transcript climate risk
Mechanism
Sautner, van Lent, Vilkov & Zhang (2023) *Journal of Finance* 78(3): "Firm-Level Climate Change Exposure". Same HHVT-style bigram methodology, applied to climate-specific training corpora (IPCC reports + ESG filings). The published lexicon distinguishes three sub-exposures: physical (extreme weather, sea-level rise), regulatory (carbon pricing, emissions caps), and opportunity…
Data dependencies
daily_pricesAdjusted-close OHLCV for every US-listed ticker; primary price feed.
earnings_call_transcriptsFull earnings-call transcripts (prepared + Q&A), tokenised.
Expected edge
Long-short on the opportunity decile earned ~6% annualised post-2015 in the paper's sample.
Illustrative pattern only
NOT a backtestIllustrative pattern only — see /app for live backtests and the actual current equity curve.
Explore transcript climate risk on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.