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Do banks speak the same ESG language? A text-based clustering approach

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  • Scandurra, Giuseppe
  • Thomas, Antonio

Abstract

ESG disclosure is currently considered the primary tool for evaluating the coherence of banks' choices with the principles of sustainable development. Nevertheless, a lack of uniformity regarding which behaviors and actions to report and how still persists. Due to this gap, evaluations of the same ESG disclosure tend to differ, making it challenging to make temporal and spatial comparisons and understand the effectiveness of this disclosure.

Suggested Citation

  • Scandurra, Giuseppe & Thomas, Antonio, 2025. "Do banks speak the same ESG language? A text-based clustering approach," Finance Research Letters, Elsevier, vol. 86(PE).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pe:s1544612325020148
    DOI: 10.1016/j.frl.2025.108760
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    References listed on IDEAS

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