Ranking Environment, Social And Governance Related Concepts And Assessing Sustainability Aspect of Financial Texts

Sohom Ghosh, Sudip Kumar Naskar


Abstract
Understanding Environmental, Social, and Governance (ESG) factors related to financial products has become extremely important for investors. However, manually screening through the corporate policies and reports to understand their sustainability aspect is extremely tedious. In this paper, we propose solutions to two such problems which were released as shared tasks of the FinNLP workshop of the IJCAI-2022 conference. Firstly, we train a Sentence Transformers based model which automatically ranks ESG related concepts for a given unknown term. Secondly, we fine-tune a RoBERTa model to classify financial texts as sustainable or not. Out of 26 registered teams, our team ranked 4th in sub-task 1 and 3rd in sub-task 2. The source code can be accessed from https://github.com/sohomghosh/Finsim4_ESG
Anthology ID:
2022.finnlp-1.33
Volume:
Proceedings of the Fourth Workshop on Financial Technology and Natural Language Processing (FinNLP)
Month:
December
Year:
2022
Address:
Abu Dhabi, United Arab Emirates (Hybrid)
Editors:
Chung-Chi Chen, Hen-Hsen Huang, Hiroya Takamura, Hsin-Hsi Chen
Venue:
FinNLP
SIG:
Publisher:
Association for Computational Linguistics
Note:
Pages:
243–249
Language:
URL:
https://aclanthology.org/2022.finnlp-1.33
DOI:
10.18653/v1/2022.finnlp-1.33
Bibkey:
Cite (ACL):
Sohom Ghosh and Sudip Kumar Naskar. 2022. Ranking Environment, Social And Governance Related Concepts And Assessing Sustainability Aspect of Financial Texts. In Proceedings of the Fourth Workshop on Financial Technology and Natural Language Processing (FinNLP), pages 243–249, Abu Dhabi, United Arab Emirates (Hybrid). Association for Computational Linguistics.
Cite (Informal):
Ranking Environment, Social And Governance Related Concepts And Assessing Sustainability Aspect of Financial Texts (Ghosh & Naskar, FinNLP 2022)
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PDF:
https://preview.aclanthology.org/emnlp-22-attachments/2022.finnlp-1.33.pdf