id	sid	tid	token	lemma	pos
fbem-30807	1	1	frontiers	frontier	NOUN
fbem-30807	1	2	in	in	ADP
fbem-30807	1	3	business	business	NOUN
fbem-30807	1	4	,	,	PUNCT
fbem-30807	1	5	economics	economic	NOUN
fbem-30807	1	6	and	and	CCONJ
fbem-30807	1	7	management	management	NOUN
fbem-30807	1	8	issn	issn	PROPN
fbem-30807	1	9	:	:	PUNCT
fbem-30807	1	10	2766	2766	NUM
fbem-30807	1	11	-	-	PUNCT
fbem-30807	1	12	824x	824x	NUM
fbem-30807	1	13	|	|	ADJ
fbem-30807	1	14	vol	vol	NOUN
fbem-30807	1	15	.	.	PROPN
fbem-30807	2	1	19	19	NUM
fbem-30807	2	2	,	,	PUNCT
fbem-30807	2	3	no	no	INTJ
fbem-30807	2	4	.	.	NOUN
fbem-30807	2	5	2	2	NUM
fbem-30807	2	6	,	,	PUNCT
fbem-30807	2	7	2025	2025	NUM
fbem-30807	2	8	210	210	NUM
fbem-30807	2	9	definition	definition	NOUN
fbem-30807	2	10	,	,	PUNCT
fbem-30807	2	11	causes	cause	NOUN
fbem-30807	2	12	and	and	CCONJ
fbem-30807	2	13	solution	solution	NOUN
fbem-30807	2	14	approach	approach	NOUN
fbem-30807	2	15	of	of	ADP
fbem-30807	2	16	greenwash	greenwash	PROPN
fbem-30807	2	17	in	in	ADP
fbem-30807	2	18	esg	esg	PROPN
fbem-30807	2	19	regulation	regulation	PROPN
fbem-30807	2	20	lei	lei	PROPN
fbem-30807	2	21	li	li	PROPN
fbem-30807	2	22	department	department	PROPN
fbem-30807	2	23	of	of	ADP
fbem-30807	2	24	international	international	ADJ
fbem-30807	2	25	law	law	NOUN
fbem-30807	2	26	,	,	PUNCT
fbem-30807	2	27	china	china	PROPN
fbem-30807	2	28	foreign	foreign	PROPN
fbem-30807	2	29	affairs	affairs	PROPN
fbem-30807	2	30	university	university	PROPN
fbem-30807	2	31	,	,	PUNCT
fbem-30807	2	32	beijing	beijing	PROPN
fbem-30807	2	33	,	,	PUNCT
fbem-30807	2	34	100037	100037	NUM
fbem-30807	2	35	,	,	PUNCT
fbem-30807	2	36	china	china	PROPN
fbem-30807	2	37	abstract	abstract	NOUN
fbem-30807	2	38	:	:	PUNCT
fbem-30807	2	39	the	the	DET
fbem-30807	2	40	rapid	rapid	ADJ
fbem-30807	2	41	growth	growth	NOUN
fbem-30807	2	42	of	of	ADP
fbem-30807	2	43	esg	esg	PROPN
fbem-30807	2	44	has	have	AUX
fbem-30807	2	45	generated	generate	VERB
fbem-30807	2	46	substantial	substantial	ADJ
fbem-30807	2	47	green	green	ADJ
fbem-30807	2	48	premiums	premium	NOUN
fbem-30807	2	49	,	,	PUNCT
fbem-30807	2	50	incentivizing	incentivize	VERB
fbem-30807	2	51	policy	policy	NOUN
fbem-30807	2	52	support	support	NOUN
fbem-30807	2	53	and	and	CCONJ
fbem-30807	2	54	capital	capital	NOUN
fbem-30807	2	55	flows	flow	NOUN
fbem-30807	2	56	,	,	PUNCT
fbem-30807	2	57	yet	yet	CCONJ
fbem-30807	2	58	greenwashing	greenwashe	VERB
fbem-30807	2	59	risks	risk	NOUN
fbem-30807	2	60	undermine	undermine	VERB
fbem-30807	2	61	market	market	NOUN
fbem-30807	2	62	integrity	integrity	NOUN
fbem-30807	2	63	.	.	PUNCT
fbem-30807	3	1	causes	cause	NOUN
fbem-30807	3	2	include	include	VERB
fbem-30807	3	3	two	two	NUM
fbem-30807	3	4	key	key	ADJ
fbem-30807	3	5	issues	issue	NOUN
fbem-30807	3	6	.	.	PUNCT
fbem-30807	4	1	first	first	ADV
fbem-30807	4	2	,	,	PUNCT
fbem-30807	4	3	regulatory	regulatory	ADJ
fbem-30807	4	4	frameworks	framework	NOUN
fbem-30807	4	5	are	be	AUX
fbem-30807	4	6	flawed	flawed	ADJ
fbem-30807	4	7	:	:	PUNCT
fbem-30807	4	8	global	global	ADJ
fbem-30807	4	9	disclosure	disclosure	NOUN
fbem-30807	4	10	standards	standard	NOUN
fbem-30807	4	11	vary	vary	VERB
fbem-30807	4	12	widely	widely	ADV
fbem-30807	4	13	,	,	PUNCT
fbem-30807	4	14	industry	industry	NOUN
fbem-30807	4	15	-	-	PUNCT
fbem-30807	4	16	specific	specific	ADJ
fbem-30807	4	17	criteria	criterion	NOUN
fbem-30807	4	18	conflict	conflict	NOUN
fbem-30807	4	19	,	,	PUNCT
fbem-30807	4	20	rating	rating	NOUN
fbem-30807	4	21	systems	system	NOUN
fbem-30807	4	22	are	be	AUX
fbem-30807	4	23	fragmented	fragment	VERB
fbem-30807	4	24	,	,	PUNCT
fbem-30807	4	25	and	and	CCONJ
fbem-30807	4	26	enforcement	enforcement	NOUN
fbem-30807	4	27	lacks	lack	VERB
fbem-30807	4	28	rigor	rigor	VERB
fbem-30807	4	29	(	(	PUNCT
fbem-30807	4	30	e.g.	e.g.	ADV
fbem-30807	4	31	,	,	PUNCT
fbem-30807	4	32	low	low	ADJ
fbem-30807	4	33	third	third	ADJ
fbem-30807	4	34	-	-	PUNCT
fbem-30807	4	35	party	party	NOUN
fbem-30807	4	36	audit	audit	NOUN
fbem-30807	4	37	rates	rate	NOUN
fbem-30807	4	38	and	and	CCONJ
fbem-30807	4	39	unbalanced	unbalanced	ADJ
fbem-30807	4	40	penalties	penalty	NOUN
fbem-30807	4	41	)	)	PUNCT
fbem-30807	4	42	.	.	PUNCT
fbem-30807	5	1	second	second	ADJ
fbem-30807	5	2	,	,	PUNCT
fbem-30807	5	3	legal	legal	ADJ
fbem-30807	5	4	liabilities	liability	NOUN
fbem-30807	5	5	are	be	AUX
fbem-30807	5	6	inadequately	inadequately	ADV
fbem-30807	5	7	designed	design	VERB
fbem-30807	5	8	:	:	PUNCT
fbem-30807	5	9	civil	civil	ADJ
fbem-30807	5	10	compensation	compensation	NOUN
fbem-30807	5	11	faces	face	VERB
fbem-30807	5	12	high	high	ADJ
fbem-30807	5	13	proof	proof	NOUN
fbem-30807	5	14	barriers	barrier	NOUN
fbem-30807	5	15	and	and	CCONJ
fbem-30807	5	16	absent	absent	ADJ
fbem-30807	5	17	class	class	NOUN
fbem-30807	5	18	-	-	PUNCT
fbem-30807	5	19	action	action	NOUN
fbem-30807	5	20	mechanisms	mechanism	NOUN
fbem-30807	5	21	;	;	PUNCT
fbem-30807	5	22	administrative	administrative	ADJ
fbem-30807	5	23	penalties	penalty	NOUN
fbem-30807	5	24	are	be	AUX
fbem-30807	5	25	insufficient	insufficient	ADJ
fbem-30807	5	26	;	;	PUNCT
fbem-30807	5	27	and	and	CCONJ
fbem-30807	5	28	criminal	criminal	ADJ
fbem-30807	5	29	liability	liability	NOUN
fbem-30807	5	30	thresholds	threshold	NOUN
fbem-30807	5	31	remain	remain	VERB
fbem-30807	5	32	too	too	ADV
fbem-30807	5	33	high	high	ADJ
fbem-30807	5	34	.	.	PUNCT
fbem-30807	6	1	solutions	solution	NOUN
fbem-30807	6	2	require	require	VERB
fbem-30807	6	3	a	a	DET
fbem-30807	6	4	multi	multi	ADJ
fbem-30807	6	5	-	-	ADJ
fbem-30807	6	6	layered	layered	ADJ
fbem-30807	6	7	approach	approach	NOUN
fbem-30807	6	8	:	:	PUNCT
fbem-30807	6	9	strengthening	strengthen	VERB
fbem-30807	6	10	civil	civil	ADJ
fbem-30807	6	11	liability	liability	NOUN
fbem-30807	6	12	via	via	ADP
fbem-30807	6	13	reverse	reverse	ADJ
fbem-30807	6	14	burden	burden	NOUN
fbem-30807	6	15	of	of	ADP
fbem-30807	6	16	proof	proof	NOUN
fbem-30807	6	17	and	and	CCONJ
fbem-30807	6	18	class	class	NOUN
fbem-30807	6	19	-	-	PUNCT
fbem-30807	6	20	action	action	NOUN
fbem-30807	6	21	funds	fund	NOUN
fbem-30807	6	22	;	;	PUNCT
fbem-30807	6	23	enhancing	enhance	VERB
fbem-30807	6	24	administrative	administrative	ADJ
fbem-30807	6	25	deterrence	deterrence	NOUN
fbem-30807	6	26	through	through	ADP
fbem-30807	6	27	higher	high	ADJ
fbem-30807	6	28	fines	fine	NOUN
fbem-30807	6	29	and	and	CCONJ
fbem-30807	6	30	dynamic	dynamic	ADJ
fbem-30807	6	31	penalty	penalty	NOUN
fbem-30807	6	32	tracking	tracking	NOUN
fbem-30807	6	33	;	;	PUNCT
fbem-30807	6	34	and	and	CCONJ
fbem-30807	6	35	exploring	explore	VERB
fbem-30807	6	36	criminal	criminal	ADJ
fbem-30807	6	37	liability	liability	NOUN
fbem-30807	6	38	for	for	ADP
fbem-30807	6	39	severe	severe	ADJ
fbem-30807	6	40	violations	violation	NOUN
fbem-30807	6	41	.	.	PUNCT
fbem-30807	7	1	internationally	internationally	ADV
fbem-30807	7	2	,	,	PUNCT
fbem-30807	7	3	efforts	effort	NOUN
fbem-30807	7	4	should	should	AUX
fbem-30807	7	5	focus	focus	VERB
fbem-30807	7	6	on	on	ADP
fbem-30807	7	7	harmonizing	harmonize	VERB
fbem-30807	7	8	regulatory	regulatory	ADJ
fbem-30807	7	9	frameworks	framework	NOUN
fbem-30807	7	10	under	under	ADP
fbem-30807	7	11	issb	issb	NOUN
fbem-30807	7	12	guidelines	guideline	NOUN
fbem-30807	7	13	as	as	ADP
fbem-30807	7	14	a	a	DET
fbem-30807	7	15	global	global	ADJ
fbem-30807	7	16	minimum	minimum	ADJ
fbem-30807	7	17	standard	standard	NOUN
fbem-30807	7	18	,	,	PUNCT
fbem-30807	7	19	establishing	establish	VERB
fbem-30807	7	20	cross	cross	ADJ
fbem-30807	7	21	-	-	ADJ
fbem-30807	7	22	border	border	ADJ
fbem-30807	7	23	accountability	accountability	NOUN
fbem-30807	7	24	via	via	ADP
fbem-30807	7	25	information	information	NOUN
fbem-30807	7	26	-	-	PUNCT
fbem-30807	7	27	sharing	sharing	NOUN
fbem-30807	7	28	and	and	CCONJ
fbem-30807	7	29	joint	joint	ADJ
fbem-30807	7	30	enforcement	enforcement	NOUN
fbem-30807	7	31	,	,	PUNCT
fbem-30807	7	32	and	and	CCONJ
fbem-30807	7	33	using	use	VERB
fbem-30807	7	34	economic	economic	ADJ
fbem-30807	7	35	leverage	leverage	NOUN
fbem-30807	7	36	to	to	PART
fbem-30807	7	37	encourage	encourage	VERB
fbem-30807	7	38	compliance	compliance	NOUN
fbem-30807	7	39	.	.	PUNCT
fbem-30807	8	1	this	this	DET
fbem-30807	8	2	integrated	integrate	VERB
fbem-30807	8	3	strategy	strategy	NOUN
fbem-30807	8	4	aims	aim	VERB
fbem-30807	8	5	to	to	PART
fbem-30807	8	6	address	address	VERB
fbem-30807	8	7	regulatory	regulatory	ADJ
fbem-30807	8	8	arbitrage	arbitrage	NOUN
fbem-30807	8	9	and	and	CCONJ
fbem-30807	8	10	foster	foster	ADJ
fbem-30807	8	11	genuine	genuine	ADJ
fbem-30807	8	12	esg	esg	NOUN
fbem-30807	8	13	practices	practice	NOUN
fbem-30807	8	14	.	.	PUNCT
fbem-30807	9	1	keywords	keyword	NOUN
fbem-30807	9	2	:	:	PUNCT
fbem-30807	9	3	greenwash	greenwash	NOUN
fbem-30807	9	4	;	;	PUNCT
fbem-30807	9	5	regulatory	regulatory	ADJ
fbem-30807	9	6	framework	framework	NOUN
fbem-30807	9	7	;	;	PUNCT
fbem-30807	9	8	legal	legal	ADJ
fbem-30807	9	9	liability	liability	NOUN
fbem-30807	9	10	;	;	PUNCT
fbem-30807	9	11	cross	cross	ADJ
fbem-30807	9	12	-	-	ADJ
fbem-30807	9	13	border	border	ADJ
fbem-30807	9	14	recourse	recourse	NOUN
fbem-30807	9	15	.	.	PUNCT
fbem-30807	10	1	1	1	X
fbem-30807	10	2	.	.	X
fbem-30807	10	3	raising	raise	VERB
fbem-30807	10	4	the	the	DET
fbem-30807	10	5	issue	issue	NOUN
fbem-30807	10	6	:	:	PUNCT
fbem-30807	10	7	background	background	NOUN
fbem-30807	10	8	on	on	ADP
fbem-30807	10	9	esg	esg	PROPN
fbem-30807	10	10	development	development	NOUN
fbem-30807	10	11	and	and	CCONJ
fbem-30807	10	12	greenwashing	greenwashe	VERB
fbem-30807	10	13	the	the	DET
