Evaluating TCFD reporting-A new application of zero-shot analysis to climate-related financial disclosures.
We examine climate-related disclosures in a large sample of reports published by banks that officially endorsed the recommendations of the Task Force for Climate-related Financial Disclosures (TCFD).In doing so, we introduce a new application of the zero-shot text classification.By developing a set of fine-grained TCFD labels, we show that zero-sho