Generative AI is a type of artificial intelligence that can create new content, like text or images, by learning from a lot of data. In ESG reporting, where companies share how they're doing with environmental, social, and governance issues, Generative AI can be a big help.
Imagine you have to write a long report about how your company is helping the environment or treating its workers. It can take a lot of time and effort to gather all the information and put it into a report. Here's where Generative AI comes in. It can quickly look at lots of data and then help write parts of the report. It's like having a smart helper who can draft reports, find important points, and even suggest improvements.
In simple terms, Generative AI can make writing ESG reports faster, easier, and better. It's like having a smart assistant who's always there to help you make your report as good as it can be.
We implemented AI Assistant in our platform and we have to admit, it can boost a user productivity by more than 50%! Please take a look at one simple example in this video:
Of course, the scenario in the video is simplified, because we should report how these policies address the identification, assessment, management and/or remediation of material impacts on the undertaking’s own workforce specifically, as
well as policies that cover material impacts, risks and opportunities related to its own
workforce. But we made the key point - AI can assist you find relevant documents, information within those documents, and can make high quality summaries and conclusions about the information.
In conclusion, it's clear that this tool is incredibly effective for creating draft descriptions. Its ability to boost productivity is not just impressive—it's game-changing. By providing quick, helpful drafts, it allows you to focus on refining and perfecting your content, ultimately saving time and enhancing the quality of your work. It's more than just a tool; it's can be a vital asset in making your reporting process smoother and more efficient.
If you are interested in using our platform or want to discuss tailor-made AI assistants for your use case, please don't hesitate to get in touch with us: