Topic: A collective investor statement organized by the Investor Alliance for Human Rights, on behalf of 149 investors representing over US$1.66 trillion (Euro €1.55 trillion) in assets under management and advisement. The statement calls on the European Parliament, the European Commission and the Council of the European Union to ensure that the proposed EU Artificial Intelligence Act protects the rights of all people and does not limit or jeopardize civic freedoms and democratic processes. In the statement, the group urges the incorporation of three, detailed recommendations to the proposed AI Act:
- Adopt Meaningful Human Rights Impact Assessment (HRIA) Requirements for Developing & Deploying AI Systems
- Expand the Publicly Viewable Database Requirements to AI Users to Ensure Meaningful Transparency
- Mandate Stakeholder & Rightsholder Participation