Artificial Intelligence for Sustainable Finance: Why it May Help

14 Pages Posted: 20 Oct 2022

See all articles by Marie Briere

Marie Briere

Amundi Asset Management; Paris Dauphine University; Université Libre de Bruxelles

Matthieu Keip

Amundi Technology

Tegwen Le Berthe

Amundi Asset Management

Date Written: October 19, 2022

Abstract

Developments in Artificial Intelligence (AI) and machine learning have led to the creation of a new type of ESG data that do not necessarily rely on information provided by companies. This paper reviews the use of AI in the ESG field: textual analysis to measure firms’ ESG incidents or verify the credibility of companies’ concrete commitments, satellite and sensor data to analyse companies’ environmental impact or estimate physical risk exposures, machine learning to fill missing corporate data (GHG emissions etc.). We also discuss potential challenges, in terms of transparency, manipulation risks and costs associated with these new data and tools.

Keywords: Artificial Intelligence, Machine Learning, sustainable finance, ESG

JEL Classification: G11

Suggested Citation

Briere, Marie and Keip, Matthieu and Le Berthe, Tegwen, Artificial Intelligence for Sustainable Finance: Why it May Help (October 19, 2022). Available at SSRN: https://ssrn.com/abstract=4252329 or http://dx.doi.org/10.2139/ssrn.4252329

Marie Briere (Contact Author)

Amundi Asset Management ( email )

90 Boulevard Pasteur
Paris, 75015
France

Paris Dauphine University ( email )

Université Libre de Bruxelles ( email )

Brussels
Belgium

Matthieu Keip

Amundi Technology

Tegwen Le Berthe

Amundi Asset Management ( email )

90 Boulevard Pasteur
Paris, 75015
France

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