Environmental, Social, and Governance-Based Artificial Intelligence Governance: Digitalizing Firms’ Leadership and Human Resources Management

• Published in: Sustainability Vol. 16; no. 16; p. 7154
• Main Authors: Sklavos, George, Theodossiou, George, Papanikolaou, Zacharias, Karelakis, Christos, Ragazou, Konstantina
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 01.08.2024
• Subjects: Algorithms; Artificial intelligence; Bibliometrics; Business; Climate change; Climatic changes; Consumer behavior; Corporate governance; Corporate responsibility; Data analysis; Decision making; Efficiency; Environmental impact; Environmental sustainability; Executives; Innovations; Social responsibility; Sustainable development; Trends; China; India
• DOI: 10.3390/su16167154
• ISSN: 2071-1050

The integration of artificial intelligence (AI) with environmental, social, and governance (ESG) factors is impacting the direction of enterprises and society in our swiftly expanding world. This collaboration has significant potential to tackle critical issues such as reducing the impact of climate change, fostering social integration, and improving corporate governance. Nevertheless, the implementation of AI gives rise to intricate matters and apprehensions, as it brings out a distinct array of hazards and ethical quandaries for ESG performance. The objective of the present research is to fill this gap by gathering and offering a contemporary evaluation of the influence of advancing technologies on the strategic leadership’s role in fulfilling the business goal within the context of ESG considerations. We used bibliometric analysis to investigate the study subject using R Studio version 4.2.0 and the bibliometric applications VOSviewer version 1.6.20 and Biblioshiny version 4.2.0. We obtained data from the Scopus database and used the PRISMA approach to suitably choose 205 research publications. The results suggest that it is essential to use AI and ESG to digitize the boardroom. Additionally, it is crucial to guarantee its security using an advanced detection system. Therefore, chief executive officers (CEOs) must give priority to the issues of transparency and cybersecurity to reduce risks and successfully inspire trust in business activities.