cs.CLApr 8, 2026

Environmental, Social and Governance Sentiment Analysis on Slovene News: A Novel Dataset and Models

Authors: Paula Dodig, Boshko Koloski, Katarina Sitar Šuštar, Senja Pollak, Matthew Purver

Organizations: Eindhoven University of Technology, Eindhoven · Jožef Stefan Institute and Postgraduate School, Ljubljana · Faculty of Economics, University of Ljubljana · Queen Mary University of London

Abstract

Environmental, Social, and Governance (ESG) considerations are increasingly integral to assessing corporate performance, reputation, and long-term sustainability. Yet, reliable ESG ratings remain limited for smaller companies and emerging markets. We introduce the first publicly available Slovene ESG sentiment dataset and a suite of models for automatic ESG sentiment detection. The dataset, derived from the MaCoCu Slovene news collection, combines large language model (LLM)-assisted filtering with human annotation of company-related ESG content. We evaluate the performance of monolingual (SloBERTa) and multilingual (XLM-R) models, embedding-based classifiers (TabPFN), hierarchical ensemble architectures, and large language models. Results show that LLMs achieve the strongest performance on Environmental (Gemma3-27B, F1-macro: 0.61) and Social aspects (gpt-oss 20B, F1-macro: 0.45), while fine-tuned SloBERTa is the best model on Governance classification (F1-macro: 0.54). We then show in a small case study how the best-preforming classifier (gpt-oss) can be applied to investigate ESG aspects for selected companies across a long time frame.

Figures & tables

Explore similar work

CardsList
  1. ESG-Kor: A Korean Dataset for ESG-related Information Extraction and Practical Use Cases

    Oct 15, 2026Jaeyoung Lee, Geonyeong Son, Misuk KimDocument Information Extraction

  2. Empirical Evaluation of Open-Source Large Language Models for Retrieval-Augmented Generation in ESG Domain

    Sep 14, 2026Motaz Saad, Anna Borrelli, Ivan Gentile +3LLM EvaluationLLM Grounding