What is corporate digital responsibility?
Corporate digital responsibility covers 4 areas:
- environmental
- responsible recycling or the disposal of tech equipment
- social
- data privacy protection of customers, employees, and other stakeholders
- economic
- creation of new digital-era jobs that are enriching, purposeful, and interesting (not gig employment)
- technological
- calling for a ban on the weaponization of AI and similar digital technologies
- avoiding biased or inaccurate AI decision-making algorithms can lead to unfair or discriminatory practices
Why is corporate digital responsibility timely?
- risks too high for corporate bad or unethical digital practices
- impact could be a total loss of personal privacy
- social and economic costs of unregulated gig-economy jobs with few or no social protections
What does data say about corporate growth and responsibility?
- 75% of Unilevers growth is attributable to its corporate responsible, sustainable line
MIT Sloan School | Corporate Responsibility in the Digital Era