fbem-30807	10	14	green	green	ADJ
fbem-30807	10	15	premium	premium	NOUN
fbem-30807	10	16	generated	generate	VERB
fbem-30807	10	17	by	by	ADP
fbem-30807	10	18	esg	esg	PROPN
fbem-30807	10	19	development	development	NOUN
fbem-30807	10	20	has	have	AUX
fbem-30807	10	21	shifted	shift	VERB
fbem-30807	10	22	from	from	ADP
fbem-30807	10	23	policy	policy	NOUN
fbem-30807	10	24	-	-	PUNCT
fbem-30807	10	25	driven	drive	VERB
fbem-30807	10	26	in	in	ADP
fbem-30807	10	27	the	the	DET
fbem-30807	10	28	early	early	ADJ
fbem-30807	10	29	days	day	NOUN
fbem-30807	10	30	to	to	ADP
fbem-30807	10	31	policyand	policyand	ADJ
fbem-30807	10	32	market	market	NOUN
fbem-30807	10	33	-	-	PUNCT
fbem-30807	10	34	driven	drive	VERB
fbem-30807	10	35	.	.	PUNCT
fbem-30807	11	1	through	through	ADP
fbem-30807	11	2	substantial	substantial	ADJ
fbem-30807	11	3	esg	esg	PROPN
fbem-30807	11	4	transformation	transformation	NOUN
fbem-30807	11	5	,	,	PUNCT
fbem-30807	11	6	enterprises	enterprise	NOUN
fbem-30807	11	7	can	can	AUX
fbem-30807	11	8	not	not	PART
fbem-30807	11	9	only	only	ADV
fbem-30807	11	10	obtain	obtain	VERB
fbem-30807	11	11	direct	direct	ADJ
fbem-30807	11	12	economic	economic	ADJ
fbem-30807	11	13	benefits	benefit	NOUN
fbem-30807	11	14	such	such	ADJ
fbem-30807	11	15	as	as	ADP
fbem-30807	11	16	tax	tax	NOUN
fbem-30807	11	17	breaks	break	NOUN
fbem-30807	11	18	and	and	CCONJ
fbem-30807	11	19	low	low	ADJ
fbem-30807	11	20	-	-	PUNCT
fbem-30807	11	21	interest	interest	NOUN
fbem-30807	11	22	loans	loan	NOUN
fbem-30807	11	23	,	,	PUNCT
fbem-30807	11	24	but	but	CCONJ
fbem-30807	11	25	also	also	ADV
fbem-30807	11	26	build	build	VERB
fbem-30807	11	27	long	long	ADJ
fbem-30807	11	28	-	-	PUNCT
fbem-30807	11	29	term	term	NOUN
fbem-30807	11	30	competitiveness	competitiveness	NOUN
fbem-30807	11	31	through	through	ADP
fbem-30807	11	32	supply	supply	NOUN
fbem-30807	11	33	chain	chain	NOUN
fbem-30807	11	34	optimization	optimization	NOUN
fbem-30807	11	35	,	,	PUNCT
fbem-30807	11	36	brand	brand	NOUN
fbem-30807	11	37	value	value	NOUN
fbem-30807	11	38	enhancement	enhancement	NOUN
fbem-30807	11	39	,	,	PUNCT
fbem-30807	11	40	and	and	CCONJ
fbem-30807	11	41	technological	technological	ADJ
fbem-30807	11	42	innovation	innovation	NOUN
fbem-30807	11	43	.	.	PUNCT
fbem-30807	12	1	in	in	ADP
fbem-30807	12	2	the	the	DET
fbem-30807	12	3	future	future	NOUN
fbem-30807	12	4	,	,	PUNCT
fbem-30807	12	5	with	with	ADP
fbem-30807	12	6	the	the	DET
fbem-30807	12	7	issb	issb	NOUN
fbem-30807	12	8	global	global	ADJ
fbem-30807	12	9	disclosure	disclosure	NOUN
fbem-30807	12	10	standards	standard	NOUN
fbem-30807	12	11	,	,	PUNCT
fbem-30807	12	12	the	the	DET
fbem-30807	12	13	normalization	normalization	NOUN
fbem-30807	12	14	of	of	ADP
fbem-30807	12	15	carbon	carbon	NOUN
fbem-30807	12	16	tariffs	tariff	NOUN
fbem-30807	12	17	and	and	CCONJ
fbem-30807	12	18	the	the	DET
fbem-30807	12	19	deepening	deepening	NOUN
fbem-30807	12	20	of	of	ADP
fbem-30807	12	21	consumer	consumer	NOUN
fbem-30807	12	22	awareness	awareness	NOUN
fbem-30807	12	23	,	,	PUNCT
fbem-30807	12	24	the	the	DET
fbem-30807	12	25	green	green	ADJ
fbem-30807	12	26	premium	premium	NOUN
fbem-30807	12	27	will	will	AUX
fbem-30807	12	28	be	be	AUX
fbem-30807	12	29	further	far	ADV
fbem-30807	12	30	concentrated	concentrate	VERB
fbem-30807	12	31	in	in	ADP
fbem-30807	12	32	"	"	PUNCT
fbem-30807	12	33	deep	deep	ADJ
fbem-30807	12	34	green	green	ADJ
fbem-30807	12	35	"	"	PUNCT
fbem-30807	12	36	enterprises	enterprise	NOUN
fbem-30807	12	37	,	,	PUNCT
fbem-30807	12	38	forming	form	VERB
fbem-30807	12	39	a	a	DET
fbem-30807	12	40	virtuous	virtuous	ADJ
fbem-30807	12	41	cycle	cycle	NOUN
fbem-30807	12	42	.	.	PUNCT
fbem-30807	13	1	in	in	ADP
fbem-30807	13	2	the	the	DET
fbem-30807	13	3	face	face	NOUN
fbem-30807	13	4	of	of	ADP
fbem-30807	13	5	the	the	DET
fbem-30807	13	6	green	green	ADJ
fbem-30807	13	7	premium	premium	NOUN
fbem-30807	13	8	in	in	ADP
fbem-30807	13	9	the	the	DET
fbem-30807	13	10	esg	esg	PROPN
fbem-30807	13	11	development	development	NOUN
fbem-30807	13	12	process	process	NOUN
fbem-30807	13	13	,	,	PUNCT
fbem-30807	13	14	companies	company	NOUN
fbem-30807	13	15	are	be	AUX
fbem-30807	13	16	inclined	incline	VERB
fbem-30807	13	17	to	to	PART
fbem-30807	13	18	shape	shape	VERB
fbem-30807	13	19	their	their	PRON
fbem-30807	13	20	image	image	NOUN
fbem-30807	13	21	through	through	ADP
fbem-30807	13	22	superficial	superficial	ADJ
fbem-30807	13	23	environmental	environmental	ADJ
fbem-30807	13	24	initiatives	initiative	NOUN
fbem-30807	13	25	in	in	ADP
fbem-30807	13	26	order	order	NOUN
fbem-30807	13	27	to	to	PART
fbem-30807	13	28	obtain	obtain	VERB
fbem-30807	13	29	low	low	ADJ
fbem-30807	13	30	-	-	PUNCT
fbem-30807	13	31	cost	cost	NOUN
fbem-30807	13	32	financing	financing	NOUN
fbem-30807	13	33	,	,	PUNCT
fbem-30807	13	34	boost	boost	VERB
fbem-30807	13	35	share	share	NOUN
fbem-30807	13	36	prices	price	NOUN
fbem-30807	13	37	or	or	CCONJ
fbem-30807	13	38	cater	cater	VERB
fbem-30807	13	39	to	to	ADP
fbem-30807	13	40	consumer	consumer	NOUN
fbem-30807	13	41	preferences	preference	NOUN
fbem-30807	13	42	.	.	PUNCT
fbem-30807	14	1	for	for	ADP
fbem-30807	14	2	example	example	NOUN
fbem-30807	14	3	,	,	PUNCT
fbem-30807	14	4	deutsche	deutsche	X
fbem-30807	14	5	wirtschaftsprüfungsgesellschaft	wirtschaftsprüfungsgesellschaft	NOUN
fbem-30807	14	6	(	(	PUNCT
fbem-30807	14	7	dws	dws	PROPN
fbem-30807	14	8	)	)	PUNCT
fbem-30807	14	9	was	be	AUX
fbem-30807	14	10	ultimately	ultimately	ADV
fbem-30807	14	11	fined	fine	VERB
fbem-30807	14	12	€	€	SYM
fbem-30807	14	13	25	25	NUM
fbem-30807	14	14	million	million	NUM
fbem-30807	14	15	by	by	ADP
fbem-30807	14	16	german	german	ADJ
fbem-30807	14	17	regulators	regulator	NOUN
fbem-30807	14	18	in	in	ADP
fbem-30807	14	19	2021	2021	NUM
fbem-30807	14	20	for	for	ADP
fbem-30807	14	21	claiming	claim	VERB
fbem-30807	14	22	that	that	SCONJ
fbem-30807	14	23	$	$	SYM
fbem-30807	14	24	900	900	NUM
fbem-30807	14	25	billion	billion	NUM
fbem-30807	14	26	in	in	ADP
fbem-30807	14	27	assets	asset	NOUN
fbem-30807	14	28	were	be	AUX
fbem-30807	14	29	esg	esg	NOUN
fbem-30807	14	30	-	-	PUNCT
fbem-30807	14	31	compliant	compliant	NOUN
fbem-30807	14	32	when	when	SCONJ
fbem-30807	14	33	only	only	ADV
fbem-30807	14	34	$	$	SYM
fbem-30807	14	35	115	115	NUM
fbem-30807	14	36	billion	billion	NUM
fbem-30807	14	37	were	be	AUX
fbem-30807	14	38	actually	actually	ADV
fbem-30807	14	39	in	in	ADP
fbem-30807	14	40	compliance	compliance	NOUN
fbem-30807	14	41	.	.	PUNCT
fbem-30807	15	1	such	such	ADJ
fbem-30807	15	2	"	"	PUNCT
fbem-30807	15	3	compliance	compliance	NOUN
fbem-30807	15	4	arbitrage	arbitrage	NOUN
fbem-30807	15	5	"	"	PUNCT
fbem-30807	15	6	is	be	AUX
fbem-30807	15	7	essentially	essentially	ADV
fbem-30807	15	8	taking	take	VERB
fbem-30807	15	9	advantage	advantage	NOUN
fbem-30807	15	10	of	of	ADP
fbem-30807	15	11	regulatory	regulatory	ADJ
fbem-30807	15	12	loopholes	loophole	NOUN
fbem-30807	15	13	in	in	ADP
fbem-30807	15	14	the	the	DET
fbem-30807	15	15	early	early	ADJ
fbem-30807	15	16	stages	stage	NOUN
fbem-30807	15	17	of	of	ADP
fbem-30807	15	18	esg	esg	PROPN
fbem-30807	15	19	development	development	NOUN
fbem-30807	15	20	.	.	PUNCT
fbem-30807	16	1	the	the	DET
fbem-30807	16	2	relationship	relationship	NOUN
fbem-30807	16	3	between	between	ADP
fbem-30807	16	4	esg	esg	PROPN
fbem-30807	16	5	development	development	NOUN
fbem-30807	16	6	and	and	CCONJ
fbem-30807	16	7	greenwash	greenwash	NOUN
fbem-30807	16	8	is	be	AUX
fbem-30807	16	9	essentially	essentially	ADV
fbem-30807	16	10	a	a	DET
fbem-30807	16	11	game	game	NOUN
fbem-30807	16	12	between	between	ADP
fbem-30807	16	13	the	the	DET
fbem-30807	16	14	concept	concept	NOUN
fbem-30807	16	15	of	of	ADP
fbem-30807	16	16	sustainable	sustainable	ADJ
fbem-30807	16	17	development	development	NOUN
fbem-30807	16	18	and	and	CCONJ
fbem-30807	16	19	short	short	ADJ
fbem-30807	16	20	-	-	PUNCT
fbem-30807	16	21	sighted	sighted	ADJ
fbem-30807	16	22	commercial	commercial	ADJ
fbem-30807	16	23	behavior	behavior	NOUN
fbem-30807	16	24	.	.	PUNCT
fbem-30807	17	1	the	the	DET
fbem-30807	17	2	existence	existence	NOUN
fbem-30807	17	3	of	of	ADP
fbem-30807	17	4	greenwash	greenwash	PROPN
fbem-30807	17	5	exposes	expose	VERB
fbem-30807	17	6	the	the	DET
fbem-30807	17	7	loopholes	loophole	NOUN
fbem-30807	17	8	in	in	ADP
fbem-30807	17	9	the	the	DET
fbem-30807	17	10	esg	esg	NOUN
fbem-30807	17	11	framework	framework	NOUN
fbem-30807	17	12	,	,	PUNCT
fbem-30807	17	13	but	but	CCONJ
fbem-30807	17	14	it	it	PRON
fbem-30807	17	15	may	may	AUX
fbem-30807	17	16	also	also	ADV
fbem-30807	17	17	lead	lead	VERB
fbem-30807	17	18	to	to	ADP
fbem-30807	17	19	the	the	DET
fbem-30807	17	20	improvement	improvement	NOUN
fbem-30807	17	21	of	of	ADP
fbem-30807	17	22	regulatory	regulatory	ADJ
fbem-30807	17	23	,	,	PUNCT
fbem-30807	17	24	technological	technological	ADJ
fbem-30807	17	25	and	and	CCONJ
fbem-30807	17	26	market	market	NOUN
fbem-30807	17	27	mechanisms	mechanism	NOUN
fbem-30807	17	28	.	.	PUNCT
fbem-30807	18	1	this	this	DET
fbem-30807	18	2	paper	paper	NOUN
fbem-30807	18	3	focuses	focus	VERB
fbem-30807	18	4	on	on	ADP
fbem-30807	18	5	how	how	SCONJ
fbem-30807	18	6	to	to	PART
fbem-30807	18	7	define	define	VERB
fbem-30807	18	8	the	the	DET
fbem-30807	18	9	nature	nature	NOUN
fbem-30807	18	10	of	of	ADP
fbem-30807	18	11	greenwash	greenwash	NOUN
fbem-30807	18	12	,	,	PUNCT
fbem-30807	18	13	regulate	regulate	VERB
fbem-30807	18	14	the	the	DET
fbem-30807	18	15	legal	legal	ADJ
fbem-30807	18	16	responsibility	responsibility	NOUN
