标题： 环境、社会和治理在公司文件中的体现：人工智能的视角 显示英文标题

标题： ESG In Corporate Filings: An AI Perspective

摘要： 我们的主要贡献是，我们使用人工智能来识别企业文件中ESG提及变化的关键驱动因素。 通过人工智能，我们能够区分企业向世界展示其ESG政策的“维度”。 这些维度包括1）多样性，2）有害物质，和3）温室气体。 我们还能够识别公司非官方ESG活动的独立“背景”维度，这能更详细地展示公司及其股东对ESG流程的看法。 然后我们衡量投资者对ESG活动“因素”的反应。 所介绍的人工智能技术可以帮助构建更好、更可靠和更有用的ESG评级体系。 显示英文摘要

摘要： Our main contribution is that we are using AI to discern the key drivers of variation of ESG mentions in the corporate filings. With AI, we are able to separate "dimensions" along which the corporate management presents their ESG policies to the world. These dimensions are 1) diversity, 2) hazardous materials, and 3) greenhouse gasses. We are also able to identify separate "background" dimensions of unofficial ESG activity in the firms, which provide more color into the firms and their shareholders' thinking about their ESG processes. We then measure investors' response to the ESG activity "factors". The AI techniques presented can assist in building better, more reliable and useful ESG ratings systems.