METHODS AND SYSTEMS FOR GENERATING CORPORATE GREEN SCORE USING SOCIAL MEDIA SOURCED DATA AND SENTIMENT ANALYSIS

• US 20120316916A1
• Filed: 12/27/2011
• Published: 12/13/2012
• Est. Priority Date: 12/01/2009
• Status: Active Application

• Current Assignee: Refinitiv US Organization, LLC (Refinitiv US Holdings, Inc.)
• Original Assignee: Refinitiv US Organization, LLC (Refinitiv US Holdings, Inc.)
• Inventors: Andrews, Sarah L., Dam, Peenaki, Rodriguez, Ricardo, Frennel, Damien, Chaudhurl, Summit, Ganspam, Ashok, Schllder, Frank, Leldner, Jochen Lothar
• Application Number:
  US13/337,703
• Publication Number:
  US 20120316916A1
• Time in Patent Office: Days
• US Class Current: 705/7.28
• CPC Class Codes: G06Q 10/0635 Risk analysis of enterprise or organisation activities
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 50/01 Social networking

Abstract

The present invention provides a News/Media Analytics System (NMAS) adapted to automatically process and “read” news stories and content from blogs, twitter, and other social media sources, represented by news/media corpus, in as close to real-time as possible. Quantitative analysis, techniques or mathematics, such as green scoring/composite module and sentiment processing module are processed to arrive at green scores, green certification, and/or model the value of financial securities, including generating a green score, green compliance certification, and a composite environmental or green index. The NMAS automatically processes news stories, filings, new/social media and other content and applies one or more models against the content to determine green scoring and/or anticipate behavior of stock price and other investment vehicles. The NMAS leverages traditional and, especially, social media resources to provide a sentiment-based solution for scoring the “greenness” of companies.

Claims

1. A computer implemented method comprising:

(a) identifying an entity to which a green score will be assigned;

(b) calculating the green score based upon a set of social media information; and

(c) transmitting the green score.

2. The method of claim 1, wherein the set of social media information is associated with the identified entity, the entity being associated with a traded security, the set of social media information representing green information concerning the entity, and the green score represents a greenness attribute of the entity.

3. The method of claim 1 further comprising modifying the green score over time based on an additional set of social media information and transmitting a modified green score.

4. The method of claim 1, wherein calculating the green score includes determining a sentiment score based at least in part on the set of social media information and wherein the green score represents a green sentiment score.

5. The method of claim 1 further comprising certifying the entity as green compliant based at least in part on the green score.

6. The method of claim 1 further comprising performing steps (a)-(c) for a second identified entity resulting in a second green score, and wherein transmitting the green score comprises transmitting a data feed including data reflecting the green score and the second green score.

7. The method of claim 1 further comprising generating an alert signal concerning the entity based at least in part on the value of the calculated green score.

8. The method of claim 1, wherein identifying an entity further comprises identifying text in a set of content received from a set of social media, the text identified as representing the entity, and further comprising extracting further text from the set of content identified as representing a sentiment related to greenness of the entity.

9. The method of claim 8 wherein identifying text in a set of content includes one or more of:

identifying embedded metadata or other descriptors;

processing text, words, phrases;

applying natural language linguistics analysis;

applying Bayesian techniques.

10. The method of claim 1 further comprising aggregating a set of content from a plurality of sources including at least one social media source and at least one additional source from the group consisting of:

news websites (reuters.com, bloomberg.com etc);

online forums (livegreenforum.com);

website of governmental agencies (epa.gov);

websites of academic institutes, political parties (mcgill.ca/mse, www.democrats.org);

online magazine websites (emagazine.com);

blogging websites (Blogger, ExpressionEngine, LiveJournal, Open Diary, TypePad, Vox, WordPress, Xanga);

microblogging websites (Twitter, FMyLife, Foursquare, Jaiku, Plurk, Posterous, Tumblr, Qaiku, Google Buzz, Identi.ca, Nasza-Klasa.pl);

social and professional networking sites (facebook, myspace, ASmallWorld, Bebo, Cyworld, Diaspora, Hi5, Hyves, LinkedIn, MySpace, Ning, Orkut, Plaxo, Tagged, XING, IRC, Yammer);

online advocacy and fundraising websites (Greenpeace, Causes, Kickstarter);

information aggregators (Netvibes, Twine etc);

Facebook; and

Twitter, the set of content including the set of social media information.

