气候变化领域集成服务门户(CCPortal): Assessing climate-related disclosures of European banks through text mining

CCPortal

DOI	10.1007/s10290-024-00531-x
	Assessing climate-related disclosures of European banks through text mining
	Moreno, Angel-Ivan; Caminero, Teresa
发表日期	2024
ISSN	1610-2878
EISSN	1610-2886
英文摘要	The Intergovernmental Panel on Climate Change-a United Nations body responsible for assessing the climate change science and producing comprehensive assessment reports on climate change-estimates that global net-zero should be achieved by 2050. To this end, many private firms are pledging to reach net-zero emissions by 2050. The Climate Data Steering Committee (CDSC) is working on an initiative to create a global central digital repository of climate disclosures, which tries to address the current data challenges. This paper assesses the progress within European financial institutions in addressing the data challenges outlined by the CDSC. Using a text-mining approach, coupled with the application of commercial Large Language Models for context verification, we calculate a Greenhouse Gas Disclosure Index (GHGDI), by analysing 23 very granular disclosures in the ESG reports between 2019 and 2021 of most of the significant banks under the ECB direct supervision. This index is then compared to the score given by CDP. The results indicate a moderate correlation between institutions not reporting to CDP upon request and a low GHG Disclosure Index (GHGDI). Institutions with high CDP score do not necessarily correlate with a high GHGDI.
英文关键词	ESG; Sustainability; Environment; Climate change; Carbon emissions; Natural language processing; Climate data challenges; OpenAI's chatGPT; Google's text-bison; C88; G32; Q56
语种	英语
WOS研究方向	Business & Economics ; International Relations
WOS类目	Economics ; International Relations
WOS记录号	WOS:001234037400001
来源期刊	REVIEW OF WORLD ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/307348
作者单位	Banco de Espana
推荐引用方式 GB/T 7714	Moreno, Angel-Ivan,Caminero, Teresa. Assessing climate-related disclosures of European banks through text mining[J],2024.
APA	Moreno, Angel-Ivan,&Caminero, Teresa.(2024).Assessing climate-related disclosures of European banks through text mining.REVIEW OF WORLD ECONOMICS.
MLA	Moreno, Angel-Ivan,et al."Assessing climate-related disclosures of European banks through text mining".REVIEW OF WORLD ECONOMICS (2024).