Investment in generative artificial intelligence (AI) technologies, products, solutions, and services has recently exploded around the world. Possibilities to improve processes or build entirely new products are everywhere. But all this potential comes with important risks that need to be managed.
Investors have a crucial role to play in shaping Australia’s RAI ecosystem, yet there is a lack of established guidance for investors to navigate this rapidly evolving space. That's why we have partnered with Alphinity Investment. Driven by market need, we have developed an expert-led framework to support stronger integration of AI-related risks and opportunities into investment practices.
This framework not only delivers insightful research, but it provides practical tools for investors by operationalising Australia’s eight AI Ethics Principles. It is hoped the investment community – and companies more broadly – will embrace these tools as standard practice for responsible AI measurement.
We want to equip investors with the knowledge and skills they need to:
- Understand the AI state of play and how companies can integrate responsible AI (RAI) successfully into existing Environmental, Social and Governance (ESG) strategies and across their business,
- assess RAI practices within companies, guided by a unique framework that is built upon existing ESG foundations,
- advance RAI leadership in industry, and push for meaningful, standardised company disclosures.
Download The intersection of Responsible AI and ESG: A Framework for Investors report for free to also read insights developed through interviews with 28 Australian and globally listed companies, supported by desktop research of a further 25 companies, including 6 Australian and 19 global organisations.
Download the report
- The intersection of Responsible AI and ESG: A Framework for Investors
- The intersection of Responsible AI and ESG: A Framework for Investors - accessible text only
Responsible AI ESG Framework for Investors
With Alphinity, we've co-designed a framework to help investors identify and manage emerging AI risks and opportunities by building on existing environmental, social and governance (ESG) foundations.
This set of templates have been developed as part of a joint project between the CSIRO and Alphinity Investment Management.
It is intended to be used by equity investors who want to assess the environmental, social and governance (ESG) implications of the design, development and deployment of Artificial Intelligence (AI). It can also be used as a guide for listed companies and other stakeholders that are considering how best to integrate efforts in Responsible AI (RAI).
The CSIRO ESG-AI Framework template is available for download under a Creative Commons Attribution-ShareAlike 4.0 International.
Investment in generative artificial intelligence (AI) technologies, products, solutions, and services has recently exploded around the world. Possibilities to improve processes or build entirely new products are everywhere. But all this potential comes with important risks that need to be managed.
Investors have a crucial role to play in shaping Australia’s RAI ecosystem, yet there is a lack of established guidance for investors to navigate this rapidly evolving space. That's why we have partnered with Alphinity Investment. Driven by market need, we have developed an expert-led framework to support stronger integration of AI-related risks and opportunities into investment practices.
This framework not only delivers insightful research, but it provides practical tools for investors by operationalising Australia’s eight AI Ethics Principles. It is hoped the investment community – and companies more broadly – will embrace these tools as standard practice for responsible AI measurement.
We want to equip investors with the knowledge and skills they need to:
- Understand the AI state of play and how companies can integrate responsible AI (RAI) successfully into existing Environmental, Social and Governance (ESG) strategies and across their business,
- assess RAI practices within companies, guided by a unique framework that is built upon existing ESG foundations,
- advance RAI leadership in industry, and push for meaningful, standardised company disclosures.
Download The intersection of Responsible AI and ESG: A Framework for Investors report for free to also read insights developed through interviews with 28 Australian and globally listed companies, supported by desktop research of a further 25 companies, including 6 Australian and 19 global organisations.
Download the report
- The intersection of Responsible AI and ESG: A Framework for Investors PDF (2 MB)
- The intersection of Responsible AI and ESG: A Framework for Investors - accessible text only TXT (85 KB)
Responsible AI ESG Framework for Investors
With Alphinity, we've co-designed a framework to help investors identify and manage emerging AI risks and opportunities by building on existing environmental, social and governance (ESG) foundations.
This set of templates have been developed as part of a joint project between the CSIRO and Alphinity Investment Management.
It is intended to be used by equity investors who want to assess the environmental, social and governance (ESG) implications of the design, development and deployment of Artificial Intelligence (AI). It can also be used as a guide for listed companies and other stakeholders that are considering how best to integrate efforts in Responsible AI (RAI).
The CSIRO ESG-AI Framework template is available for download under a Creative Commons Attribution-ShareAlike 4.0 International.
Download the Responsible AI ESG Framework for Investors XLSX (479 KB)