Dr. Mattheo Kaufmann

We introduce a massive dataset on #ESG transparency and performance and new machine learning framework for extraction in a recently released paper "Assessing Corporate Sustainability with Large Language Models: Evidence from Europe" with Kerstin Forster, Lucas Keil, Victor Wagner, Thorsten Sellhorn, and Stefan Feuerriegel. We apply a large-scale machine learning framework to extract 2.9 million quantitative ESG indicators from the annual and sustainability reports of the 600 largest listed European firms over 2014–2023. Our open-source framework enables systematic, indicator-level tracking of both ESG transparency and performance in line with ESRS standards. 🔍 Key insights: – Firms with top ESG ratings disclose 22% more indicators than bottom rated peers, but this gap is narrowing – Scope 1 & 2 emissions dropped sharply, while scope 3 increased 5.6x, likely due to improved transparency around value chain emissions – Gender equality indicators show progress; other social indicators stagnate – Our open-source dataset and ML pipeline democratize access to ESG data 👉 Read the paper: https://lnkd.in/ezF6Y-dn 📊 Explore the data: https://lnkd.in/eXxcwznT 💾 Download the data: https://osf.io/q2jpv/ 🛠 Code & framework: https://lnkd.in/eEi67_Dg We hope this helps researchers, policymakers, and financial actors monitor and drive progress toward sustainability goals. A key insight from our work is that transparency and performance must be analyzed together as increasing transparency can reveal previously hidden poor ESG performance. While we validate our framework and find high agreement overall, accuracy varies across indicators. The method is likely better suited for analyzing trends across larger samples, not necessarily for high-stakes decisions at the individual firm level, where manual validation or tagged data remain important to ensure precision. Sustainability Reporting Navigator TRR 266 Accounting for Transparency #ESG #AI #SustainabilityReporting #MachineLearning #CSRD #Transparency #OpenScience #LLM

722

63 Kommentare

“Made for Germany” was launched – a cross-industry initiative representing 61 leading companies and investors to boost Germany’s future as a global economic powerhouse and sustainably enhance the country’s investment climate. Its members have jointly committed to investing 631 bn EUR in Germany’s economic growth by 2028. This will contribute to change the needle for our economy. These investments will improve our infrastructure, drive innovation, create job opportunities, and more. This marks a clear signal to the country’s future – and reaffirms the long-term confidence in Germany as a global economic powerhouse. "Made for Germany" was presented today and discussed with Chancellor Friedrich Merz, Vice Chancellor and Minister of Finance Lars Klingbeil, and Minister for Economic Affairs and Energy Katherina Reiche. As the exclusive knowledge partner, we have the honor of supporting the initiators and participating companies of this high-profile alliance by providing our expertise and objective analysis. Now, it is about strengthening the dialogue between public and private sector to jointly shape the path forward and to pave the way to make these investments effective. #zusammen #MadeForGermany 

2.023

35 Kommentare

📈💲 Higher #compensation for #DAX board members: Remuneration Rises Again Executive board members of DAX companies earned around three percent more in 2024 than in the previous year. This results from the annual study by Professor Dr. Maximilian Blaschke, TUM Chair of Management Accounting, and Professor Dr. Jürgen Ernstberger, TUM Full Professorship Financial Accounting, in cooperation with Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW). 🍃 The ESG criteria (environmental, social, and governance) continue to play a central role. In the 2024 fiscal year, all 40 DAX companies used at least one of the three ESG criteria to incentivize their executive boards. ➡️ Read more: https://lnkd.in/e23AQ-We Marc Tüngler, Christiane Hölz, Erik Bethkenhagen Technical University of Munich #DAX #Vergütungsstudie #TUMSchoolofManagement #Remuneration

64

2 Kommentare