Accountants need to ensure long term sustainability objectives are not sacrificed for short term AI gains

Dubai, UAE; 10 December 2024: The latest of the Association of Chartered Certified Accountants’ (ACCA) AI Monitor series Unravelling AI’s role in sustainability states that to embrace AI effectively requires education and a cultural mind shift.

Accountants have a key role in driving organisations towards using AI (artificial intelligence) to hit sustainability goals, especially in the area of data quality and data governance. At the same time, they must make organisations aware of the environmental impact of AI investment in terms of greater emissions and water usage.