BofA Analysts See AI Advances as ‘Game-Changer’: ESG Investing

Artificial intelligence can be “a game-changer for sustainability.”

That’s what analysts at Bank of America Corp. wrote in a report published last week. And they list numerous reasons why.

While AI may double its carbon-dioxide emissions by 2035, it will cut five times more by “optimizing energy use and strengthening grid reliability,” the analysts said. The technology also is already “fueling innovations” that aid people, the planet and economic growth.

AI has the potential to broaden access to education, improve medical diagnosis and modernize agriculture and automation systems. If used properly, it could “accelerate the delivery” of the United Nations’ ...