Sustainability, Technology, and Finance

11A Digital Twin for FinanceArtificial Intelligence Supporting the Implementation of Environmental, Social, and Governance Targets

Christof Mascher

DOI: 10.4324/9781003262039-13

Introduction

With the progress of information technology, the advancing digitalization, and in particular the development of Artificial Intelligence (cognitive and autonomous computing), subsystems of the economy—the markets—are developing digital ecosystems that replicate individual economic and societal segments as referential worlds. These virtual representations are using different layers of digitalization: data, generated from the physical world, are translated into information, describing the real world, which is then transformed into knowledge to form the basis ...