AI Ethics Statement of SCANDIC CARS

Introduction & Objectives

SCANDIC CARS – as part of the international brand alliance – uses Artificial Intelligence (AI) in various applications: from personalized vehicle recommendations and fraud detection to the optimization of operational processes. AI systems are intended to serve people and must never be an end in themselves. This statement sets out the principles, processes, and control mechanisms for the development, procurement, operation, and use of AI at SCANDIC CARS.

Legal notice:
SCANDIC ASSETS FZCO and LEGIER Beteiligungs mbH act as non-operational service providers. All operational activities of SCANDIC DATA are carried out by SCANDIC TRUST GROUP LLC. SCANDIC ASSETS FZCO is the holding company and owner of the brands; operational and all responsible activities are performed by SCANDIC TRUST GROUP LLC.

Overview Library

1. Core Values & Guiding Principles
2. Governance & Responsibilities
3. Data Ethics & Data Protection
4. Transparency & Explainability
5. Fairness, Bias & Inclusion
6. Human-in-the-Loop & Critical Decisions
7. Security & Robustness
8. Sjálfbærni
9. Conclusion

1. Core Values & Guiding Principles

Our AI ethics are based on clear core values and guiding principles. These apply to all business areas and guide the entire lifecycle of AI systems—from development and procurement to deployment. We are committed to integrity, respect for human rights, transparency, accountability, and innovation for the benefit of society.

2. Governance & Responsibilities

Responsibility for AI projects lies with the management of SCANDIC TRUST GROUP LLC. There is an interdisciplinary committee of experts in technology, law, data protection, ethics, and security. This committee approves projects, monitors implementation, and ensures that policies are followed. External experts are consulted as needed.

3. Data Ethics & Data Protection

AI systems require high-quality data. We ensure that data are collected, processed, and stored lawfully. Anonymization or pseudonymization, minimization of datasets, and clear retention periods are key measures. Processing is based on a legal basis and takes place only for specific purposes. Data subject rights are guaranteed.

4. Transparency & Explainability

We inform users when they interact with an AI system. Models are designed so that decisions can be traced and explained. Documentation obligations include data sources, training methods, model architectures, and evaluation results.

5. Fairness, Bias & Inclusion

AI systems must not reinforce unintended discrimination. We analyze models for potential biases and implement countermeasures. Diversity and inclusion are embedded in the training data and within the teams that develop AI. Accessibility is taken into account.

6. Human-in-the-Loop & Critical Decisions

For decisions that have significant impacts on people (e.g., creditworthiness assessments or access to healthcare services), humans retain control. AI systems support decision-making but do not make autonomous decisions. Automated results are reviewed by humans.

7. Security & Robustness

Technical robustness and security are essential. We implement safeguards against manipulation, cyberattacks, and malfunctions. Regular tests and audits verify the reliability and resilience of the systems.

8. Sustainability

The development and operation of AI should conserve resources. We consider energy efficiency, hardware life cycles, and environmental impacts. AI models are trained and operated to minimize their ecological footprint.

9. Conclusion

This AI ethics statement forms the basis for the responsible use of AI at SCANDIC CARS. We are committed to ensuring that AI serves people, fosters innovation, and minimizes risks. The statement is reviewed and further developed on a regular basis to reflect new findings and regulatory requirements.