ESG Platform Sustainable Lens
Nasdaq announced the launch of the ESG platform Sustainable Lens, which aims to use artificial intelligence technology to help companies make sustainable decisions and improve the transparency of ESG information disclosure.
Nasdaq believes that ESG data is an ideal case for artificial intelligence applications. These data are disclosed by companies in different types of documents and are mainly qualitative and unstructured data. These data properties give artificial intelligence a broad space for development when processing information, and they can improve the efficiency of data collection and processing.
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Applications of Sustainable Lens
As a data-driven platform, Sustainable Lens has incorporated ESG data from more than 9,000 companies, which can help companies make optimal decisions, compare competitors’ ESG progress, and focus on corporate sustainable development. Businesses can gain sustainable insights and stay ahead of the curve in their industries and markets.
In addition to providing business assistance, Sustainable Lens can also help with compliance. Companies can test different scenario analyzes in the platform and consider sustainability under different benchmarks. Sustainable Lens can also automatically process data in accordance with global ESG reporting standards and simplify information disclosures.
Reference:
ESG AI – Benchmarking, Emerging Trends, Best Practices | Nasdaq