ESG FINANCE, ARTIFICIAL INTELLIGENCE AND SMART CONTRACTS

Abstract

Abstract: Access to financial resources by individuals, corporations, and governments must undergo impact assessments concerning human rights. Public and private governance bodies exert influence over the global financial landscape, ensuring compliance with frameworks such as the UN’s 2030 SDGs through the "Equator Principles" and the "Principles for Responsible Investment." The article aims to analyze the effects of digital tools on responsible financing, such as through the decentralization of financial systems for credit access. It explores the use of artificial intelligence (AI) integrated into "smart contracts," the consumer credit market, especially on peer-to-peer lending platforms, and other fintech solutions for achieving ESG goals like poverty reduction. However, the use of AI and "smart contracts" may also pose risks to human rights. The primary approach involves reviewing international literature to identify emerging risks. The expected outcome is a comprehensive analysis of recent trends and challenges related to corporate social responsibility in the financial sector, particularly regarding human rights in the digital era.