fbem-30807	18	17	of	of	ADP
fbem-30807	18	18	greenwash	greenwash	NOUN
fbem-30807	18	19	,	,	PUNCT
fbem-30807	18	20	and	and	CCONJ
fbem-30807	18	21	propose	propose	VERB
fbem-30807	18	22	a	a	DET
fbem-30807	18	23	reasonable	reasonable	ADJ
fbem-30807	18	24	regulatory	regulatory	ADJ
fbem-30807	18	25	framework	framework	NOUN
fbem-30807	18	26	,	,	PUNCT
fbem-30807	18	27	as	as	SCONJ
fbem-30807	18	28	discussed	discuss	VERB
fbem-30807	18	29	at	at	ADP
fbem-30807	18	30	.	.	PROPN
fbem-30807	19	1	1.1	1.1	NUM
fbem-30807	19	2	.	.	PUNCT
fbem-30807	20	1	esg	esg	NOUN
fbem-30807	20	2	trends	trend	NOUN
fbem-30807	20	3	and	and	CCONJ
fbem-30807	20	4	the	the	DET
fbem-30807	20	5	green	green	ADJ
fbem-30807	20	6	premium	premium	NOUN
fbem-30807	20	7	by	by	ADP
fbem-30807	20	8	2025	2025	NUM
fbem-30807	20	9	,	,	PUNCT
fbem-30807	20	10	global	global	ADJ
fbem-30807	20	11	esg	esg	PROPN
fbem-30807	20	12	investments	investment	NOUN
fbem-30807	20	13	are	be	AUX
fbem-30807	20	14	projected	project	VERB
fbem-30807	20	15	to	to	PART
fbem-30807	20	16	reach	reach	VERB
fbem-30807	20	17	$	$	SYM
fbem-30807	20	18	53	53	NUM
fbem-30807	20	19	trillion	trillion	NUM
fbem-30807	20	20	,	,	PUNCT
fbem-30807	20	21	representing	represent	VERB
fbem-30807	20	22	one	one	NUM
fbem-30807	20	23	third	third	NOUN
fbem-30807	20	24	of	of	ADP
fbem-30807	20	25	global	global	ADJ
fbem-30807	20	26	asset	asset	NOUN
fbem-30807	20	27	management	management	NOUN
fbem-30807	20	28	.	.	PUNCT
fbem-30807	21	1	of	of	ADP
fbem-30807	21	2	this	this	PRON
fbem-30807	21	3	,	,	PUNCT
fbem-30807	21	4	sustainable	sustainable	ADJ
fbem-30807	21	5	funds	fund	NOUN
fbem-30807	21	6	will	will	AUX
fbem-30807	21	7	amount	amount	VERB
fbem-30807	21	8	to	to	ADP
fbem-30807	21	9	around	around	ADP
fbem-30807	21	10	$	$	SYM
fbem-30807	21	11	3.2	3.2	NUM
fbem-30807	21	12	trillion	trillion	NUM
fbem-30807	21	13	at	at	ADP
fbem-30807	21	14	the	the	DET
fbem-30807	21	15	end	end	NOUN
fbem-30807	21	16	of	of	ADP
fbem-30807	21	17	2024	2024	NUM
fbem-30807	21	18	,	,	PUNCT
fbem-30807	21	19	with	with	ADP
fbem-30807	21	20	europe	europe	PROPN
fbem-30807	21	21	leading	lead	VERB
fbem-30807	21	22	the	the	DET
fbem-30807	21	23	way	way	NOUN
fbem-30807	21	24	with	with	ADP
fbem-30807	21	25	$	$	SYM
fbem-30807	21	26	2.6	2.6	NUM
fbem-30807	21	27	trillion	trillion	NUM
fbem-30807	21	28	,	,	PUNCT
fbem-30807	21	29	followed	follow	VERB
fbem-30807	21	30	by	by	ADP
fbem-30807	21	31	the	the	DET
fbem-30807	21	32	us	us	PROPN
fbem-30807	21	33	(	(	PUNCT
fbem-30807	21	34	$	$	SYM
fbem-30807	21	35	344	344	NUM
fbem-30807	21	36	billion	billion	NUM
fbem-30807	21	37	)	)	PUNCT
fbem-30807	21	38	and	and	CCONJ
fbem-30807	21	39	asia	asia	PROPN
fbem-30807	21	40	(	(	PUNCT
fbem-30807	21	41	$	$	SYM
fbem-30807	21	42	74	74	NUM
fbem-30807	21	43	billion	billion	NUM
fbem-30807	21	44	)	)	PUNCT
fbem-30807	22	1	[	[	X
fbem-30807	22	2	1	1	NUM
fbem-30807	22	3	]	]	PUNCT
fbem-30807	22	4	.	.	PUNCT
fbem-30807	23	1	there	there	PRON
fbem-30807	23	2	is	be	VERB
fbem-30807	23	3	also	also	ADV
fbem-30807	23	4	a	a	DET
fbem-30807	23	5	trend	trend	NOUN
fbem-30807	23	6	towards	towards	ADP
fbem-30807	23	7	diversification	diversification	NOUN
fbem-30807	23	8	in	in	ADP
fbem-30807	23	9	the	the	DET
fbem-30807	23	10	types	type	NOUN
fbem-30807	23	11	of	of	ADP
fbem-30807	23	12	esg	esg	PROPN
fbem-30807	23	13	investments	investment	NOUN
fbem-30807	23	14	,	,	PUNCT
fbem-30807	23	15	i.e.	i.e.	X
fbem-30807	23	16	from	from	ADP
fbem-30807	23	17	"	"	PUNCT
fbem-30807	23	18	risk	risk	NOUN
fbem-30807	23	19	aversion	aversion	NOUN
fbem-30807	23	20	"	"	PUNCT
fbem-30807	23	21	to	to	ADP
fbem-30807	23	22	"	"	PUNCT
fbem-30807	23	23	active	active	ADJ
fbem-30807	23	24	value	value	NOUN
fbem-30807	23	25	creation	creation	NOUN
fbem-30807	23	26	"	"	PUNCT
fbem-30807	23	27	,	,	PUNCT
fbem-30807	23	28	with	with	ADP
fbem-30807	23	29	investors	investor	NOUN
fbem-30807	23	30	choosing	choose	VERB
fbem-30807	23	31	either	either	CCONJ
fbem-30807	23	32	a	a	DET
fbem-30807	23	33	single	single	ADJ
fbem-30807	23	34	or	or	CCONJ
fbem-30807	23	35	a	a	DET
fbem-30807	23	36	combination	combination	NOUN
fbem-30807	23	37	of	of	ADP
fbem-30807	23	38	strategies	strategy	NOUN
fbem-30807	23	39	based	base	VERB
fbem-30807	23	40	on	on	ADP
fbem-30807	23	41	their	their	PRON
fbem-30807	23	42	own	own	ADJ
fbem-30807	23	43	objectives	objective	NOUN
fbem-30807	23	44	(	(	PUNCT
fbem-30807	23	45	financial	financial	ADJ
fbem-30807	23	46	return	return	NOUN
fbem-30807	23	47	,	,	PUNCT
fbem-30807	23	48	social	social	ADJ
fbem-30807	23	49	responsibility	responsibility	NOUN
fbem-30807	23	50	,	,	PUNCT
fbem-30807	23	51	risk	risk	NOUN
fbem-30807	23	52	control	control	NOUN
fbem-30807	23	53	)	)	PUNCT
fbem-30807	23	54	.	.	PUNCT
fbem-30807	24	1	with	with	ADP
fbem-30807	24	2	the	the	DET
fbem-30807	24	3	tightening	tightening	NOUN
fbem-30807	24	4	of	of	ADP
fbem-30807	24	5	global	global	ADJ
fbem-30807	24	6	esg	esg	PROPN
fbem-30807	24	7	regulation	regulation	NOUN
fbem-30807	24	8	(	(	PUNCT
fbem-30807	24	9	e.g.	e.g.	ADV
fbem-30807	24	10	eu	eu	PROPN
fbem-30807	24	11	csrd	csrd	NOUN
fbem-30807	24	12	,	,	PUNCT
fbem-30807	24	13	us	us	PROPN
fbem-30807	24	14	sec	sec	PROPN
fbem-30807	24	15	climate	climate	NOUN
fbem-30807	24	16	disclosure	disclosure	NOUN
fbem-30807	24	17	rule	rule	NOUN
fbem-30807	24	18	)	)	PUNCT
fbem-30807	24	19	,	,	PUNCT
fbem-30807	24	20	esg	esg	NOUN
fbem-30807	24	21	integration	integration	NOUN
fbem-30807	24	22	and	and	CCONJ
fbem-30807	24	23	active	active	ADJ
fbem-30807	24	24	ownership	ownership	NOUN
fbem-30807	24	25	are	be	AUX
fbem-30807	24	26	becoming	become	VERB
fbem-30807	24	27	mainstream	mainstream	ADJ
fbem-30807	24	28	,	,	PUNCT
fbem-30807	24	29	driving	drive	VERB
fbem-30807	24	30	capital	capital	NOUN
fbem-30807	24	31	flows	flow	NOUN
fbem-30807	24	32	towards	towards	ADP
fbem-30807	24	33	sustainability	sustainability	NOUN
fbem-30807	24	34	.	.	PUNCT
fbem-30807	25	1	among	among	ADP
fbem-30807	25	2	the	the	DET
fbem-30807	25	3	different	different	ADJ
fbem-30807	25	4	types	type	NOUN
fbem-30807	25	5	of	of	ADP
fbem-30807	25	6	esg	esg	PROPN
fbem-30807	25	7	investments	investment	NOUN
fbem-30807	25	8	,	,	PUNCT
fbem-30807	25	9	green	green	ADJ
fbem-30807	25	10	bonds	bond	NOUN
fbem-30807	25	11	,	,	PUNCT
fbem-30807	25	12	sustainable	sustainable	ADJ
fbem-30807	25	13	funds	fund	NOUN
fbem-30807	25	14	,	,	PUNCT
fbem-30807	25	15	and	and	CCONJ
fbem-30807	25	16	private	private	ADJ
fbem-30807	25	17	equity	equity	NOUN
fbem-30807	25	18	are	be	AUX
fbem-30807	25	19	more	more	ADV
fbem-30807	25	20	prominent	prominent	ADJ
fbem-30807	25	21	,	,	PUNCT
fbem-30807	25	22	of	of	ADP
fbem-30807	25	23	which	which	PRON
fbem-30807	25	24	green	green	ADJ
fbem-30807	25	25	bonds	bond	NOUN
fbem-30807	25	26	in	in	ADP
fbem-30807	25	27	the	the	DET
fbem-30807	25	28	first	first	ADJ
fbem-30807	25	29	half	half	NOUN
fbem-30807	25	30	of	of	ADP
fbem-30807	25	31	2024	2024	NUM
fbem-30807	25	32	global	global	ADJ
fbem-30807	25	33	issuance	issuance	NOUN
fbem-30807	25	34	amounted	amount	VERB
fbem-30807	25	35	to	to	ADP
fbem-30807	25	36	356	356	NUM
fbem-30807	25	37	billion	billion	NUM
fbem-30807	25	38	u.s	u.s	PROPN
fbem-30807	25	39	.	.	PROPN
fbem-30807	25	40	dollars	dollar	NOUN
fbem-30807	25	41	,	,	PUNCT
fbem-30807	25	42	and	and	CCONJ
fbem-30807	25	43	the	the	DET
fbem-30807	25	44	whole	whole	ADJ
fbem-30807	25	45	year	year	NOUN
fbem-30807	25	46	is	be	AUX
fbem-30807	25	47	expected	expect	VERB
fbem-30807	25	48	to	to	PART
fbem-30807	25	49	exceed	exceed	VERB
fbem-30807	25	50	800	800	NUM
fbem-30807	25	51	billion	billion	NUM
fbem-30807	25	52	u.s	u.s	PROPN
fbem-30807	25	53	.	.	PROPN
fbem-30807	25	54	dollars	dollar	NOUN
fbem-30807	25	55	,	,	PUNCT
fbem-30807	25	56	of	of	ADP
fbem-30807	25	57	which	which	PRON
fbem-30807	25	58	the	the	DET
fbem-30807	25	59	proportion	proportion	NOUN
fbem-30807	25	60	of	of	ADP
fbem-30807	25	61	sovereign	sovereign	ADJ
fbem-30807	25	62	green	green	ADJ
fbem-30807	25	63	bonds	bond	NOUN
fbem-30807	25	64	to	to	ADP
fbem-30807	25	65	40	40	NUM
fbem-30807	25	66	%	%	NOUN
fbem-30807	25	67	(	(	PUNCT
fbem-30807	25	68	such	such	ADJ
fbem-30807	25	69	as	as	ADP
fbem-30807	25	70	9	9	NUM
fbem-30807	25	71	billion	billion	NUM
fbem-30807	25	72	euros	euro	NOUN
fbem-30807	25	73	in	in	ADP
fbem-30807	25	74	italy	italy	PROPN
fbem-30807	25	75	and	and	CCONJ
fbem-30807	25	76	12	12	NUM
fbem-30807	25	77	billion	billion	NUM
fbem-30807	25	78	u.s	u.s	PROPN
fbem-30807	25	79	.	.	PROPN
fbem-30807	25	80	dollars	dollar	NOUN
fbem-30807	25	81	in	in	ADP
fbem-30807	25	82	japan	japan	PROPN
fbem-30807	25	83	)	)	PUNCT
fbem-30807	25	84	.	.	PUNCT
fbem-30807	26	1	china	china	PROPN
fbem-30807	26	2	's	's	PART
fbem-30807	26	3	green	green	ADJ
fbem-30807	26	4	bond	bond	NOUN
fbem-30807	26	5	issuance	issuance	NOUN
fbem-30807	26	6	scale	scale	NOUN
fbem-30807	26	7	increased	increase	VERB
fbem-30807	26	8	by	by	ADP
fbem-30807	26	9	53.4	53.4	NUM
fbem-30807	26	10	%	%	NOUN
fbem-30807	26	11	yearon	yearon	NOUN
fbem-30807	26	12	-	-	PUNCT
fbem-30807	26	13	year	year	NOUN
fbem-30807	26	14	,	,	PUNCT
fbem-30807	26	15	and	and	CCONJ
fbem-30807	26	16	the	the	DET
fbem-30807	26	17	interest	interest	NOUN
fbem-30807	26	18	rate	rate	NOUN
fbem-30807	26	19	of	of	ADP
fbem-30807	26	20	xiamen	xiamen	PROPN
fbem-30807	26	21	bank	bank	PROPN
fbem-30807	26	22	's	's	PART
fbem-30807	26	23	3	3	NUM
fbem-30807	26	24	billion	billion	NUM
fbem-30807	26	25	yuan	yuan	NOUN
fbem-30807	26	26	green	green	ADJ
fbem-30807	26	27	bond	bond	NOUN
fbem-30807	26	28	is	be	AUX
fbem-30807	26	29	only	only	ADV
fbem-30807	26	30	1.90	1.90	NUM
