Research conducted recently by Deloitte and The Fletcher School at Tufts University found that 80 percent of US institutional investors use sustainability information when they make investment decisions. This is a remarkable finding. It shows the importance of sustainability information and also the importance of making that information the best possible. New standards will help in this area, but they will not be enough. Necessary but not sufficient. What is needed is a commitment by the companies disclosing the information to establishing a culture of integrity – disclosure, data and financial integrity. Disclosure integrity serves to reduce the amount of greenwashing in the disclosures, data integrity will help to ensure that the disclosures are based on true facts and financial integrity will help with the process of raising the standards of sustainability disclosure to that of financial disclosure.
Interested in adopting ChatGPT or generative AI for your business? Take a step back and look at their Large Language Model (LLM) origins. An LLM is a neuro-network using an algorithm that “processes natural language inputs and predicts the next word based on what it’s already seen. It goes on to predict the next word, and the next word, and so on until its answer is complete.”
