Harnessing AI and blockchain in sustainability assurance: Trends shaping the future of verification

Title

Harnessing AI and blockchain in sustainability assurance: Trends shaping the future of verification

Creator

Balaji, K.

Description

The integration of artificial intelligence (AI) and blockchain technology is revolutionizing sustainability assurance, setting new benchmarks for transparency, accuracy, and accountability. This article explores current trends and innovative applications of AI and blockchain in verifying corporate sustainability efforts, from automated data analysis to secure, decentralized record- keeping. By leveraging AI for real- time monitoring and data insights, organizations can better track environmental and social impacts, while blockchain ensures data integrity and traceability across supply chains. These advancements enhance stakeholder trust and support regulatory compliance, addressing increasing demands for robust sustainability verification in global markets. Furthermore, the paper discusses challenges such as data privacy and implementation costs, offering insights into the potential long- term impact of these technologies on corporate governance. By examining recent case studies and market trends, this article outlines a future where technology-d riven assurance processes. 2025, IGI Global Scientific Publishing. All rights reserved.

Source

Navigating Trust in Sustainability Reporting and Assurance;pp.215-242

Date

01-01-2025

Publisher

IGI Global

Coverage

Balaji K., Christ University, Bengaluru, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-833730119-8; 979-833730117-4;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3373-0117-4.ch007

https://www.scopus.com/pages/publications/105000142517?origin=resultslist