ESG Research Centre explores applications of AI in evaluating corporate ESG performance

13 September 2024

The Research Centre for ESG (CESG) at HSUHK has concluded the ITF (Innovation and Technology Fund) series of events, comprising of two seminars and two symposiums, under the funding support by the Innovation and Technology Commissions and in-kind sponsorships by Master Insight and Excellent Global Business Centre.

The final report of the ITF events shows that the ESGi-Composite Scorecard devised by Professor Louis Cheng, Director of CESG, is an important AI tool in this project. It can be employed, for instance, to analyse media and social listening. Additionally, it describes the methodology employed in its computation and an exposition of the enhancements made to different versions of the Scorecard. The Scorecard was developed to demonstrate the value and importance of a more dynamic ESG performance measure at the firm level.

The report also presents numerous visualisations, with 3D graphs, of data extracted from the i-Composite Scorecard, including i-Score performance of Hong Kong listed companies, RavenPack sentiment score based on different keywords, and YoujiVest positive or negative ESG sentiment score, discussing the relationship among the sentiment data and the i-Score.

The events promote technology-driven ESG sentiment indicators and facilitate corporate sustainable development through big data analysis. For more details about the project, please visit: https://www.bigdata-esg.com/. Please visit https://www.bigdata-esg.com/project-presentation to view or download the final report and relative presentation materials. To learn more about the proprietary i-Composite Scorecard, please visit https://www.bigdata-esg.com/the-top-500.

Disclaimer: Any opinions, findings, conclusions or recommendations expressed in this material/event (or by members of the project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Innovation and Technology Commission or the Vetting Committee of the General Support Programme of the Innovation and Technology Fund.

HSUHK ESG Research Centre releases final report on Innovation and Technology Fund series activities.