Skip to content

Improving the Cost Modelling of Environmental, Social and Governance Using Artificial Intelligence: A Systematic Review

Sep 2026 · Sustainable Development · 1 citation · 69 references

TL;DR

A novel conceptual framework integrating Artificial Intelligence (AI) across descriptive, predictive, and prescriptive tiers is developed, offering a structured basis for transparent and adaptive ESG‐cost integration, advancing the practice of cost engineering and sustainable project delivery.

Abstract

The integration of Environmental, Social and Governance (ESG) criteria into sustainable development exposes critical limitations in traditional cost modelling for Asset Lifecycle Management. Through a systematic review of 64 studies (2016–2025), this research identifies gaps including the compartmentalisation of ESG factors, methodological fragmentation, and validation asymmetries. To bridge these gaps, we develop a novel conceptual framework integrating Artificial Intelligence (AI) across descriptive, predictive, and prescriptive tiers. This framework employs Natural Language Processing to structure unstructured ESG data and Explainable AI (XAI) to monetise dynamic risks. Grounded in the Resource‐Based View, the model embeds Human‐AI Synergy and Institutional Governance Mechanisms, offering a structured basis for transparent and adaptive ESG‐cost integration, advancing the practice of cost engineering and sustainable project delivery.

Read PDF

Similar papers

Open access Aug 2026

AI and ESG Integration in Organisations: Transforming Sustainability Through Intelligent Systems

Artificial Intelligence (AI) and Environmental, Social and Governance (ESG) go hand in hand to change the way of working and sustainable development in organisations. Regulators, investors, and stakeholders are increasingly pressured to act on implementing responsible practices, and AI is one of the key enablers to enh...

Barkha Agrawal, Abhijit Das · 0 citations
Review Open access Sep 2026

Artificial intelligence shaping ESG risk governance in banking: Evidence from a systematic literature review

The results indicate that strong governance arrangements, such as model governance, accountability frame­works, board supervision, and alignment with organizational risk appetite, are necessary for successfully deploying AI-enabled ESG.

Rini Marlina, Rosa Christiana Esti Noor Sumaryanti, Poltak Maruli John Liberty Hutagaol · 0 citations
Review Open access Aug 2026

Artificial intelligence and public sector transformation: A systematic literature review on applications, governance and acceptability factors

The public sector is undergoing a profound digital transformation characterised by the increasing integration of artificial intelligence into its management control practices. Concurrently, the optimisation of public performance and accountability has emerged as a central concern among scholars, particularly within the...

Belfqih Wissal, Rachid Ez-zouaq · 0 citations
Open access Oct 2026

Artificial Intelligence-Enabled Environmental, Social and Governance (ESG) Carbon Accounting and Reporting in Zimbabwe: Expert Perspectives on Opportunities, Challenges, and Future Directions

This paper examines the role of Artificial Intelligence (AI) in enhancing Environmental, Social, and Governance (ESG) carbon accounting and reporting, focusing on opportunities, challenges, and future directions. As regulatory pressure and stakeholder demand for high-quality climate disclosures increase, organizations...

Funny Chibwe, T. J. Mapanga · 0 citations
Open access Aug 2026

ENVIRONMENTAL ENGINEERING BEYOND COMPLIANCE: INTEGRATING ESG GOVERNANCE, CORPORATE SUSTAINABILITY, ENVIRONMENTAL AUDITING AND STRATEGIC ENVIRONMENTAL MANAGEMENT INTO ORGANIZATIONAL EXCELLENCE

Environmental Engineering has undergone a profound and strategic transformation in the 21st century, evolving from its traditional focus on regulatory compliance, licensing, and pollution control into a multifaceted discipline that is indispensable to corporate governance, organizational resilience, and strategic manag...

Lerrane de Fatima Cunha Pires · 0 citations

Related blog posts

We use cookies to run the site and, with your consent, for analytics and to show ads. See our Cookie Policy.