fbem-30807	26	31	%	%	NOUN
fbem-30807	26	32	.	.	PUNCT
fbem-30807	27	1	in	in	ADP
fbem-30807	27	2	terms	term	NOUN
fbem-30807	27	3	of	of	ADP
fbem-30807	27	4	sustainable	sustainable	ADJ
fbem-30807	27	5	funds	fund	NOUN
fbem-30807	27	6	,	,	PUNCT
fbem-30807	27	7	global	global	ADJ
fbem-30807	27	8	esg	esg	PROPN
fbem-30807	27	9	fund	fund	NOUN
fbem-30807	27	10	assets	asset	NOUN
fbem-30807	27	11	reached	reach	VERB
fbem-30807	27	12	$	$	SYM
fbem-30807	27	13	3.3	3.3	NUM
fbem-30807	27	14	trillion	trillion	NUM
fbem-30807	27	15	in	in	ADP
fbem-30807	27	16	q3	q3	NOUN
fbem-30807	27	17	2024	2024	NUM
fbem-30807	27	18	,	,	PUNCT
fbem-30807	27	19	with	with	ADP
fbem-30807	27	20	europe	europe	PROPN
fbem-30807	27	21	accounting	account	VERB
fbem-30807	27	22	for	for	ADP
fbem-30807	27	23	84	84	NUM
fbem-30807	27	24	%	%	NOUN
fbem-30807	27	25	and	and	CCONJ
fbem-30807	27	26	asia	asia	PROPN
fbem-30807	27	27	rising	rise	VERB
fbem-30807	27	28	from	from	ADP
fbem-30807	27	29	5	5	NUM
fbem-30807	27	30	%	%	NOUN
fbem-30807	27	31	to	to	PART
fbem-30807	27	32	10	10	NUM
fbem-30807	27	33	%	%	NOUN
fbem-30807	27	34	.	.	PUNCT
fbem-30807	28	1	china	china	PROPN
fbem-30807	28	2	's	's	PART
fbem-30807	28	3	esg	esg	PROPN
fbem-30807	28	4	thematic	thematic	ADJ
fbem-30807	28	5	fund	fund	NOUN
fbem-30807	28	6	size	size	NOUN
fbem-30807	28	7	has	have	AUX
fbem-30807	28	8	recovered	recover	VERB
fbem-30807	28	9	to	to	PART
fbem-30807	28	10	rmb	rmb	VERB
fbem-30807	28	11	223.5	223.5	NUM
fbem-30807	28	12	billion	billion	NUM
fbem-30807	28	13	,	,	PUNCT
fbem-30807	28	14	up	up	ADV
fbem-30807	28	15	14.8	14.8	NUM
fbem-30807	28	16	%	%	NOUN
fbem-30807	28	17	from	from	ADP
fbem-30807	28	18	2023	2023	NUM
fbem-30807	28	19	.	.	PUNCT
fbem-30807	29	1	in	in	ADP
fbem-30807	29	2	terms	term	NOUN
fbem-30807	29	3	of	of	ADP
fbem-30807	29	4	private	private	ADJ
fbem-30807	29	5	equity	equity	NOUN
fbem-30807	29	6	,	,	PUNCT
fbem-30807	29	7	the	the	DET
fbem-30807	29	8	global	global	PROPN
fbem-30807	29	9	esg	esg	PROPN
fbem-30807	29	10	private	private	ADJ
fbem-30807	29	11	equity	equity	NOUN
fbem-30807	29	12	transaction	transaction	NOUN
fbem-30807	29	13	volume	volume	NOUN
fbem-30807	29	14	will	will	AUX
fbem-30807	29	15	exceed	exceed	VERB
fbem-30807	29	16	$	$	SYM
fbem-30807	29	17	200	200	NUM
fbem-30807	29	18	billion	billion	NUM
fbem-30807	29	19	in	in	ADP
fbem-30807	29	20	2024	2024	NUM
fbem-30807	29	21	,	,	PUNCT
fbem-30807	29	22	with	with	ADP
fbem-30807	29	23	a	a	DET
fbem-30807	29	24	focus	focus	NOUN
fbem-30807	29	25	on	on	ADP
fbem-30807	29	26	renewable	renewable	ADJ
fbem-30807	29	27	energy	energy	NOUN
fbem-30807	29	28	(	(	PUNCT
fbem-30807	29	29	e.g.	e.g.	ADV
fbem-30807	29	30	,	,	PUNCT
fbem-30807	29	31	hydrogen	hydrogen	NOUN
fbem-30807	29	32	)	)	PUNCT
fbem-30807	29	33	and	and	CCONJ
fbem-30807	29	34	circular	circular	ADJ
fbem-30807	29	35	economy	economy	NOUN
fbem-30807	29	36	.	.	PUNCT
fbem-30807	30	1	the	the	DET
fbem-30807	30	2	green	green	ADJ
fbem-30807	30	3	premium	premium	NOUN
fbem-30807	30	4	generated	generate	VERB
fbem-30807	30	5	by	by	ADP
fbem-30807	30	6	esg	esg	PROPN
fbem-30807	30	7	development	development	NOUN
fbem-30807	30	8	is	be	AUX
fbem-30807	30	9	reflected	reflect	VERB
fbem-30807	30	10	in	in	ADP
fbem-30807	30	11	multiple	multiple	ADJ
fbem-30807	30	12	dimensions	dimension	NOUN
fbem-30807	30	13	,	,	PUNCT
fbem-30807	30	14	such	such	ADJ
fbem-30807	30	15	as	as	ADP
fbem-30807	30	16	policy	policy	NOUN
fbem-30807	30	17	support	support	NOUN
fbem-30807	30	18	,	,	PUNCT
fbem-30807	30	19	financial	financial	ADJ
fbem-30807	30	20	inclination	inclination	NOUN
fbem-30807	30	21	,	,	PUNCT
fbem-30807	30	22	market	market	NOUN
fbem-30807	30	23	access	access	NOUN
fbem-30807	30	24	,	,	PUNCT
fbem-30807	30	25	and	and	CCONJ
fbem-30807	30	26	brand	brand	NOUN
fbem-30807	30	27	value	value	NOUN
fbem-30807	30	28	enhancement	enhancement	NOUN
fbem-30807	30	29	,	,	PUNCT
fbem-30807	30	30	and	and	CCONJ
fbem-30807	30	31	the	the	DET
fbem-30807	30	32	core	core	NOUN
fbem-30807	30	33	is	be	AUX
fbem-30807	30	34	to	to	PART
fbem-30807	30	35	transform	transform	VERB
fbem-30807	30	36	environmental	environmental	ADJ
fbem-30807	30	37	and	and	CCONJ
fbem-30807	30	38	social	social	ADJ
fbem-30807	30	39	responsibility	responsibility	NOUN
fbem-30807	30	40	into	into	ADP
fbem-30807	30	41	economic	economic	ADJ
fbem-30807	30	42	gains	gain	NOUN
fbem-30807	30	43	through	through	ADP
fbem-30807	30	44	institutional	institutional	ADJ
fbem-30807	30	45	design	design	NOUN
fbem-30807	30	46	and	and	CCONJ
fbem-30807	30	47	market	market	NOUN
fbem-30807	30	48	211	211	NUM
fbem-30807	30	49	mechanism	mechanism	NOUN
fbem-30807	30	50	.	.	PUNCT
fbem-30807	31	1	in	in	ADP
fbem-30807	31	2	terms	term	NOUN
fbem-30807	31	3	of	of	ADP
fbem-30807	31	4	policy	policy	NOUN
fbem-30807	31	5	support	support	NOUN
fbem-30807	31	6	,	,	PUNCT
fbem-30807	31	7	esg	esg	PROPN
fbem-30807	31	8	investments	investment	NOUN
fbem-30807	31	9	can	can	AUX
fbem-30807	31	10	receive	receive	VERB
fbem-30807	31	11	relevant	relevant	ADJ
fbem-30807	31	12	tax	tax	NOUN
fbem-30807	31	13	incentives	incentive	NOUN
fbem-30807	31	14	.	.	PUNCT
fbem-30807	32	1	for	for	ADP
fbem-30807	32	2	example	example	NOUN
fbem-30807	32	3	,	,	PUNCT
fbem-30807	32	4	china	china	PROPN
fbem-30807	32	5	exempts	exempt	VERB
fbem-30807	32	6	new	new	ADJ
fbem-30807	32	7	energy	energy	NOUN
fbem-30807	32	8	vehicles	vehicle	NOUN
fbem-30807	32	9	from	from	ADP
fbem-30807	32	10	vehicle	vehicle	NOUN
fbem-30807	32	11	purchase	purchase	NOUN
fbem-30807	32	12	tax	tax	NOUN
fbem-30807	32	13	(	(	PUNCT
fbem-30807	32	14	up	up	ADP
fbem-30807	32	15	to	to	PART
fbem-30807	32	16	rmb	rmb	VERB
fbem-30807	32	17	30,000	30,000	NUM
fbem-30807	32	18	per	per	ADP
fbem-30807	32	19	vehicle	vehicle	NOUN
fbem-30807	32	20	in	in	ADP
fbem-30807	32	21	2024	2024	NUM
fbem-30807	32	22	-	-	SYM
fbem-30807	32	23	2025	2025	NUM
fbem-30807	32	24	)	)	PUNCT
fbem-30807	32	25	and	and	CCONJ
fbem-30807	32	26	guides	guide	VERB
fbem-30807	32	27	companies	company	NOUN
fbem-30807	32	28	to	to	PART
fbem-30807	32	29	reduce	reduce	VERB
fbem-30807	32	30	emissions	emission	NOUN
fbem-30807	32	31	through	through	ADP
fbem-30807	32	32	green	green	ADJ
fbem-30807	32	33	taxes	taxis	NOUN
fbem-30807	32	34	such	such	ADJ
fbem-30807	32	35	as	as	ADP
fbem-30807	32	36	environmental	environmental	ADJ
fbem-30807	32	37	protection	protection	NOUN
fbem-30807	32	38	tax	tax	NOUN
fbem-30807	32	39	and	and	CCONJ
fbem-30807	32	40	resource	resource	NOUN
fbem-30807	32	41	tax	tax	NOUN
fbem-30807	32	42	.	.	PUNCT
fbem-30807	33	1	the	the	DET
fbem-30807	33	2	european	european	PROPN
fbem-30807	33	3	union	union	PROPN
fbem-30807	33	4	provides	provide	VERB
fbem-30807	33	5	r&d	r&d	NOUN
fbem-30807	33	6	subsidies	subsidy	NOUN
fbem-30807	33	7	to	to	ADP
fbem-30807	33	8	companies	company	NOUN
fbem-30807	33	9	that	that	PRON
fbem-30807	33	10	comply	comply	VERB
fbem-30807	33	11	with	with	ADP
fbem-30807	33	12	the	the	DET
fbem-30807	33	13	green	green	ADJ
fbem-30807	33	14	transition	transition	NOUN
fbem-30807	33	15	directive	directive	NOUN
fbem-30807	33	16	,	,	PUNCT
fbem-30807	33	17	and	and	CCONJ
fbem-30807	33	18	germany	germany	PROPN
fbem-30807	33	19	offers	offer	VERB
fbem-30807	33	20	a	a	DET
fbem-30807	33	21	15	15	NUM
fbem-30807	33	22	%	%	NOUN
fbem-30807	33	23	investment	investment	NOUN
fbem-30807	33	24	tax	tax	NOUN
fbem-30807	33	25	credit	credit	NOUN
fbem-30807	33	26	for	for	ADP
fbem-30807	33	27	renewable	renewable	ADJ
fbem-30807	33	28	energy	energy	NOUN
fbem-30807	33	29	projects	project	NOUN
fbem-30807	33	30	.	.	PUNCT
fbem-30807	34	1	esg	esg	NOUN
fbem-30807	34	2	investments	investment	NOUN
fbem-30807	34	3	are	be	AUX
fbem-30807	34	4	also	also	ADV
fbem-30807	34	5	tilted	tilt	VERB
fbem-30807	34	6	in	in	ADP
fbem-30807	34	7	favor	favor	NOUN
fbem-30807	34	8	of	of	ADP
fbem-30807	34	9	corresponding	correspond	VERB
fbem-30807	34	10	industrial	industrial	ADJ
fbem-30807	34	11	policies	policy	NOUN
fbem-30807	34	12	;	;	PUNCT
fbem-30807	34	13	for	for	ADP
fbem-30807	34	14	example	example	NOUN
fbem-30807	34	15	,	,	PUNCT
fbem-30807	34	16	the	the	DET
fbem-30807	34	17	u.s	u.s	PROPN
fbem-30807	34	18	.	.	PROPN
fbem-30807	34	19	inflation	inflation	NOUN
fbem-30807	34	20	reduction	reduction	NOUN
fbem-30807	34	21	act	act	PROPN
fbem-30807	34	22	(	(	PUNCT
fbem-30807	34	23	ira	ira	PROPN
fbem-30807	34	24	)	)	PUNCT
fbem-30807	34	25	provides	provide	VERB
fbem-30807	34	26	$	$	SYM
fbem-30807	34	27	369	369	NUM
fbem-30807	34	28	billion	billion	NUM
fbem-30807	34	29	in	in	ADP
fbem-30807	34	30	subsidies	subsidy	NOUN
fbem-30807	34	31	for	for	ADP
fbem-30807	34	32	clean	clean	ADJ
fbem-30807	34	33	energy	energy	NOUN
fbem-30807	34	34	projects	project	NOUN
fbem-30807	34	35	,	,	PUNCT
fbem-30807	34	36	and	and	CCONJ
fbem-30807	34	37	tesla	tesla	PROPN
fbem-30807	34	38	receives	receive	VERB
fbem-30807	34	39	a	a	DET
fbem-30807	34	40	$	$	SYM
fbem-30807	34	41	7,500	7,500	NUM
fbem-30807	34	42	tax	tax	NOUN
fbem-30807	34	43	credit	credit	NOUN
fbem-30807	34	44	for	for	ADP
fbem-30807	34	45	each	each	DET
fbem-30807	34	46	qualifying	qualify	VERB
fbem-30807	34	47	electric	electric	ADJ
fbem-30807	34	48	vehicle	vehicle	NOUN
fbem-30807	34	49	.	.	PUNCT
fbem-30807	35	1	china	china	PROPN
fbem-30807	35	2	offers	offer	VERB
fbem-30807	35	3	a	a	DET
fbem-30807	35	4	150	150	NUM
fbem-30807	35	5	%	%	NOUN
fbem-30807	35	6	pre	pre	ADJ
fbem-30807	35	7	-	-	ADJ
fbem-30807	35	8	tax	tax	ADJ
fbem-30807	35	9	deduction	deduction	NOUN
fbem-30807	35	10	for	for	ADP
fbem-30807	35	11	green	green	ADJ
