Holaluz receives Adigital's Algorithmic Transparency Certification to promote responsible and ethical AI

Madrid, January 23, 2024 (GLOBE NEWSWIRE) -- Holaluz-Clidom S.A. (BME:HLZ) receives Adigital's Algorithmic Transparency Certification to promote responsible and ethical AI

• The certificate, a pioneer in Europe, promotes the creation and implementation of responsible artificial intelligence systems, through transparency and explainability.
• The initial tests started in 2023 led by Adigital. The project was presented in Brussels last October. The OECD has decided to include Adigital certification in its Good Practice Guide to ensure that Artificial Intelligence tools have a responsible and efficient regulatory framework.
• Holaluz joined the project from the beginning and now receives the certification that places it, together with Adevinta and Shakers, as game changers in the digital sector, focusing its activity on the positive impact on society.

The Algorithmic Transparency Certificate of Adigital, the Spanish Association of the Digital Economy, completed its pilot phase with three Spanish companies, Holaluz, Adevinta (InfoJobs), and Shakers, to be the first to obtain this certificate. 

The initiative presented three months ago in Brussels within the framework of the Spanish Presidency of the Council of the European Union, is an example of governance of new technologies, which is aligned with the regulations on the subject while maintaining the focus on innovation. It is a pioneering project, with a vocation for public-private collaboration, which has recently been included in the Good Practice Guide drawn up by the OECD. 

The certificate promotes the creation and implementation of responsible artificial intelligence systems, through transparency and explainability. The certificate, which was awarded today to Holaluz along with the other two participating companies at an event organized by Adigital in Madrid, was achieved after passing a meticulous questionnaire focused on six basic criteria that cover everything from data sources and models to security, access and monitoring of the system in production. In addition, global AI ethics benchmarks have been integrated, aligning them with the standards defined by leading organizations such as the OECD and UNESCO. More than a dozen companies are already interested in the certificate.