AI & Sustainable Finance: using NLP to analyze ESG disclosures of Canadian companies

Sustainable finance is a rapidly evolving discipline, where investors are in the process of acquiring and developing new tools allowing them to evaluate the sustainable impact of the companies they choose to invest in. Public companies have adopted the practice of publicly disclosing ESG-related information under the form of public reports following ESG disclosure frameworks and standards. Analyzing these reports represents a challenge for investors because of the vast quantity of reports and information they contain, the structure of the information, and the difficulty of quantifying and scoring the information. Investors often rely therefore on the ratings offered by rating agencies, but many investors would like to better equip themselves to do that work for more transparency on their evaluations. Part of the AI and Sustainable Finance currently explores the opportunity for a Natural Language Processing tool capable of collecting online reports published by Canadian companies, extracting, and analyzing said information.

Faculty Supervisor:

Gilles Caporossi

Student:

Partner:

Centre interuniversitaire de recherche en analyse des organisations

Discipline:

Computer science

Sector:

Professional, scientific and technical services

University:

HEC Montréal

Program: