ESGBERT: Language Model to Help with Classification Tasks Related to Companies Environmental, Social, and Governance Practices

Understand

Environmental, Social, and Governance (ESG) are non-financial factors that are garnering attention from investors as they increasingly look to apply these as part of their analysis to identify material risks and growth opportunities.

• Some of this attention is also driven by clients who, now more aware than ever, are demanding for their money to be managed and invested responsibly.
• As the interest in ESG grows, so does the need for investors to have access to consumable ESG information.
• Since most of it is in text form in reports, disclosures, press releases, and 10-Q filings, we see a need for sophisticated NLP techniques for classification tasks for ESG text.