Paradigm Shift in Sustainability Disclosure Analysis: Empowering Stakeholders with CHATREPORT, a Language Model-Based Tool

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This paper introduces a novel approach to enhance Large Language Models (LLMs) with expert knowledge to automate the analysis of corporate sustainability reports by benchmarking them against the Task Force for Climate-Related Financial Disclosures (TCFD) recommendations.

• Corporate sustainability reports are crucial in assessing organizations' environmental and social risks and impacts.
• However, analyzing these reports' vast amounts of information makes human analysis often too costly.
• As a result, only a few entities worldwide have the resources to analyze these reports, which could lead to a lack of transparency.