Ranking Environment, Social And Governance Related Concepts And Assessing Sustainability Aspect of Financial Texts
Sohom Ghosh, Sudip Kumar Naskar · 2022
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 4 th in subtask 1 and 3 rd in sub-task 2. The source code can be accessed from https://github.com/ sohomghosh/Finsim4_ESG.