GRETA Associati (Venice, Italy), CRIF (Bologna, Italy), European Datawarehouse (Frankfurt am Main, Germany), European Investment Fund (Luxembourg), Intesa Sanpaolo (Milan, Italy) and Modefinance (Trieste, Italy) are partners in organising a Conference to be held in Venice on October 3-4, 2024.

The CREDIT 2024 conference will bring together academics, practitioners and PhD students working in various areas of financial and socio-economic risk with the aim of creating a unique opportunity for participants to discuss research progress and policy as well as industry-relevant insights and  directions for future research.

CREDIT 2024 is the twenty-third in a series of events dedicated to various aspects of credit risk and organised under the auspices of: the Department of Economics and VERA - Venice centre in Economic and Risk Analytics for public policies - of the Ca’ Foscari University of Venice, Joint Research Center European Commission, ABI - Italian Banking Association, AIAF - Associazione Italiana per l'Analisi Finanziaria, AIFIRM - Associazione Italiana Financial Industry Risk Managers.

Sustainability necessarily involves the adaptation of today’s business model to the dynamic nature of the current digitalised environments. Corporations need to make sure that resources, especially technology, are being used responsibly and efficiently to improve the lives of the present generations and future generations as well as strengthen their relationships with the environment as to solve sustainability-related problems such as poverty, environmental degradation, pollution and inequality.
Artificial Intelligence (AI) has the potential to address these societal problems including sustainability. The climate crisis and the degradation of the physical environment are complex problems that require the most innovative and advanced solutions. The real value of AI hence lies in its ability to facilitate and foster environmental and social governance, rather just as a tool to reduce pollution, poverty and resource depletion.
In the age of AI, societies depend on big data, social media, knowledge management and data science to survive and achieve these sustainability goals. AI has the potential to reshape not only finance and industry but also the whole society. There is need to understand opportunities and challenges as to properly manage all relevant risks.