fbem-30807	35	12	technology	technology	PROPN
fbem-30807	35	13	r&d	r&d	NOUN
fbem-30807	35	14	,	,	PUNCT
fbem-30807	35	15	and	and	CCONJ
fbem-30807	35	16	tax	tax	NOUN
fbem-30807	35	17	breaks	break	NOUN
fbem-30807	35	18	for	for	ADP
fbem-30807	35	19	high	high	ADJ
fbem-30807	35	20	-	-	PUNCT
fbem-30807	35	21	tech	tech	NOUN
fbem-30807	35	22	enterprises	enterprise	NOUN
fbem-30807	35	23	will	will	AUX
fbem-30807	35	24	exceed	exceed	VERB
fbem-30807	35	25	rmb	rmb	PROPN
fbem-30807	35	26	2.5	2.5	NUM
fbem-30807	35	27	trillion	trillion	NUM
fbem-30807	35	28	in	in	ADP
fbem-30807	35	29	2023	2023	NUM
fbem-30807	35	30	.	.	PUNCT
fbem-30807	36	1	in	in	ADP
fbem-30807	36	2	terms	term	NOUN
fbem-30807	36	3	of	of	ADP
fbem-30807	36	4	financial	financial	ADJ
fbem-30807	36	5	support	support	NOUN
fbem-30807	36	6	,	,	PUNCT
fbem-30807	36	7	esg	esg	PROPN
fbem-30807	36	8	investments	investment	NOUN
fbem-30807	36	9	have	have	VERB
fbem-30807	36	10	the	the	DET
fbem-30807	36	11	advantage	advantage	NOUN
fbem-30807	36	12	of	of	ADP
fbem-30807	36	13	low	low	ADJ
fbem-30807	36	14	-	-	PUNCT
fbem-30807	36	15	cost	cost	NOUN
fbem-30807	36	16	financing	financing	NOUN
fbem-30807	36	17	and	and	CCONJ
fbem-30807	36	18	diversified	diversified	ADJ
fbem-30807	36	19	capital	capital	NOUN
fbem-30807	36	20	support	support	NOUN
fbem-30807	36	21	.	.	PUNCT
fbem-30807	37	1	for	for	ADP
fbem-30807	37	2	example	example	NOUN
fbem-30807	37	3	,	,	PUNCT
fbem-30807	37	4	in	in	ADP
fbem-30807	37	5	the	the	DET
fbem-30807	37	6	field	field	NOUN
fbem-30807	37	7	of	of	ADP
fbem-30807	37	8	bond	bond	NOUN
fbem-30807	37	9	financing	financing	NOUN
fbem-30807	37	10	,	,	PUNCT
fbem-30807	37	11	taking	take	VERB
fbem-30807	37	12	esg	esg	NOUN
fbem-30807	37	13	-	-	PUNCT
fbem-30807	37	14	featured	feature	VERB
fbem-30807	37	15	green	green	ADJ
fbem-30807	37	16	bonds	bond	NOUN
fbem-30807	37	17	and	and	CCONJ
fbem-30807	37	18	carbon	carbon	NOUN
fbem-30807	37	19	-	-	PUNCT
fbem-30807	37	20	neutral	neutral	ADJ
fbem-30807	37	21	bonds	bond	NOUN
fbem-30807	37	22	as	as	ADP
fbem-30807	37	23	an	an	DET
fbem-30807	37	24	example	example	NOUN
fbem-30807	37	25	,	,	PUNCT
fbem-30807	37	26	the	the	DET
fbem-30807	37	27	scale	scale	NOUN
fbem-30807	37	28	of	of	ADP
fbem-30807	37	29	china	china	PROPN
fbem-30807	37	30	's	's	PART
fbem-30807	37	31	green	green	ADJ
fbem-30807	37	32	bond	bond	NOUN
fbem-30807	37	33	issuance	issuance	NOUN
fbem-30807	37	34	in	in	ADP
fbem-30807	37	35	the	the	DET
fbem-30807	37	36	first	first	ADJ
fbem-30807	37	37	quarter	quarter	NOUN
fbem-30807	37	38	of	of	ADP
fbem-30807	37	39	2025	2025	NUM
fbem-30807	37	40	amounted	amount	VERB
fbem-30807	37	41	to	to	ADP
fbem-30807	37	42	rmb	rmb	VERB
fbem-30807	37	43	175.67	175.67	NUM
fbem-30807	37	44	billion	billion	NUM
fbem-30807	37	45	,	,	PUNCT
fbem-30807	37	46	an	an	DET
fbem-30807	37	47	increase	increase	NOUN
fbem-30807	37	48	of	of	ADP
fbem-30807	37	49	53.4	53.4	NUM
fbem-30807	37	50	%	%	NOUN
fbem-30807	37	51	year	year	NOUN
fbem-30807	37	52	-	-	PUNCT
fbem-30807	37	53	on	on	ADP
fbem-30807	37	54	-	-	PUNCT
fbem-30807	37	55	year	year	NOUN
fbem-30807	37	56	,	,	PUNCT
fbem-30807	37	57	and	and	CCONJ
fbem-30807	37	58	64	64	NUM
fbem-30807	37	59	%	%	NOUN
fbem-30807	37	60	of	of	ADP
fbem-30807	37	61	the	the	DET
fbem-30807	37	62	green	green	ADJ
fbem-30807	37	63	bonds	bond	NOUN
fbem-30807	37	64	were	be	AUX
fbem-30807	37	65	issued	issue	VERB
fbem-30807	37	66	at	at	ADP
fbem-30807	37	67	an	an	DET
fbem-30807	37	68	interest	interest	NOUN
fbem-30807	37	69	rate	rate	NOUN
fbem-30807	37	70	lower	low	ADJ
fbem-30807	37	71	than	than	ADP
fbem-30807	37	72	that	that	PRON
fbem-30807	37	73	of	of	ADP
fbem-30807	37	74	ordinary	ordinary	ADJ
fbem-30807	37	75	bonds	bond	NOUN
fbem-30807	37	76	.	.	PUNCT
fbem-30807	38	1	the	the	DET
fbem-30807	38	2	coupon	coupon	NOUN
fbem-30807	38	3	rate	rate	NOUN
fbem-30807	38	4	of	of	ADP
fbem-30807	38	5	the	the	DET
fbem-30807	38	6	3	3	NUM
fbem-30807	38	7	billion	billion	NUM
fbem-30807	38	8	yuan	yuan	NOUN
fbem-30807	38	9	green	green	ADJ
fbem-30807	38	10	financial	financial	ADJ
fbem-30807	38	11	bond	bond	NOUN
fbem-30807	38	12	issued	issue	VERB
fbem-30807	38	13	by	by	ADP
fbem-30807	38	14	xiamen	xiamen	PROPN
fbem-30807	38	15	bank	bank	PROPN
fbem-30807	38	16	was	be	AUX
fbem-30807	38	17	only	only	ADV
fbem-30807	38	18	1.90	1.90	NUM
fbem-30807	38	19	%	%	NOUN
fbem-30807	38	20	,	,	PUNCT
fbem-30807	38	21	significantly	significantly	ADV
fbem-30807	38	22	lower	low	ADJ
fbem-30807	38	23	than	than	ADP
fbem-30807	38	24	that	that	PRON
fbem-30807	38	25	of	of	ADP
fbem-30807	38	26	corporate	corporate	ADJ
fbem-30807	38	27	bonds	bond	NOUN
fbem-30807	38	28	in	in	ADP
fbem-30807	38	29	the	the	DET
fbem-30807	38	30	same	same	ADJ
fbem-30807	38	31	period	period	NOUN
fbem-30807	38	32	;	;	PUNCT
fbem-30807	38	33	china	china	PROPN
fbem-30807	38	34	launched	launch	VERB
fbem-30807	38	35	"	"	PUNCT
fbem-30807	38	36	carbon	carbon	NOUN
fbem-30807	38	37	neutral	neutral	ADJ
fbem-30807	38	38	bonds	bond	NOUN
fbem-30807	38	39	"	"	PUNCT
fbem-30807	38	40	and	and	CCONJ
fbem-30807	38	41	"	"	PUNCT
fbem-30807	38	42	transition	transition	NOUN
fbem-30807	38	43	-	-	PUNCT
fbem-30807	38	44	linked	link	VERB
fbem-30807	38	45	bonds	bond	NOUN
fbem-30807	38	46	"	"	PUNCT
fbem-30807	38	47	,	,	PUNCT
fbem-30807	38	48	and	and	CCONJ
fbem-30807	38	49	the	the	DET
fbem-30807	38	50	scale	scale	NOUN
fbem-30807	38	51	of	of	ADP
fbem-30807	38	52	transition	transition	NOUN
fbem-30807	38	53	bond	bond	NOUN
fbem-30807	38	54	issuance	issuance	NOUN
fbem-30807	38	55	in	in	ADP
fbem-30807	38	56	the	the	DET
fbem-30807	38	57	first	first	ADJ
fbem-30807	38	58	quarter	quarter	NOUN
fbem-30807	38	59	of	of	ADP
fbem-30807	38	60	2025	2025	NUM
fbem-30807	38	61	increased	increase	VERB
fbem-30807	38	62	by	by	ADP
fbem-30807	38	63	4.6	4.6	NUM
fbem-30807	38	64	%	%	NOUN
fbem-30807	38	65	year	year	NOUN
fbem-30807	38	66	-	-	PUNCT
fbem-30807	38	67	on	on	ADP
fbem-30807	38	68	-	-	PUNCT
fbem-30807	38	69	year	year	NOUN
fbem-30807	38	70	.	.	PUNCT
fbem-30807	39	1	the	the	DET
fbem-30807	39	2	eu	eu	PROPN
fbem-30807	39	3	allows	allow	VERB
fbem-30807	39	4	companies	company	NOUN
fbem-30807	39	5	to	to	PART
fbem-30807	39	6	attract	attract	VERB
fbem-30807	39	7	cross	cross	ADJ
fbem-30807	39	8	-	-	ADJ
fbem-30807	39	9	border	border	ADJ
fbem-30807	39	10	capital	capital	NOUN
fbem-30807	39	11	by	by	ADP
fbem-30807	39	12	issuing	issue	VERB
fbem-30807	39	13	"	"	PUNCT
fbem-30807	39	14	double	double	ADJ
fbem-30807	39	15	green	green	ADJ
fbem-30807	39	16	bonds	bond	NOUN
fbem-30807	39	17	"	"	PUNCT
fbem-30807	39	18	(	(	PUNCT
fbem-30807	39	19	meeting	meet	VERB
fbem-30807	39	20	both	both	CCONJ
fbem-30807	39	21	eu	eu	PROPN
fbem-30807	39	22	and	and	CCONJ
fbem-30807	39	23	china	china	PROPN
fbem-30807	39	24	standards	standard	NOUN
fbem-30807	39	25	)	)	PUNCT
fbem-30807	39	26	.	.	PUNCT
fbem-30807	40	1	in	in	ADP
fbem-30807	40	2	addition	addition	NOUN
fbem-30807	40	3	to	to	ADP
fbem-30807	40	4	this	this	PRON
fbem-30807	40	5	,	,	PUNCT
fbem-30807	40	6	premium	premium	NOUN
fbem-30807	40	7	ratings	rating	NOUN
fbem-30807	40	8	on	on	ADP
fbem-30807	40	9	share	share	NOUN
fbem-30807	40	10	prices	price	NOUN
fbem-30807	40	11	can	can	AUX
fbem-30807	40	12	give	give	VERB
fbem-30807	40	13	esg	esg	NOUN
fbem-30807	40	14	-	-	PUNCT
fbem-30807	40	15	invested	invest	VERB
fbem-30807	40	16	companies	company	NOUN
fbem-30807	40	17	a	a	DET
fbem-30807	40	18	valuation	valuation	NOUN
fbem-30807	40	19	boost	boost	NOUN
fbem-30807	40	20	,	,	PUNCT
fbem-30807	40	21	which	which	PRON
fbem-30807	40	22	can	can	AUX
fbem-30807	40	23	also	also	ADV
fbem-30807	40	24	lead	lead	VERB
fbem-30807	40	25	to	to	ADP
fbem-30807	40	26	advantages	advantage	NOUN
fbem-30807	40	27	in	in	ADP
fbem-30807	40	28	terms	term	NOUN
fbem-30807	40	29	of	of	ADP
fbem-30807	40	30	the	the	DET
fbem-30807	40	31	cost	cost	NOUN
fbem-30807	40	32	of	of	ADP
fbem-30807	40	33	corporate	corporate	ADJ
fbem-30807	40	34	credit	credit	NOUN
fbem-30807	40	35	.	.	PUNCT
fbem-30807	41	1	for	for	ADP
fbem-30807	41	2	example	example	NOUN
fbem-30807	41	3	,	,	PUNCT
fbem-30807	41	4	nestlé	nestlé	PROPN
fbem-30807	41	5	,	,	PUNCT
fbem-30807	41	6	which	which	PRON
fbem-30807	41	7	had	have	VERB
fbem-30807	41	8	its	its	PRON
fbem-30807	41	9	credit	credit	NOUN
fbem-30807	41	10	rating	rating	NOUN
fbem-30807	41	11	upgraded	upgrade	VERB
fbem-30807	41	12	to	to	PART
fbem-30807	41	13	aaa	aaa	VERB
fbem-30807	41	14	by	by	ADP
fbem-30807	41	15	s&p	s&p	PROPN
fbem-30807	41	16	in	in	ADP
fbem-30807	41	17	2019	2019	NUM
fbem-30807	41	18	for	for	ADP
fbem-30807	41	19	reducing	reduce	VERB
fbem-30807	41	20	plastic	plastic	ADJ
fbem-30807	41	21	packaging	packaging	NOUN
fbem-30807	41	22	(	(	PUNCT
fbem-30807	41	23	environmental	environmental	NOUN
fbem-30807	41	24	)	)	PUNCT
fbem-30807	41	25	,	,	PUNCT
fbem-30807	41	26	improving	improve	VERB
fbem-30807	41	27	supply	supply	NOUN
fbem-30807	41	28	chain	chain	NOUN
fbem-30807	41	29	labor	labor	NOUN
fbem-30807	41	30	standards	standard	NOUN
fbem-30807	41	31	(	(	PUNCT
fbem-30807	41	32	social	social	ADJ
fbem-30807	41	33	)	)	PUNCT
fbem-30807	41	34	and	and	CCONJ
fbem-30807	41	35	enhancing	enhance	VERB
fbem-30807	41	36	board	board	NOUN
fbem-30807	41	37	diversity	diversity	NOUN
fbem-30807	41	38	(	(	PUNCT
fbem-30807	41	39	governance	governance	NOUN
fbem-30807	41	40	)	)	PUNCT
fbem-30807	41	41	,	,	PUNCT
fbem-30807	41	42	is	be	AUX
fbem-30807	41	43	saving	save	VERB
fbem-30807	41	44	tens	ten	NOUN
fbem-30807	41	45	of	of	ADP
fbem-30807	41	46	millions	million	NOUN
fbem-30807	41	47	of	of	ADP
