SUSTAINABILITY
our Ratings on evidence collected on a platform , so we were well-positioned to support customers in this shift . And our remote evidence also includes data from hundreds of thousands of news sources , databases and NGOs , as well as newer promising technologies that can help detect social issues like labour unrest , and environmental issues such as water pollution or deforestation .”
“ Technology makes it possible at scale ,” agrees Bisceglie . “ As the past two years of disruption have clearly demonstrated , supply chains are deeply complex and continuously in flux . Manual processes simply cannot keep track of all the different sustainability variables across a large organisation ’ s entire extended supply chain . AI makes it possible for companies to develop that extensive insight and monitor for ESG-related risk factors on an ongoing basis , such as unethical labour practices or greenhouse gas emissions . In turn , this level of insight helps guarantee best ESG practice across procurement partners and allows procurement leaders to mitigate the risk of reputational damage that results from poor sustainability practice .”
AI-powered technology can support procurement ’ s ESG commitments through collecting data in new ways . “ AI is only as good as the quality of the data used to ' train ' it ,” said Guyoton . “ We need human expertise both to program these tools , and to drive accurate , insightful analysis of the information being evaluated . But with a strong approach , we can scale how many companies receive ratings exponentially .”
“ As concerns grow surrounding ESG , AI powered-technology provides visibility throughout the complex business ecosystem that can be built into one system that differentiates between different
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