AI tools for sustainability
Actionable information for both humans and machines
People struggle with complex information everywhere: policies and prospectuses are too long, contracts and regulatory requirements confuse, and companies are required to report more and more information. Legal Design tries to tackle these problems by making information more comprehensible. AI tools, such as Open AI’s GPT-3, open up new opportunities to make readers’ and writers’ tasks easier. This paper considers how GPT-3 can help transform sustainability reporting, investment disclosures and contracts so that people and businesses can better understand their rights and obligations, address the causes of ESG problems, and monitor and strengthen sustainability.
Table of contents
- 1. Sustainability Calls for Information
- 1.1. The Growing Need for Sustainability Information Caused by a Legislative Tsunami
- 1.2. The Aim of Our Paper: Taming the Tsunami
- 2. Sustainability Information in Action
- 2.1. Company Reporting as a Source of Sustainability Information
- 2.2. Sustainability Information Furthering Sustainable Investing
- 2.3. Fostering Sustainability with Contracts
- 3. Legal Design and AI Tools Helping to Make Information Actionable
- 4. AI Tools at Work – Example Cases
- 5. Conclusions
- 6. References
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