11. The method of claim 1 further comprising:

(d) identifying a set of companies to be associated with a composite index, the set of companies including the entity and being associated with a set of securities;

(e) based at least in part upon the set of social media information, generating a composite environmental index for the set of securities; and

(f) transmitting a signal associated with the composite environmental index.

12. The method of claim 11 wherein the composite environmental index is determined based at least in part on a set of green scores associated with the set of companies.

13. The method of claim 1 wherein the green score is generated in real time.

14. The method of claim 1 wherein the green score is arrived at based on one or more of the following positive criteria:

product or manufacturing environmental related compliance or certification;

energy efficiency;

corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity, business/products involved in green technology, energy efficient technologies, alternative fuel technologies, renewable resource technology and/or the following negative criteria;

businesses involved in alcohol, tobacco, gambling, weapons, and/or the military, and businesses not environmental standard compliant.

15. The method of claim 1 wherein the entity is associated with a security traded on a market and further comprising applying a predictive model to arrive at a predicted behavior associated with the security.

16. The method of claim 15 further comprising generating an expression of the predicted behavior and/or a suggested action to take in light of the predicted behavior.

17. The method of claim 16, wherein the suggested action relates to a trade decision concerning the security and is one of a group consisting of buy, sell or hold.

18. The method of claim 1, wherein the set of social media information is identified based on a temporal value.

19. The method of claim 1 further comprising generating a risk signal representative of a potential risk.

20. The method of claim 1 further comprising:

providing a set of risk-indicating patterns on a computing device; and

identifying within the set of social media information a set of potential risks associated with the entity by using a risk-identification-algorithm based, at least in part, on the set of risk-indicating patterns.

21. The method of claim 20 further comprising:

comparing the set of potential risks with the risk-indicating patterns to obtain a set of prerequisite risks;

generating a signal representative of the set of prerequisite risks; and

storing the signal representative of the set of prerequisite risks in an electronic memory.

22. The method of claim 1 further comprising

repeating steps (a)-(c) for a set of entities resulting in a green score calculated for each entity in the set of entities;

identifying a green classification; and

selecting for inclusion in the classification entities from the set of entities based at least in part on respective entity green scores.

23. The method of claim 1 wherein the classification involves certifying companies as green compliant, and wherein each of the selected entities is certified green compliant.

24. A computer-based system comprising:

a processor adapted to execute code;

a memory for storing executable code;

an input adapted to receive a set of social media information associated with an entity to which a green score will be assigned;

a green score module adapted to be executed by the processor and including code executable by the processor to calculate the green score based upon a set of social media information; and

an output adapted to transmit a signal associated with the green score.

25. The system of claim 24, wherein the entity is associated with a traded security, the set of social media information representing green information concerning the entity, and the green score represents a greenness attribute of the entity.

26. The system of claim 24 wherein the green score module includes code executable by the processor to modify the green score over time based on an additional set of social media information and wherein the output is adapted to transmit a modified green score.

27. The system of claim 24, further comprising a sentiment module adapted to be executed by the processor and including code executable by the processor to determine a sentiment score based at least in part on the set of social media information and wherein the green score represents a green sentiment score.

28. The system of claim 24 further comprising means for certifying the entity as green compliant based at least in part on the green score.

29. The system of claim 24 wherein the output is adapted to transmit a data feed including data reflecting a plurality of green scores.

30. The system of claim 24 further comprising code executable by the processor to generate an alert signal concerning the entity based at least in part on the value of the calculated green score.

