AI tool allows anyone to generate score for sustainability reports
1 mins
Published by: Nazarii Bezkorovainyi
20 March 2024, 03:40PM
ChatReport is a new AI-driven tool designed to evaluate climate-related disclosures in sustainability reports.
It assesses reports against the 11 TCFD recommendations, aiming to democratize ESG analysis and reduce reliance on rating agencies.
Markus Leippold, a University of Zurich professor involved in the project, highlights the tool's focus on assessing disclosure quality rather than corporate action.
Unlike other AI tools, ChatReport ensures reliability by basing its analysis solely on retrieved report information.
Users can upload sustainability reports to ChatReport for a comprehensive evaluation against TCFD guidelines, enhancing transparency and accountability in sustainability reporting.
AI tool allows anyone to generate score for sustainability reports
Researchers have introduced a new AI-driven tool, ChatReport, enabling users to evaluate climate-related disclosures in sustainability reports easily.
Accessible to everyone, ChatReport analyzes reports against the 11 TCFD recommendations, aiming to democratize ESG analysis and reduce reliance on rating agencies.
Markus Leippold, a University of Zurich professor involved in the project, highlights the tool's ability to assess disclosure quality but clarifies it focuses solely on corporate talk, not action.
Unlike other AI tools prone to inaccuracies, ChatReport ensures reliability by grounding its analysis solely on retrieved report information.
Users can upload sustainability reports to ChatReport for a detailed evaluation against TCFD guidelines, promoting transparency and accountability in sustainability reporting.
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