ARTIFICIAL INTELLIGENCE AND ESG REPORTING IN EMERGING ECONOMIES: CHALLENGES, OPPORTUNITIES, AND THE CASE OF UZBEKISTAN
Keywords:
artificial intelligence, ESG reporting, IFRS S1, IFRS S2, sustainability disclosure, Uzbekistan, emerging economies, corporate governance.Abstract
The fast-paced development of artificial intelligence technology has had an impact on how companies approach sustainability reporting and ESG disclosures. This paper explores the potential of AI as a tool for making ESG reporting more accurate, transparent, and efficient, especially in the case of developing countries such as Uzbekistan. It was found that while AI brings a number of benefits to ESG reporting, including automation, predictive analytics, and sustainable real-time monitoring, there are still a number of issues, including governance issues, lack of ethical regulation, increased energy consumption, and data accuracy. In conclusion, developing nations should consider strengthening their institutions, digital capabilities, and IFRS Sustainability Disclosure Standards for maximum benefit.
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