At present, Artificial Intelligence (AI) is changing the game in various industries, and asset management is certainly not left behind. As asset managers aim to incorporate ESG factors into their investment strategies, AI has gained prominence owing to its potential to enhance the efficiency and effectiveness of ESG assessments. Through AI tools, asset managers can gain valuable insights into the ESG performance of companies, which helps them make more informed investment choices, facilitate regulatory compliance, and safeguard investments from potential risks.
Asset managers can use AI for multiple objectives, allowing them to move beyond traditional practices and optimize decision-making.
Read More: Impact of AI on ESG Assessment: What Asset Managers Need to Know