Who will walk away with the Brand of the Year award at this year’s Cars.co.za Consumer Awards. Cars.co.za in partnership with Absa present the…
Clarity AI, a leading provider of environmental and social insights, has announced its collaboration with Amazon Web Services (AWS) to leverage the latter’s generative AI, machine learning, and analytics capabilities. This partnership aims to revolutionise the way companies and consumers make informed decisions that align with their sustainability goals.
Clarity AI’s platform, powered by AWS, analyses vast amounts of data to track, measure, and optimise the social and sustainability impact of investment portfolios and ensure compliance with regulatory reporting requirements. These insights empower investors to direct funds towards companies that generate positive environmental impacts, while also guiding consumers towards sustainable brands.
…research suggests that using cloud-powered technologies can accelerate the implementation of 101—or 47 percent—of the 217 representative decarbonization initiatives that are required to achieve the global 1.5° pathway by 2050
Angel Agudo, board director and senior vice president of Product at Clarity AI, emphasises the company’s vision of integrating social and environmental impact as a crucial factor alongside financial values in investment and business decisions.
Clarity AI’s utilisation of AWS’s generative AI, machine learning, and analytics capabilities encompasses a range of applications, including:
Sustainability Analysis for Investing: Clarity AI’s platform assesses the sustainability performance of over 70,000 companies and 420,000 funds, enabling investors to make informed decisions based on environmental and social considerations.
Corporate Research and Benchmarking: Clarity AI provides companies with comprehensive insights into their sustainability performance, allowing them to identify areas for improvement and benchmark their progress against industry peers.
Consumer Ecommerce Purchasing: Clarity AI’s platform empowers consumers to make informed purchasing decisions by identifying sustainable brands across various sectors, including electronics, fashion, groceries, and household goods.
Regulatory Reporting: Clarity AI’s platform helps companies comply with evolving ESG reporting requirements, ensuring transparency and adherence to sustainability standards.
Clarity AI’s generative AI models, developed on AWS using Amazon SageMaker, play a pivotal role in uncovering new data points that aid in identifying companies or funds engaged in greenwashing or harmful environmental practices. These models, combined with natural language processing (NLP) capabilities, enable Clarity AI to extract information, identify problems, and evaluate the significance of environmental issues.
The company’s reliance on AWS extends to security, governance, and regulatory compliance. Clarity AI utilises Amazon GuardDuty and AWS WAF to safeguard its systems against cyber threats and vulnerabilities. Additionally, AWS’s security and compliance services have contributed to Clarity AI’s ISO 27001 and SOC 2 Type II certifications.
Looking ahead, Clarity AI plans to further expand its use of AWS generative AI and machine learning services, such as Amazon Bedrock, to harness innovative technologies, streamline model development, and enhance inference capabilities.
Matt Garman, senior vice president of Sales, Marketing, and Global Services at AWS, commends Clarity AI’s pioneering role in leveraging generative AI to promote sustainable investments and purchasing decisions. He emphasises the significance of choice and security as key enablers for organisations to fully realise the potential of generative AI.