Ethics and Responsibility

Sofia’s tips for incorporating responsible and ethical AI principles in business:

Clarify the definition of AI with examples so that everyone can understand where they need to apply Responsible AI governance.
Understand where you are using, building and buying AI because you can’t govern what you don’t know about. An Inventory of in-house developed and purchased AI systems is a key enabler.
Develop a risk assessment framework to understand the relative risk of different AI systems to right-size Responsible AI governance paying special attention to high risk AI.
Set clear roles and responsibilities and develop training and awareness assets to ensure that governance is understood, embedded and can be measured.

Learn more here about managing responsible AI here

In the below video, Catriona Campbell MBE, EY UK&I Client Technology and Innovation Officer, shares a real world example to demonstrate how businesses can benefit from adopting ethical AI principles.

This is a short clip from Catriona’s keynote speech at the 2023 Women of Silicon Roundabout event in London on the important topic of AI Governance, which you can find more about here.

The percentage of women in the tech industry has only moved by 5%¹ over the last 10 years. If we continue on that trajectory, we will not achieve gender parity in the tech industry for women until 2080!

Vanessa Vallely OBE
Founder and CEO
WeAreTechWomen

Maximising female potential in technology through mentorship and allyship

Following a 25-year career in financial services, Vanessa Vallely founded WeAreTechWomen which aims to address imbalance in the tech industry and provides opportunities for women in technology to grow their skills and build their networks. This includes running industry events for their community which cover key topics impacting women in technology, like the Level Up Summit in London. The summit doesn’t just share thought leadership, it fosters communities and provides opportunities to those is higher positions to learn how to be better allies.

The event, sponsored by EY, brought together female tech innovators and male allies to discuss the barriers faced by women in technology and the importance of creating cultures of growth and space for progression. Saby Roy, EY EMEIA Financial Services AI and Cloud Leader, helped delivered a workshop on the future of AI and the importance of investing in AI knowledge.

¹Nearly 300 years to close the gender gap in tech without intervention, warns BCS | BCS

EY was a proud top-tier sponsor of the Level Up Summit which provided a platform for discussion on areas including advancing inclusion in the tech industry.

Every single piece of technology is a manifestation of a belief system and AI reflects our thoughts and values as a human population. As AI systems generate information based on the data inputted into them, AI reflects our thoughts and values as a human population. It is critical to invest in your intentional AI knowledge as, without the ability to effectively leverage AI, you're solely reliant on a machine with no human judgement.

Leveraging technology to drive social impact
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Volunteers (aka GivEYrs in Spain) dedicate their time, skills, and expertise towards helping various social causes with a focus on education and skill development for underprivileged groups.

EY teams combine organizational capabilities by taking action around driving social impact through this corporate social responsibility and charity initiative in EY Spain within our global corporate responsibility program, EY Ripples.

Carlota Jiménez de Andrade Fornies, Director of Social Impact at EY Spain and more than 400 other GivEYrs have dedicated time and 330 donors have participated in nearly 70 projects and initiatives. Learn about how GivEYrs use advancements in technology to influence social change by watching Carlota’s video below.

Being involved in the training and being able to share my experience to help others is really rewarding! I like to think the work we do at GivEYrs adds real value to society.

GivEYrs Volunteer

Realizing technology’s potential in protecting biodiversity

EY ifb offers an array of full-service solutions to support banks and insurance organizations in their finance, risk and digital transformation.

Mi-Yun Kuo and EY ifb teams use innovative technologies such as AI and machine learning to analyze and monitor biodiversity data, tracking the health and stability of ecosystems around the world. Read more about Mi-Yun’s experience below…

Explore more about careers with EY ifb

Organizations depend on and impact biodiversity through their operational activities, supply chains, financing and investment decisions. EY is collaborating with clients and alliance relationships to utilize AI and data analytics to build models predicting human impact on biodiversity, analyze ecological data trends, and measure long-term business sustainability. Find out more here.

I am originally from Taiwan where I studied anthropology and economics. I moved to Germany for its rich humanities and thriving business environment. I took up a career in ESG, and currently focus on biodiversity, because it promotes the balance of environment, people, and long-term business profits at an interconnected global level.

Technology assists biodiversity in many respects.

For example, programming with Python builds up biodiversity studies and footprints which use data from diverse sources. GitHub helps in collaboration with my colleagues. As AI lights up, it supports in structuralizing the research process for the fast evolving and dispersed information.

The development of biodiversity assessment has just started its journey, along with academic research and enhanced regulation.

At present, the greatest hurdle is to harmonize various sources into one system and implement it for client’s business frameworks. In that respect, I am keen to learn, try, and apply new technologies to make the implementation more robust, user-friendly, and efficient.