fbem-30807	41	48	dollars	dollar	NOUN
fbem-30807	41	49	in	in	ADP
fbem-30807	41	50	interest	interest	NOUN
fbem-30807	41	51	annually	annually	ADV
fbem-30807	41	52	by	by	ADP
fbem-30807	41	53	lowering	lower	VERB
fbem-30807	41	54	the	the	DET
fbem-30807	41	55	interest	interest	NOUN
fbem-30807	41	56	rate	rate	NOUN
fbem-30807	41	57	on	on	ADP
fbem-30807	41	58	its	its	PRON
fbem-30807	41	59	bond	bond	NOUN
fbem-30807	41	60	offerings	offering	NOUN
fbem-30807	41	61	by	by	ADP
fbem-30807	41	62	about	about	ADV
fbem-30807	41	63	0.5	0.5	NUM
fbem-30807	41	64	percentage	percentage	NOUN
fbem-30807	41	65	points	point	NOUN
fbem-30807	41	66	compared	compare	VERB
fbem-30807	41	67	to	to	ADP
fbem-30807	41	68	the	the	DET
fbem-30807	41	69	pre	pre	NOUN
fbem-30807	41	70	-	-	NOUN
fbem-30807	41	71	ratings	rating	NOUN
fbem-30807	41	72	upgrade	upgrade	VERB
fbem-30807	41	73	period	period	NOUN
fbem-30807	41	74	.	.	PUNCT
fbem-30807	42	1	tesla	tesla	PROPN
fbem-30807	42	2	,	,	PUNCT
fbem-30807	42	3	inc	inc	PROPN
fbem-30807	42	4	.	.	PROPN
fbem-30807	42	5	's	's	PART
fbem-30807	42	6	strengths	strength	NOUN
fbem-30807	42	7	in	in	ADP
fbem-30807	42	8	electric	electric	ADJ
fbem-30807	42	9	vehicle	vehicle	NOUN
fbem-30807	42	10	technology	technology	NOUN
fbem-30807	42	11	(	(	PUNCT
fbem-30807	42	12	environmental	environmental	ADJ
fbem-30807	42	13	)	)	PUNCT
fbem-30807	42	14	and	and	CCONJ
fbem-30807	42	15	innovative	innovative	ADJ
fbem-30807	42	16	governance	governance	NOUN
fbem-30807	42	17	,	,	PUNCT
fbem-30807	42	18	despite	despite	SCONJ
fbem-30807	42	19	controversy	controversy	NOUN
fbem-30807	42	20	,	,	PUNCT
fbem-30807	42	21	led	lead	VERB
fbem-30807	42	22	to	to	ADP
fbem-30807	42	23	an	an	DET
fbem-30807	42	24	upgrade	upgrade	NOUN
fbem-30807	42	25	of	of	ADP
fbem-30807	42	26	its	its	PRON
fbem-30807	42	27	2020	2020	NUM
fbem-30807	42	28	junk	junk	NOUN
fbem-30807	42	29	bond	bond	NOUN
fbem-30807	42	30	rating	rating	NOUN
fbem-30807	42	31	to	to	ADP
fbem-30807	42	32	investment	investment	NOUN
fbem-30807	42	33	grade	grade	NOUN
fbem-30807	42	34	(	(	PUNCT
fbem-30807	42	35	bbb-	bbb-	CCONJ
fbem-30807	42	36	)	)	PUNCT
fbem-30807	42	37	and	and	CCONJ
fbem-30807	42	38	a	a	DET
fbem-30807	42	39	subsequent	subsequent	ADJ
fbem-30807	42	40	reduction	reduction	NOUN
fbem-30807	42	41	in	in	ADP
fbem-30807	42	42	the	the	DET
fbem-30807	42	43	interest	interest	NOUN
fbem-30807	42	44	rate	rate	NOUN
fbem-30807	42	45	on	on	ADP
fbem-30807	42	46	its	its	PRON
fbem-30807	42	47	bond	bond	NOUN
fbem-30807	42	48	issuance	issuance	NOUN
fbem-30807	42	49	to	to	ADP
fbem-30807	42	50	3.25	3.25	NUM
fbem-30807	42	51	%	%	NOUN
fbem-30807	42	52	from	from	ADP
fbem-30807	42	53	the	the	DET
fbem-30807	42	54	previous	previous	ADJ
fbem-30807	42	55	6	6	NUM
fbem-30807	42	56	%	%	NOUN
fbem-30807	42	57	,	,	PUNCT
fbem-30807	42	58	reflecting	reflect	VERB
fbem-30807	42	59	the	the	DET
fbem-30807	42	60	expected	expect	VERB
fbem-30807	42	61	credit	credit	NOUN
fbem-30807	42	62	risk	risk	NOUN
fbem-30807	42	63	mitigating	mitigate	VERB
fbem-30807	42	64	effect	effect	NOUN
fbem-30807	42	65	of	of	ADP
fbem-30807	42	66	esg	esg	PROPN
fbem-30807	42	67	.	.	PROPN
fbem-30807	43	1	1.2	1.2	NUM
fbem-30807	43	2	.	.	PUNCT
fbem-30807	43	3	definition	definition	NOUN
fbem-30807	43	4	and	and	CCONJ
fbem-30807	43	5	forms	form	NOUN
fbem-30807	43	6	of	of	ADP
fbem-30807	43	7	the	the	DET
fbem-30807	43	8	green	green	PROPN
fbem-30807	43	9	drift	drift	NOUN
fbem-30807	43	10	problem	problem	NOUN
fbem-30807	43	11	under	under	ADP
fbem-30807	43	12	the	the	DET
fbem-30807	43	13	trend	trend	NOUN
fbem-30807	43	14	of	of	ADP
fbem-30807	43	15	expanding	expand	VERB
fbem-30807	43	16	scale	scale	NOUN
fbem-30807	43	17	and	and	CCONJ
fbem-30807	43	18	diversifying	diversify	VERB
fbem-30807	43	19	types	type	NOUN
fbem-30807	43	20	of	of	ADP
fbem-30807	43	21	esg	esg	PROPN
fbem-30807	43	22	investments	investment	NOUN
fbem-30807	43	23	,	,	PUNCT
fbem-30807	43	24	market	market	NOUN
fbem-30807	43	25	fraudulent	fraudulent	ADJ
fbem-30807	43	26	behaviors	behavior	NOUN
fbem-30807	43	27	are	be	AUX
fbem-30807	43	28	common	common	ADJ
fbem-30807	43	29	in	in	ADP
fbem-30807	43	30	order	order	NOUN
fbem-30807	43	31	to	to	PART
fbem-30807	43	32	obtain	obtain	VERB
fbem-30807	43	33	a	a	DET
fbem-30807	43	34	green	green	ADJ
fbem-30807	43	35	premium	premium	NOUN
fbem-30807	43	36	.	.	PUNCT
fbem-30807	44	1	such	such	ADJ
fbem-30807	44	2	behavior	behavior	NOUN
fbem-30807	44	3	not	not	PART
fbem-30807	44	4	only	only	ADV
fbem-30807	44	5	undermines	undermine	VERB
fbem-30807	44	6	investor	investor	NOUN
fbem-30807	44	7	trust	trust	NOUN
fbem-30807	44	8	,	,	PUNCT
fbem-30807	44	9	but	but	CCONJ
fbem-30807	44	10	also	also	ADV
fbem-30807	44	11	may	may	AUX
fbem-30807	44	12	lead	lead	VERB
fbem-30807	44	13	to	to	ADP
fbem-30807	44	14	legal	legal	ADJ
fbem-30807	44	15	risks	risk	NOUN
fbem-30807	44	16	and	and	CCONJ
fbem-30807	44	17	ultimately	ultimately	ADV
fbem-30807	44	18	lead	lead	VERB
fbem-30807	44	19	to	to	PART
fbem-30807	44	20	share	share	VERB
fbem-30807	44	21	price	price	NOUN
fbem-30807	44	22	volatility	volatility	NOUN
fbem-30807	44	23	and	and	CCONJ
fbem-30807	44	24	brand	brand	NOUN
fbem-30807	44	25	reputation	reputation	NOUN
fbem-30807	44	26	collapse	collapse	NOUN
fbem-30807	44	27	in	in	ADP
fbem-30807	44	28	the	the	DET
fbem-30807	44	29	investment	investment	NOUN
fbem-30807	44	30	market	market	NOUN
fbem-30807	44	31	,	,	PUNCT
fbem-30807	44	32	i.e.	i.e.	X
fbem-30807	44	33	,	,	PUNCT
fbem-30807	44	34	green	green	ADJ
fbem-30807	44	35	drift	drift	NOUN
fbem-30807	44	36	behavior	behavior	NOUN
fbem-30807	44	37	.	.	PUNCT
fbem-30807	45	1	for	for	ADP
fbem-30807	45	2	example	example	NOUN
fbem-30807	45	3	,	,	PUNCT
fbem-30807	45	4	bp	bp	PROPN
fbem-30807	45	5	rebranded	rebrande	VERB
fbem-30807	45	6	itself	itself	PRON
fbem-30807	45	7	as	as	ADP
fbem-30807	45	8	"	"	PUNCT
fbem-30807	45	9	beyond	beyond	ADP
fbem-30807	45	10	petroleum	petroleum	NOUN
fbem-30807	45	11	"	"	PUNCT
fbem-30807	45	12	and	and	CCONJ
fbem-30807	45	13	claimed	claim	VERB
fbem-30807	45	14	to	to	PART
fbem-30807	45	15	be	be	AUX
fbem-30807	45	16	transforming	transform	VERB
fbem-30807	45	17	into	into	ADP
fbem-30807	45	18	a	a	DET
fbem-30807	45	19	renewable	renewable	ADJ
fbem-30807	45	20	energy	energy	NOUN
fbem-30807	45	21	company	company	NOUN
fbem-30807	45	22	,	,	PUNCT
fbem-30807	45	23	but	but	CCONJ
fbem-30807	45	24	it	it	PRON
fbem-30807	45	25	still	still	ADV
fbem-30807	45	26	plans	plan	VERB
fbem-30807	45	27	to	to	PART
fbem-30807	45	28	develop	develop	VERB
fbem-30807	45	29	the	the	DET
fbem-30807	45	30	kirkuk	kirkuk	PROPN
fbem-30807	45	31	oil	oil	NOUN
fbem-30807	45	32	field	field	NOUN
fbem-30807	45	33	in	in	ADP
fbem-30807	45	34	iraq	iraq	PROPN
fbem-30807	45	35	by	by	ADP
fbem-30807	45	36	2024	2024	NUM
fbem-30807	45	37	,	,	PUNCT
fbem-30807	45	38	and	and	CCONJ
fbem-30807	45	39	carbon	carbon	NOUN
fbem-30807	45	40	emissions	emission	NOUN
fbem-30807	45	41	from	from	ADP
fbem-30807	45	42	its	its	PRON
fbem-30807	45	43	refining	refining	NOUN
fbem-30807	45	44	business	business	NOUN
fbem-30807	45	45	have	have	AUX
fbem-30807	45	46	not	not	PART
fbem-30807	45	47	dropped	drop	VERB
fbem-30807	45	48	significantly	significantly	ADV
fbem-30807	45	49	.	.	PUNCT
fbem-30807	46	1	investors	investor	NOUN
fbem-30807	46	2	have	have	AUX
fbem-30807	46	3	questioned	question	VERB
fbem-30807	46	4	the	the	DET
fbem-30807	46	5	sincerity	sincerity	NOUN
fbem-30807	46	6	of	of	ADP
fbem-30807	46	7	the	the	DET
fbem-30807	46	8	transition	transition	NOUN
fbem-30807	46	9	,	,	PUNCT
fbem-30807	46	10	and	and	CCONJ
fbem-30807	46	11	the	the	DET
fbem-30807	46	12	stock	stock	NOUN
fbem-30807	46	13	price	price	NOUN
fbem-30807	46	14	has	have	AUX
fbem-30807	46	15	lagged	lag	VERB
fbem-30807	46	16	behind	behind	ADP
fbem-30807	46	17	peers	peer	NOUN
fbem-30807	46	18	,	,	PUNCT
fbem-30807	46	19	criticized	criticize	VERB
fbem-30807	46	20	as	as	ADP
fbem-30807	46	21	"	"	PUNCT
fbem-30807	46	22	using	use	VERB
fbem-30807	46	23	public	public	ADJ
fbem-30807	46	24	relations	relation	NOUN
fbem-30807	46	25	to	to	PART
fbem-30807	46	26	mask	mask	VERB
fbem-30807	46	27	fossil	fossil	NOUN
fbem-30807	46	28	fuel	fuel	NOUN
fbem-30807	46	29	dependence	dependence	NOUN
fbem-30807	46	30	.	.	PUNCT
fbem-30807	47	1	greenwashing	greenwashing	NOUN
fbem-30807	47	2	refers	refer	VERB
fbem-30807	47	3	to	to	ADP
fbem-30807	47	4	the	the	DET
fbem-30807	47	5	behavior	behavior	NOUN
fbem-30807	47	6	of	of	ADP
fbem-30807	47	7	companies	company	NOUN
fbem-30807	47	8	or	or	CCONJ
fbem-30807	47	9	organizations	organization	NOUN
fbem-30807	47	10	in	in	ADP
fbem-30807	47	11	esg	esg	PROPN
fbem-30807	47	12	investments	investment	NOUN
fbem-30807	47	13	that	that	PRON
fbem-30807	47	14	portray	portray	VERB
fbem-30807	47	15	an	an	DET
fbem-30807	47	16	environmentally	environmentally	ADV
fbem-30807	47	17	friendly	friendly	ADJ
fbem-30807	47	18	or	or	CCONJ
fbem-30807	47	19	sustainable	sustainable	ADJ
fbem-30807	47	20	image	image	NOUN
fbem-30807	47	21	through	through	ADP
fbem-30807	47	22	exaggerated	exaggerated	ADJ
fbem-30807	47	23	,	,	PUNCT
fbem-30807	47	24	false	false	ADJ
fbem-30807	47	25	,	,	PUNCT
fbem-30807	47	26	or	or	CCONJ
fbem-30807	47	27	misleading	misleading	ADJ
fbem-30807	47	28	publicity	publicity	NOUN
fbem-30807	47	29	,	,	PUNCT
fbem-30807	47	30	while	while	SCONJ
fbem-30807	47	31	their	their	PRON
fbem-30807	47	32	actual	actual	ADJ
fbem-30807	47	33	actions	action	NOUN
fbem-30807	47	34	are	be	AUX
fbem-30807	47	35	seriously	seriously	ADV
fbem-30807	47	36	out	out	ADP
