As AI/ML models, including Large Language Models, continue to scale with massive datasets, so does their consumption of undeniably limited natural resources, and impact on society. In this collaboration between AI, Sustainability, HCI and legal researchers, we aim to enable a transition to sustainable AI development by enabling stakeholders across the AI value chain to assess and quantitfy the environmental and societal impact of AI. We present the ESG Digital and Green Index (DGI), which offers a dashboard for assessing a company's performance in achieving sustainability targets. This includes monitoring the efficiency and sustainable use of limited natural resources related to AI technologies (water, electricity, etc). It also addresses the societal and governance challenges related to AI. The DGI creates incentives for companies to align their pathway with the Sustainable Development Goals (SDGs). The value, challenges and limitations of our methodology and findings are discussed in the paper.
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