“ The algorithms can be used to analyse massive data sets and identify the most cost-efficient approach for a certain impact category ,” he says . “ Human intelligence can then help companies make sense of the data and decision recommendations that algorithms generate .
“ This ensures that the insights generated by AI are interpreted correctly and aligned with the company ’ s sustainability goals . Therefore , AI can be a powerful tool to support sustainability initiatives , but it should be viewed as a means to achieve a certain end , not an end in itself .”
Can financial institutions really achieve their net zero ambitions ? While Hitachi ’ s Pablo is optimistic that net zero goals will be met , “ unanimity across the board will be difficult ”.
He notes : “ Banks face challenges in achieving sustainability goals due to outdated systems , concerns about risk management , unclear metrics , and fears of short-term revenue losses .
“ Overcoming these obstacles requires innovative solutions , robust risk assessment frameworks , transparent metrics aligned with sustainability objectives and a shift towards long-term profitability strategies .”
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