fbem-30807	47	37	of	of	ADP
fbem-30807	47	38	step	step	NOUN
fbem-30807	47	39	with	with	ADP
fbem-30807	47	40	their	their	PRON
fbem-30807	47	41	declared	declare	VERB
fbem-30807	47	42	esg	esg	PROPN
fbem-30807	47	43	objectives	objective	NOUN
fbem-30807	47	44	.	.	PUNCT
fbem-30807	48	1	in	in	ADP
fbem-30807	48	2	terms	term	NOUN
fbem-30807	48	3	of	of	ADP
fbem-30807	48	4	manifestation	manifestation	NOUN
fbem-30807	48	5	,	,	PUNCT
fbem-30807	48	6	there	there	PRON
fbem-30807	48	7	are	be	VERB
fbem-30807	48	8	three	three	NUM
fbem-30807	48	9	types	type	NOUN
fbem-30807	48	10	of	of	ADP
fbem-30807	48	11	greenwash	greenwash	NOUN
fbem-30807	48	12	behavior	behavior	NOUN
fbem-30807	48	13	.	.	PUNCT
fbem-30807	49	1	one	one	NUM
fbem-30807	49	2	is	be	AUX
fbem-30807	49	3	vague	vague	ADJ
fbem-30807	49	4	or	or	CCONJ
fbem-30807	49	5	misleading	misleading	ADJ
fbem-30807	49	6	statements	statement	NOUN
fbem-30807	49	7	,	,	PUNCT
fbem-30807	49	8	such	such	ADJ
fbem-30807	49	9	as	as	ADP
fbem-30807	49	10	the	the	DET
fbem-30807	49	11	use	use	NOUN
fbem-30807	49	12	of	of	ADP
fbem-30807	49	13	terms	term	NOUN
fbem-30807	49	14	that	that	PRON
fbem-30807	49	15	lack	lack	VERB
fbem-30807	49	16	clear	clear	ADJ
fbem-30807	49	17	definitions	definition	NOUN
fbem-30807	49	18	,	,	PUNCT
fbem-30807	49	19	such	such	ADJ
fbem-30807	49	20	as	as	ADP
fbem-30807	49	21	"	"	PUNCT
fbem-30807	49	22	natural	natural	ADJ
fbem-30807	49	23	"	"	PUNCT
fbem-30807	49	24	and	and	CCONJ
fbem-30807	49	25	"	"	PUNCT
fbem-30807	49	26	sustainable	sustainable	ADJ
fbem-30807	49	27	"	"	PUNCT
fbem-30807	49	28	.	.	PUNCT
fbem-30807	50	1	or	or	CCONJ
fbem-30807	50	2	exaggerating	exaggerate	VERB
fbem-30807	50	3	a	a	DET
fbem-30807	50	4	company	company	NOUN
fbem-30807	50	5	's	's	PART
fbem-30807	50	6	commitment	commitment	NOUN
fbem-30807	50	7	to	to	ADP
fbem-30807	50	8	future	future	ADJ
fbem-30807	50	9	operational	operational	ADJ
fbem-30807	50	10	goals	goal	NOUN
fbem-30807	50	11	,	,	PUNCT
fbem-30807	50	12	such	such	ADJ
fbem-30807	50	13	as	as	ADP
fbem-30807	50	14	setting	set	VERB
fbem-30807	50	15	distant	distant	ADJ
fbem-30807	50	16	emission	emission	NOUN
fbem-30807	50	17	reduction	reduction	NOUN
fbem-30807	50	18	targets	target	NOUN
fbem-30807	50	19	(	(	PUNCT
fbem-30807	50	20	e.g.	e.g.	ADV
fbem-30807	50	21	,	,	PUNCT
fbem-30807	50	22	"	"	PUNCT
fbem-30807	50	23	net	net	ADJ
fbem-30807	50	24	-	-	PUNCT
fbem-30807	50	25	zero	zero	NUM
fbem-30807	50	26	emissions	emission	NOUN
fbem-30807	50	27	by	by	ADP
fbem-30807	50	28	2050	2050	NUM
fbem-30807	50	29	"	"	PUNCT
fbem-30807	50	30	)	)	PUNCT
fbem-30807	50	31	without	without	ADP
fbem-30807	50	32	a	a	DET
fbem-30807	50	33	medium	medium	ADJ
fbem-30807	50	34	-	-	PUNCT
fbem-30807	50	35	term	term	NOUN
fbem-30807	50	36	implementation	implementation	NOUN
fbem-30807	50	37	plan	plan	NOUN
fbem-30807	50	38	.	.	PUNCT
fbem-30807	51	1	the	the	DET
fbem-30807	51	2	second	second	ADJ
fbem-30807	51	3	type	type	NOUN
fbem-30807	51	4	is	be	AUX
fbem-30807	51	5	data	datum	NOUN
fbem-30807	51	6	falsification	falsification	NOUN
fbem-30807	51	7	and	and	CCONJ
fbem-30807	51	8	certification	certification	NOUN
fbem-30807	51	9	fraud	fraud	NOUN
fbem-30807	51	10	,	,	PUNCT
fbem-30807	51	11	such	such	ADJ
fbem-30807	51	12	as	as	ADP
fbem-30807	51	13	faking	fake	VERB
fbem-30807	51	14	third	third	ADJ
fbem-30807	51	15	-	-	PUNCT
fbem-30807	51	16	party	party	NOUN
fbem-30807	51	17	certifications	certification	NOUN
fbem-30807	51	18	:	:	PUNCT
fbem-30807	51	19	using	use	VERB
fbem-30807	51	20	labels	label	NOUN
fbem-30807	51	21	such	such	ADJ
fbem-30807	51	22	as	as	ADP
fbem-30807	51	23	"	"	PUNCT
fbem-30807	51	24	china	china	PROPN
fbem-30807	51	25	environmental	environmental	ADJ
fbem-30807	51	26	labeling	labeling	NOUN
fbem-30807	51	27	"	"	PUNCT
fbem-30807	51	28	when	when	SCONJ
fbem-30807	51	29	they	they	PRON
fbem-30807	51	30	are	be	AUX
fbem-30807	51	31	not	not	PART
fbem-30807	51	32	certified	certify	VERB
fbem-30807	51	33	.	.	PUNCT
fbem-30807	52	1	for	for	ADP
fbem-30807	52	2	example	example	NOUN
fbem-30807	52	3	,	,	PUNCT
fbem-30807	52	4	a	a	DET
fbem-30807	52	5	printing	print	VERB
fbem-30807	52	6	company	company	NOUN
fbem-30807	52	7	was	be	AUX
fbem-30807	52	8	fined	fine	VERB
fbem-30807	52	9	200,000	200,000	NUM
fbem-30807	52	10	rmb	rmb	NOUN
fbem-30807	52	11	by	by	ADP
fbem-30807	52	12	the	the	DET
fbem-30807	52	13	market	market	NOUN
fbem-30807	52	14	regulator	regulator	NOUN
fbem-30807	52	15	for	for	ADP
fbem-30807	52	16	falsely	falsely	ADV
fbem-30807	52	17	advertising	advertise	VERB
fbem-30807	52	18	"	"	PUNCT
fbem-30807	52	19	green	green	ADJ
fbem-30807	52	20	printing	printing	NOUN
fbem-30807	52	21	products	product	NOUN
fbem-30807	52	22	"	"	PUNCT
fbem-30807	52	23	.	.	PUNCT
fbem-30807	53	1	selective	selective	ADJ
fbem-30807	53	2	disclosure	disclosure	NOUN
fbem-30807	53	3	of	of	ADP
fbem-30807	53	4	data	datum	NOUN
fbem-30807	53	5	,	,	PUNCT
fbem-30807	53	6	showing	show	VERB
fbem-30807	53	7	only	only	ADV
fbem-30807	53	8	esg	esg	NOUN
fbem-30807	53	9	indicators	indicator	NOUN
fbem-30807	53	10	that	that	PRON
fbem-30807	53	11	are	be	AUX
fbem-30807	53	12	favorable	favorable	ADJ
fbem-30807	53	13	to	to	ADP
fbem-30807	53	14	the	the	DET
fbem-30807	53	15	company	company	NOUN
fbem-30807	53	16	.	.	PUNCT
fbem-30807	54	1	for	for	ADP
fbem-30807	54	2	example	example	NOUN
fbem-30807	54	3	,	,	PUNCT
fbem-30807	54	4	a	a	DET
fbem-30807	54	5	car	car	NOUN
fbem-30807	54	6	company	company	NOUN
fbem-30807	54	7	emphasized	emphasize	VERB
fbem-30807	54	8	the	the	DET
fbem-30807	54	9	growth	growth	NOUN
fbem-30807	54	10	of	of	ADP
fbem-30807	54	11	electric	electric	ADJ
fbem-30807	54	12	vehicle	vehicle	NOUN
fbem-30807	54	13	sales	sale	NOUN
fbem-30807	54	14	in	in	ADP
fbem-30807	54	15	its	its	PRON
fbem-30807	54	16	report	report	NOUN
fbem-30807	54	17	,	,	PUNCT
fbem-30807	54	18	but	but	CCONJ
fbem-30807	54	19	hid	hide	VERB
fbem-30807	54	20	the	the	DET
fbem-30807	54	21	fact	fact	NOUN
fbem-30807	54	22	that	that	SCONJ
fbem-30807	54	23	carbon	carbon	NOUN
fbem-30807	54	24	emissions	emission	NOUN
fbem-30807	54	25	from	from	ADP
fbem-30807	54	26	fuel	fuel	NOUN
fbem-30807	54	27	vehicles	vehicle	NOUN
fbem-30807	54	28	exceeded	exceed	VERB
fbem-30807	54	29	the	the	DET
fbem-30807	54	30	standard	standard	NOUN
fbem-30807	54	31	.	.	PUNCT
fbem-30807	55	1	the	the	DET
fbem-30807	55	2	third	third	ADJ
fbem-30807	55	3	type	type	NOUN
fbem-30807	55	4	is	be	AUX
fbem-30807	55	5	financial	financial	ADJ
fbem-30807	55	6	arbitrage	arbitrage	NOUN
fbem-30807	55	7	through	through	ADP
fbem-30807	55	8	financial	financial	ADJ
fbem-30807	55	9	instruments	instrument	NOUN
fbem-30807	55	10	to	to	PART
fbem-30807	55	11	circumvent	circumvent	VERB
fbem-30807	55	12	regulatory	regulatory	ADJ
fbem-30807	55	13	policies	policy	NOUN
fbem-30807	55	14	.	.	PUNCT
fbem-30807	56	1	for	for	ADP
fbem-30807	56	2	example	example	NOUN
fbem-30807	56	3	,	,	PUNCT
fbem-30807	56	4	after	after	ADP
fbem-30807	56	5	obtaining	obtain	VERB
fbem-30807	56	6	low	low	ADJ
fbem-30807	56	7	-	-	PUNCT
fbem-30807	56	8	cost	cost	NOUN
fbem-30807	56	9	funds	fund	NOUN
fbem-30807	56	10	by	by	ADP
fbem-30807	56	11	issuing	issue	VERB
fbem-30807	56	12	green	green	ADJ
fbem-30807	56	13	bonds	bond	NOUN
fbem-30807	56	14	or	or	CCONJ
fbem-30807	56	15	applying	apply	VERB
fbem-30807	56	16	for	for	ADP
fbem-30807	56	17	green	green	ADJ
fbem-30807	56	18	credits	credit	NOUN
fbem-30807	56	19	,	,	PUNCT
fbem-30807	56	20	an	an	DET
fbem-30807	56	21	enterprise	enterprise	NOUN
fbem-30807	56	22	actually	actually	ADV
fbem-30807	56	23	invests	invest	VERB
fbem-30807	56	24	the	the	DET
fbem-30807	56	25	funds	fund	NOUN
fbem-30807	56	26	in	in	ADP
fbem-30807	56	27	high	high	ADJ
fbem-30807	56	28	-	-	PUNCT
fbem-30807	56	29	pollution	pollution	NOUN
fbem-30807	56	30	and	and	CCONJ
fbem-30807	56	31	high	high	ADJ
fbem-30807	56	32	-	-	PUNCT
fbem-30807	56	33	energy	energy	NOUN
fbem-30807	56	34	-	-	PUNCT
fbem-30807	56	35	consumption	consumption	NOUN
fbem-30807	56	36	projects	project	NOUN
fbem-30807	56	37	.	.	PUNCT
fbem-30807	57	1	for	for	ADP
fbem-30807	57	2	example	example	NOUN
fbem-30807	57	3	,	,	PUNCT
fbem-30807	57	4	the	the	DET
fbem-30807	57	5	green	green	ADJ
fbem-30807	57	6	energy	energy	NOUN
fbem-30807	57	7	subsidiary	subsidiary	NOUN
fbem-30807	57	8	of	of	ADP
fbem-30807	57	9	india	india	PROPN
fbem-30807	57	10	's	's	PART
fbem-30807	57	11	adani	adani	PROPN
fbem-30807	57	12	group	group	NOUN
fbem-30807	57	13	used	use	VERB
fbem-30807	57	14	green	green	ADJ
fbem-30807	57	15	financing	financing	NOUN
fbem-30807	57	16	funds	fund	NOUN
fbem-30807	57	17	for	for	ADP
fbem-30807	57	18	the	the	DET
fbem-30807	57	19	carmichael	carmichael	PROPN
fbem-30807	57	20	coal	coal	NOUN
fbem-30807	57	21	project	project	NOUN
fbem-30807	57	22	in	in	ADP
fbem-30807	57	23	australia	australia	PROPN
fbem-30807	57	24	,	,	PUNCT
fbem-30807	57	25	which	which	PRON
fbem-30807	57	26	led	lead	VERB
fbem-30807	57	27	the	the	DET
fbem-30807	57	28	norwegian	norwegian	ADJ
fbem-30807	57	29	pension	pension	NOUN
fbem-30807	57	30	fund	fund	NOUN
fbem-30807	57	31	klp	klp	PROPN
fbem-30807	57	32	to	to	PART
fbem-30807	57	33	sell	sell	VERB
fbem-30807	57	34	its	its	PRON
fbem-30807	57	35	shares	share	NOUN
fbem-30807	57	36	[	[	X
fbem-30807	57	37	2	2	NUM
fbem-30807	57	38	]	]	PUNCT
fbem-30807	57	39	.	.	PUNCT
fbem-30807	58	1	2	2	X
fbem-30807	58	2	.	.	X
fbem-30807	58	3	causes	cause	NOUN
fbem-30807	58	4	of	of	ADP
fbem-30807	58	5	the	the	DET
fbem-30807	58	6	greenwash	greenwash	NOUN
fbem-30807	58	7	problem	problem	NOUN
