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Month: February 2024

What are the dis/advantages of managing ESG Data?

Introduction: Environmental, Social, and Governance (ESG) considerations have become integral components of corporate decision-making and investment strategies. As the demand for accurate and transparent ESG data grows, organizations face the challenge of efficiently managing this information. Two primary methods exist for collecting and processing ESG data: manual and automated approaches.…
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What is the difference among major ESG Standards?

1. GRI (Global Reporting Initiative)     – Scope: Comprehensive, covering economic, environmental, and social aspects.     – Location: Global, widely used internationally. 2. SASB (Sustainability Accounting Standards Board)     – Scope: Industry-specific, focusing on financially material sustainability factors.     – Location: Primarily U.S.-focused but gaining international…
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How can Machine Learning assess risk?

Objective – Analyze transactions in a general data table, categorizing anomalies into low, medium, and high risk. – Dataset includes various transactions within the timeframe (DD/MM/YYYY to DD/MM/YYYY). – Apply both supervised and unsupervised machine learning (ML) commands using ACL Analytics. Scope – General data table encompasses all transactions. –…
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Is there any overlap between GRC and ESG?

Excited to explore the fascinating overlap between Governance, Risk, and Compliance (GRC) and Environmental, Social, and Governance (ESG) in today’s dynamic business landscape! GRC traditionally focuses on robust internal controls, risk management, and compliance with legal standards, ensuring the foundation for a resilient organization. On the flip side, ESG embraces…
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How to Audit Smart Contracts of a blockchain?

Smart contracts have become an integral part of blockchain technology, offering automated and decentralized execution of agreements. However, ensuring the security of these self-executing contracts is paramount. In this post, we’ll delve into the process of auditing smart contracts to identify and mitigate potential vulnerabilities. Introduction to Smart Contracts and…
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Do professors teach to document or document to teach?

 Challenges in Higher Education   – Quality assurance and compliance with accreditation standards pose significant challenges.   – Educators often face a dilemma: prioritize teaching or spend time on meticulous documentation. The Traditional Dilemma   – Professors struggle to balance pedagogical and administrative demands.   – Compromises are made, impacting…
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