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Role of Artificial Intelligence in Sustainable Finance

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Engineering Applications of Artificial Intelligence

Abstract

Sustainability has gotten more attention in recent years because of environmental activists who are pressuring businesses to incorporate sustainable practices into their daily operations. Businesses must now demonstrate their ability to operate with the greatest efficiency and effectiveness possible in order to succeed. This document's main goal is to look into how financial management affects sustainability, how it affects overall performance, and how it relates to sustainable artificial intelligence (AI). Many businesses all around the world are now mandating that using sustainable business practices is an integral part of their operations. Financial management has proven to play a key role in promoting sustainability, which positively impacts business success. Businesses are using artificial intelligence (AI) more and more to recognize environmental and climate change-related problems, evaluate how they affect daily operations, and develop solutions. Investigating many facets of environmentally friendly development, ESG (Environmental, Social, and Governance) investment, and utilizing artificial intelligence to assist creditors, investors, and corporate leaders in making educated decisions are the main areas of attention. In the long run, this will help to ensure financial stability. In this perspective, it is important to think about the challenges and potential benefits that AI presents when offering answers to sustainability-related problems. One societal issue that artificial intelligence (AI) has the potential to solve is sustainability—his editorial deterioration and the urgent climate crisis present complex problems that call for cutting-edge, innovative solutions. According to a survey of the literature, corporations and governments have embraced sustainability in their own circumstances and are actively pursuing it. In addition to summarising the papers in this edition, this Editorial offers novel viewpoints gleaned from the literature. It also explores the wider significance of AI beyond its use as a problem-solving tool in financial management and the crucial role AI applications and models play in sustainable finance.

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Authors and Affiliations

  1. MM Institute of Management, Maharishi Markandeshwar (Deemed to Be University), Mullana-Ambala, Haryana, India

    Monika Rani & Ram Singh

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  1. Monika Rani
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  2. Ram Singh
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Correspondence to Monika Rani .

Editor information

Editors and Affiliations

  1. Faculty of Law, Economics and Social Sciences, Hassan II University, Casablanca, Morocco

    Aziza Chakir

  2. Information Systems, Universitas Bunda Mulia, Jakarta, Indonesia

    Johanes Fernandes Andry

  3. Department of Computer Science Faculty of Computing and Artificial Intelligence, Air University, Islamabad, Pakistan

    Arif Ullah

  4. Department of Management Studies, Vaish College of Engineering, Rohtak, India

    Rohit Bansal

  5. Department of Mathematics and Computer Science, University of Hassan II, Casablanca, Morocco

    Mohamed Ghazouani

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© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG

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Rani, M., Singh, R. (2024). Role of Artificial Intelligence in Sustainable Finance. In: Chakir, A., Andry, J.F., Ullah, A., Bansal, R., Ghazouani, M. (eds) Engineering Applications of Artificial Intelligence. Synthesis Lectures on Engineering, Science, and Technology. Springer, Cham. https://doi.org/10.1007/978-3-031-50300-9_22

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  • DOI: https://doi.org/10.1007/978-3-031-50300-9_22

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-50299-6

  • Online ISBN: 978-3-031-50300-9

  • eBook Packages: Synthesis Collection of Technology (R0)

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