Process to assess the responsible AI practices of the portfolio companies at due diligence
Invest Europe — fund
Fund has a process in place to assess the responsible AI practices of the portfolio companies at due diligence.
Responsible Data and AI implies a set of principles for designing and managing AI systems that are trustworthy (as defined by NIST: valid, safe, secure, explainable, privacy-focussed, fair, IP-respecting, and accountable), with due consideration to systemic risk.
Also in
ESG-related improvement measures
- Process to engage on a regular basis with portfolio companies to improve their ESG performance
- Monitoring processes to assess portfolio companies’ management of ESG performance
- Processes for portfolio companies to report major ESG incidents
- Process to assess the good governance practices of the portfolio companies at due diligence
- Process to monitor the good governance practices of the portfolio companies over time