Carbon and Decarbonization Disclosure: Role of Responsible Innovation in Adoption of Artificial Intelligence of Things towards SDGs

This chapter relates carbon disclosure and performance in three different levels i.e., financial performance by incorporating financial reporting, operational performance by incorporating operational reporting and sustainability performance by incorporating sustainability reporting with decarbonization practices supporting by the institutional, legitimacy and stakeholder theories. It further discusses the relation of digital technologies, especially Artificial Intelligence (AI) and Internet of Things (IoT) in decarbonization processes as the worldwide use of technology gives a solution to maintain development without harming the nature. This chapter focuses on these technologies to understand the role of digital transformation in decarbonizing processes and the challenges for the non-financial disclosure on the decarbonization practices adopted by the enterprises. The enterprises are engaged in the "accountable" behaviors and "transparent" sustainability disclosure to demonstrate their governance model based on Responsible Innovation (RI) for the Artificial Intelligence of Things (AIoT) adoption in the decarbonization practices to meet Sustainable Development Goals (SDGs) especially SDG 5. This sustainable goal purposes to achieve gender equality as strategic resource for business success, which often treated as "victim" of technological innovations adoption. The analysis based on literature and international organizations’ reports is developed regarding carbon disclosure and decarbonization practices which adopt AIoT and its implementation with respect to RI to meet SDG 5 adopted by UN 2030 Agenda.