit #carbonfootprint #dpmthailand #dynatrace