Artificial Intelligence and Corporate Social Responsibility: Synergies, Challenges, and Future Directions

Corporate social responsibility, or CSR, has been the subject of an increasing amount of interest with the infusion of artificial intelligence or AI. AI may open up much-needed improvements in CSR practice, including better decision-making, transparency, and sustainable benefits, but it also poses challenges related to the ethical concerns of data privacy, bias, and accountability. This paper focuses on how an AI-based approach enhances CSR activities and identifies risks embedded in AI adoption in approaches to CSR. The study combines qualitative interviews with industry experts and quantitative analysis of CSR reports from AI-adopting firms and thus sheds lights on the upside and downside of AI-enhanced CSR. Finally, this article ends with recommendations in developing a framework that would align AI capabilities with CSR objectives and indicates how that may potentially challenge future research directions in order to mitigate the ethical challenges involved.

Authors

Publication Details

Journal
International Journal of Advanced Multidisciplinary Research and Studies
Published
2024-11-08
DOI
https://doi.org/10.62225/2583049x.2024.4.6.3399
Citations
6
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
Field-Weighted Citation Impact
3.33
Controls
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article

Artificial Intelligence and Corporate Social Responsibility: Synergies, Challenges, and Future Directions

Manu S Babu, K. Jagan Mohan Reddy, V Reddy, Venkateswararao Podile et al.
6 citations
International Journal of Advanced Multidisciplinary Research and Studies
Supply Chain Resilience and Risk Management
3.33
article

Artificial Intelligence and Corporate Social Responsibility: Synergies, Challenges, and Future Directions

Manu S Babu, K. Jagan Mohan Reddy, V Reddy, Venkateswararao Podile, Adusumalli Karthik Phani
article en
6 citations

Abstract

Corporate social responsibility, or CSR, has been the subject of an increasing amount of interest with the infusion of artificial intelligence or AI. AI may open up much-needed improvements in CSR practice, including better decision-making, transparency, and sustainable benefits, but it also poses challenges related to the ethical concerns of data privacy, bias, and accountability. This paper focuses on how an AI-based approach enhances CSR activities and identifies risks embedded in AI adoption in approaches to CSR. The study combines qualitative interviews with industry experts and quantitative analysis of CSR reports from AI-adopting firms and thus sheds lights on the upside and downside of AI-enhanced CSR. Finally, this article ends with recommendations in developing a framework that would align AI capabilities with CSR objectives and indicates how that may potentially challenge future research directions in order to mitigate the ethical challenges involved.

International Journal of Advanced Multidisciplinary Research and StudiesVol. 4(6)
Openalex Percentile: Top 7%
Supply Chain Resilience and Risk Management
3.33
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Artificial Intelligence and Corporate Social Responsibility: Synergies, Challenges, and Future Directions — Manu S Babu, K. Jagan Mohan Reddy, et al. · International Journal of Advanced Multidisciplinary Research and Studies (2024) | TGRS Research Map | TGRS