Planet Act #11
Responsible Use of Data and AI
The time is now right to give data the respect it deserves. To turn talks into actions, organisations need to make sure that their use of data and AI is done in a responsible and transparent way.
Responsible use of data is about collecting, storing, processing, analyzing and sharing data in a transparent way. In a best-case scenario, internal and external data is used together with data sharing ecosystem partners to develop new innovations in the form of value-added services to customers.
Using data in a responsible manner helps organisations to improve trust and bring about the best economic and social outcomes.
By joining this Planet Act, companies commit to setting goals and milestones on how to transparently manage and utilize data and AI across their business and being transparent about it. Companies can join this act for example by:
– describing their own criteria for data & AI ethical usage
– developing common criteria for fair and human-centric data use in cooperation with The Finnish Innovation Fund Sitra (project IHAN)
– highlighting structural and security-related data usage aspects or anything else making relevance to customer.
– sharing their own good practices on responsible and transparent use of data
OP Ryhmän tavoitteena on olla vastuullisen tiedon ja tekoälyn käytön edelläkävijä. Tällä Planet-teolla kannustamme yrityksiä asettamaan tavoitteita ja virstanpylväitä koskien läpinäkyvää tiedon ja tekoälyn käyttöä ja hyödyntämistä yritystoiminnassaan.
OP Financial Group aims to be a forerunner in responsible use of data and artificial intelligence. With this Planet Act, we encourage companies to start simple and set goals and milestones on how to transparently manage and utilize data and AI across their business.