31. The system of claim 24, further comprising code executable by the processor to identify text in the set of social media information as representing the entity, and executable to extract text from the set of social media information identified as representing a sentiment related to greenness of the entity.

32. The method of claim 31, further comprising code executable by the processor to:

identify embedded metadata or other descriptors;

process text, words, phrases; and

apply natural language linguistics analysis.

33. The system of claim 24 further comprising code executable by the processor to aggregate a set of content from a plurality of sources including at least one social media source and at least one additional source from the group consisting of:

news websites (reuters.com, bloomberg.com etc);

online forums (livegreenforum.com);

website of governmental agencies (epa.gov);

websites of academic institutes, political parties (mcgill.ca/mse, www.democrats.org);

online magazine websites (emagazine.com);

blogging websites (Blogger, ExpressionEngine, LiveJournal, Open Diary, TypePad, Vox, WordPress, Xanga);

microblogging websites (Twitter, FMyLife, Foursquare, Jaiku, Plurk, Posterous, Tumblr, Qaiku, Google Buzz, Identi.ca, Nasza-Klasa.pl);

social and professional networking sites (facebook, myspace, ASmallWorld, Bebo, Cyworld, Diaspora, Hi5, Hyves, LinkedIn, MySpace, Ning, Orkut, Plaxo, Tagged, XING, IRC, Yammer);

online advocacy and fundraising websites (Greenpeace, Causes, Kickstarter);

information aggregators (Netvibes, Twine etc);

Facebook; and

Twitter, the set of content including the set of social media information.

34. The system of claim 24 further comprising a composite index module adapted to identify a set of companies to be associated with a composite index, the set of companies including the entity and being associated with a set of securities, the composite index module further adapted to, based at least in part upon the set of social media information, generate a composite environmental index for the set of securities, and wherein the output is adapted to transmit a signal associated with the composite environmental index.

35. The system of claim 34 wherein the composite index module includes code executable by the processor to determine the composite environmental index based at least in part on a set of green scores associated with the set of companies.

36. The system of claim 24 wherein the green score is generated in real time.

37. The system of claim 24 wherein the green score is arrived at based on one or more of the following positive criteria:

product or manufacturing environmental related compliance or certification;

energy efficiency;

corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity, business/products involved in green technology, energy efficient technologies, alternative fuel technologies, renewable resource technology and/or the following negative criteria;

businesses involved in alcohol, tobacco, gambling, weapons, and/or the military, and businesses not environmental standard compliant.

38. The system of claim 24 wherein the entity is associated with a security traded on a market and further comprising code executable by the processor to apply a predictive model or taxonomy to arrive at a predicted behavior associated with the security.

39. The system of claim 38 wherein the output is adapted to transmit a signal representing an expression of the predicted behavior and/or a suggested action to take in light of the predicted behavior.

40. The system of claim 39, wherein the suggested action relates to a trade decision concerning the security and is one of a group consisting of buy, sell or hold.

41. The system of claim 24, wherein the set of social media information is identified based on a temporal value.

42. The system of claim 24 further comprising code executable by the processor to generate a risk signal representative of a potential risk.

43. The system of claim 24 further comprising:

a set of risk-indicating patterns stored in the memory and accessible by the processor; and

a risk identifying module having code executable by the processor to identify within the set of social media information a set of potential risks associated with the entity by using a risk-identification-algorithm based, at least in part, on the set of risk-indicating patterns.

44. The system of claim 43 wherein the risk identifying module comprises code executable by the processor to:

compare the set of potential risks with the risk-indicating patterns to obtain a set of prerequisite risks, generate a signal representative of the set of prerequisite risks, and store the signal representative of the set of prerequisite risks in the memory.

45. The system of claim 24 further comprising a classification module having code executable by the processor and adapted to identify a green classification and select for inclusion in the green classification entities from a set of entities each having a green score, the selection being based at least in part on respective entity green scores.

46. The system of claim 45 wherein the classification module includes code executable by the processor to certify companies as green compliant, and wherein each of the selected entities is certified green compliant.