fbem-30807	58	8	under	under	ADP
fbem-30807	58	9	the	the	DET
fbem-30807	58	10	esg	esg	PROPN
fbem-30807	58	11	regulatory	regulatory	ADJ
fbem-30807	58	12	framework	framework	NOUN
fbem-30807	58	13	a	a	DET
fbem-30807	58	14	considerable	considerable	ADJ
fbem-30807	58	15	number	number	NOUN
fbem-30807	58	16	of	of	ADP
fbem-30807	58	17	greenwash	greenwash	NOUN
fbem-30807	58	18	problems	problem	NOUN
fbem-30807	58	19	worldwide	worldwide	ADV
fbem-30807	58	20	are	be	AUX
fbem-30807	58	21	not	not	PART
fbem-30807	58	22	only	only	ADV
fbem-30807	58	23	detrimental	detrimental	ADJ
fbem-30807	58	24	to	to	ADP
fbem-30807	58	25	the	the	DET
fbem-30807	58	26	long	long	ADJ
fbem-30807	58	27	-	-	PUNCT
fbem-30807	58	28	term	term	NOUN
fbem-30807	58	29	development	development	NOUN
fbem-30807	58	30	of	of	ADP
fbem-30807	58	31	enterprises	enterprise	NOUN
fbem-30807	58	32	,	,	PUNCT
fbem-30807	58	33	but	but	CCONJ
fbem-30807	58	34	also	also	ADV
fbem-30807	58	35	undermine	undermine	VERB
fbem-30807	58	36	the	the	DET
fbem-30807	58	37	overall	overall	ADJ
fbem-30807	58	38	investment	investment	NOUN
fbem-30807	58	39	order	order	NOUN
fbem-30807	58	40	of	of	ADP
fbem-30807	58	41	esg	esg	PROPN
fbem-30807	58	42	investments	investment	NOUN
fbem-30807	58	43	,	,	PUNCT
fbem-30807	58	44	and	and	CCONJ
fbem-30807	58	45	the	the	DET
fbem-30807	58	46	regulatory	regulatory	ADJ
fbem-30807	58	47	arbitrage	arbitrage	NOUN
fbem-30807	58	48	and	and	CCONJ
fbem-30807	58	49	market	market	NOUN
fbem-30807	58	50	frauds	fraud	NOUN
fbem-30807	58	51	brought	bring	VERB
fbem-30807	58	52	about	about	ADP
fbem-30807	58	53	by	by	ADP
fbem-30807	58	54	greenwash	greenwash	NOUN
fbem-30807	58	55	behavior	behavior	NOUN
fbem-30807	58	56	also	also	ADV
fbem-30807	58	57	damage	damage	VERB
fbem-30807	58	58	the	the	DET
fbem-30807	58	59	interests	interest	NOUN
fbem-30807	58	60	of	of	ADP
fbem-30807	58	61	market	market	NOUN
fbem-30807	58	62	investors	investor	NOUN
fbem-30807	58	63	to	to	ADP
fbem-30807	58	64	a	a	DET
fbem-30807	58	65	large	large	ADJ
fbem-30807	58	66	extent	extent	NOUN
fbem-30807	58	67	,	,	PUNCT
fbem-30807	58	68	which	which	PRON
fbem-30807	58	69	requires	require	VERB
fbem-30807	58	70	a	a	DET
fbem-30807	58	71	careful	careful	ADJ
fbem-30807	58	72	analysis	analysis	NOUN
fbem-30807	58	73	of	of	ADP
fbem-30807	58	74	its	its	PRON
fbem-30807	58	75	causes	cause	NOUN
fbem-30807	58	76	.	.	PUNCT
fbem-30807	59	1	the	the	DET
fbem-30807	59	2	current	current	ADJ
fbem-30807	59	3	situation	situation	NOUN
fbem-30807	59	4	of	of	ADP
fbem-30807	59	5	the	the	DET
fbem-30807	59	6	greenwash	greenwash	NOUN
fbem-30807	59	7	problem	problem	NOUN
fbem-30807	59	8	is	be	AUX
fbem-30807	59	9	mainly	mainly	ADV
fbem-30807	59	10	composed	compose	VERB
fbem-30807	59	11	of	of	ADP
fbem-30807	59	12	two	two	NUM
fbem-30807	59	13	reasons	reason	NOUN
fbem-30807	59	14	,	,	PUNCT
fbem-30807	59	15	the	the	DET
fbem-30807	59	16	first	first	ADJ
fbem-30807	59	17	is	be	AUX
fbem-30807	59	18	that	that	SCONJ
fbem-30807	59	19	there	there	PRON
fbem-30807	59	20	are	be	VERB
fbem-30807	59	21	problems	problem	NOUN
fbem-30807	59	22	in	in	ADP
fbem-30807	59	23	the	the	DET
fbem-30807	59	24	regulatory	regulatory	ADJ
fbem-30807	59	25	framework	framework	NOUN
fbem-30807	59	26	itself	itself	PRON
fbem-30807	59	27	,	,	PUNCT
fbem-30807	59	28	which	which	PRON
fbem-30807	59	29	makes	make	VERB
fbem-30807	59	30	there	there	PRON
fbem-30807	59	31	are	be	VERB
fbem-30807	59	32	a	a	DET
fbem-30807	59	33	lot	lot	NOUN
fbem-30807	59	34	of	of	ADP
fbem-30807	59	35	loopholes	loophole	NOUN
fbem-30807	59	36	in	in	ADP
fbem-30807	59	37	the	the	DET
fbem-30807	59	38	regulation	regulation	NOUN
fbem-30807	59	39	,	,	PUNCT
fbem-30807	59	40	so	so	SCONJ
fbem-30807	59	41	that	that	SCONJ
fbem-30807	59	42	regulatory	regulatory	ADJ
fbem-30807	59	43	arbitrage	arbitrage	NOUN
fbem-30807	59	44	behaviors	behavior	NOUN
fbem-30807	59	45	continue	continue	VERB
fbem-30807	59	46	to	to	PART
fbem-30807	59	47	appear	appear	VERB
fbem-30807	59	48	,	,	PUNCT
fbem-30807	59	49	and	and	CCONJ
fbem-30807	59	50	the	the	DET
fbem-30807	59	51	second	second	NOUN
fbem-30807	59	52	is	be	AUX
fbem-30807	59	53	that	that	SCONJ
fbem-30807	59	54	the	the	DET
fbem-30807	59	55	corresponding	corresponding	ADJ
fbem-30807	59	56	legal	legal	ADJ
fbem-30807	59	57	responsibility	responsibility	NOUN
fbem-30807	59	58	regulation	regulation	NOUN
fbem-30807	59	59	of	of	ADP
fbem-30807	59	60	greenwash	greenwash	NOUN
fbem-30807	59	61	behavior	behavior	NOUN
fbem-30807	59	62	is	be	AUX
fbem-30807	59	63	not	not	PART
fbem-30807	59	64	in	in	ADP
fbem-30807	59	65	place	place	NOUN
fbem-30807	59	66	,	,	PUNCT
fbem-30807	59	67	resulting	result	VERB
fbem-30807	59	68	in	in	ADP
fbem-30807	59	69	low	low	ADJ
fbem-30807	59	70	cost	cost	NOUN
fbem-30807	59	71	of	of	ADP
fbem-30807	59	72	violation	violation	NOUN
fbem-30807	59	73	of	of	ADP
fbem-30807	59	74	the	the	DET
fbem-30807	59	75	law	law	NOUN
fbem-30807	59	76	.	.	PUNCT
fbem-30807	60	1	2.1	2.1	NUM
fbem-30807	60	2	.	.	PUNCT
fbem-30807	60	3	deficiencies	deficiency	NOUN
fbem-30807	60	4	in	in	ADP
fbem-30807	60	5	the	the	DET
fbem-30807	60	6	regulatory	regulatory	ADJ
fbem-30807	60	7	framework	framework	NOUN
fbem-30807	60	8	the	the	DET
fbem-30807	60	9	regulatory	regulatory	ADJ
fbem-30807	60	10	framework	framework	NOUN
fbem-30807	60	11	for	for	ADP
fbem-30807	60	12	esg	esg	PROPN
fbem-30807	60	13	has	have	VERB
fbem-30807	60	14	its	its	PRON
fbem-30807	60	15	own	own	ADJ
fbem-30807	60	16	systemic	systemic	ADJ
fbem-30807	60	17	problems	problem	NOUN
fbem-30807	60	18	of	of	ADP
fbem-30807	60	19	fragmented	fragmented	ADJ
fbem-30807	60	20	rules	rule	NOUN
fbem-30807	60	21	and	and	CCONJ
fbem-30807	60	22	weak	weak	ADJ
fbem-30807	60	23	enforcement	enforcement	NOUN
fbem-30807	60	24	.	.	PUNCT
fbem-30807	61	1	the	the	DET
fbem-30807	61	2	global	global	PROPN
fbem-30807	61	3	esg	esg	PROPN
fbem-30807	61	4	disclosure	disclosure	NOUN
fbem-30807	61	5	framework	framework	NOUN
fbem-30807	61	6	is	be	AUX
fbem-30807	61	7	"	"	PUNCT
fbem-30807	61	8	divided	divide	VERB
fbem-30807	61	9	"	"	PUNCT
fbem-30807	61	10	.	.	PUNCT
fbem-30807	62	1	the	the	DET
fbem-30807	62	2	european	european	PROPN
fbem-30807	62	3	union	union	PROPN
fbem-30807	62	4	's	's	PART
fbem-30807	62	5	corporate	corporate	ADJ
fbem-30807	62	6	sustainability	sustainability	NOUN
fbem-30807	62	7	reporting	report	VERB
fbem-30807	62	8	directive	directive	NOUN
fbem-30807	62	9	(	(	PUNCT
fbem-30807	62	10	csrd	csrd	NOUN
fbem-30807	62	11	)	)	PUNCT
fbem-30807	62	12	requires	require	VERB
fbem-30807	62	13	"	"	PUNCT
fbem-30807	62	14	dual	dual	ADJ
fbem-30807	62	15	materiality	materiality	NOUN
fbem-30807	62	16	"	"	PUNCT
fbem-30807	62	17	disclosure	disclosure	NOUN
fbem-30807	62	18	(	(	PUNCT
fbem-30807	62	19	i.e.	i.e.	X
fbem-30807	62	20	,	,	PUNCT
fbem-30807	62	21	the	the	DET
fbem-30807	62	22	impact	impact	NOUN
fbem-30807	62	23	of	of	ADP
fbem-30807	62	24	the	the	DET
fbem-30807	62	25	enterprise	enterprise	NOUN
fbem-30807	62	26	on	on	ADP
fbem-30807	62	27	the	the	DET
fbem-30807	62	28	social	social	ADJ
fbem-30807	62	29	environment	environment	NOUN
fbem-30807	62	30	and	and	CCONJ
fbem-30807	62	31	the	the	DET
fbem-30807	62	32	impact	impact	NOUN
fbem-30807	62	33	of	of	ADP
fbem-30807	62	34	the	the	DET
fbem-30807	62	35	social	social	ADJ
fbem-30807	62	36	environment	environment	NOUN
fbem-30807	62	37	on	on	ADP
fbem-30807	62	38	the	the	DET
fbem-30807	62	39	enterprise	enterprise	NOUN
fbem-30807	62	40	)	)	PUNCT
fbem-30807	62	41	,	,	PUNCT
fbem-30807	62	42	while	while	SCONJ
fbem-30807	62	43	the	the	DET
fbem-30807	62	44	u.s	u.s	PROPN
fbem-30807	62	45	.	.	PROPN
fbem-30807	62	46	sec	sec	PROPN
fbem-30807	62	47	focuses	focus	VERB
fbem-30807	62	48	on	on	ADP
fbem-30807	62	49	"	"	PUNCT
fbem-30807	62	50	financial	financial	ADJ
fbem-30807	62	51	materiality	materiality	NOUN
fbem-30807	62	52	"	"	PUNCT
fbem-30807	62	53	(	(	PUNCT
fbem-30807	62	54	the	the	DET
fbem-30807	62	55	impact	impact	NOUN
fbem-30807	62	56	of	of	ADP
fbem-30807	62	57	environmental	environmental	ADJ
fbem-30807	62	58	factors	factor	NOUN
fbem-30807	62	59	on	on	ADP
fbem-30807	62	60	the	the	DET
fbem-30807	62	61	enterprise	enterprise	NOUN
fbem-30807	62	62	's	's	PART
fbem-30807	62	63	finances	finance	NOUN
fbem-30807	62	64	)	)	PUNCT
fbem-30807	62	65	,	,	PUNCT
fbem-30807	62	66	and	and	CCONJ
fbem-30807	62	67	china	china	PROPN
fbem-30807	62	68	adopts	adopt	VERB
fbem-30807	62	69	"	"	PUNCT
fbem-30807	62	70	environmental	environmental	ADJ
fbem-30807	62	71	materiality	materiality	NOUN
fbem-30807	62	72	"	"	PUNCT
fbem-30807	62	73	(	(	PUNCT
fbem-30807	62	74	the	the	DET
fbem-30807	62	75	impact	impact	NOUN
fbem-30807	62	76	of	of	ADP
fbem-30807	62	77	212	212	NUM
fbem-30807	62	78	environmental	environmental	ADJ
fbem-30807	62	79	factors	factor	NOUN
fbem-30807	62	80	on	on	ADP
fbem-30807	62	81	the	the	DET
fbem-30807	62	82	enterprise	enterprise	NOUN
fbem-30807	62	83	's	's	PART
fbem-30807	62	84	finances	finance	NOUN
fbem-30807	62	85	)	)	PUNCT
fbem-30807	62	86	.	.	PUNCT
fbem-30807	63	1	(	(	PUNCT
fbem-30807	63	2	the	the	DET
fbem-30807	63	3	impact	impact	NOUN
fbem-30807	63	4	of	of	ADP
fbem-30807	63	5	environmental	environmental	ADJ
fbem-30807	63	6	factors	factor	NOUN
fbem-30807	63	7	on	on	ADP
fbem-30807	63	8	a	a	DET
fbem-30807	63	9	firm	firm	NOUN
fbem-30807	63	10	's	's	PART
fbem-30807	63	11	finances	finance	NOUN
fbem-30807	63	12	)	)	PUNCT
fbem-30807	63	13	,	,	PUNCT
fbem-30807	63	14	while	while	SCONJ
fbem-30807	63	15	china	china	PROPN
fbem-30807	63	16	adopts	adopt	VERB
fbem-30807	63	17	a	a	DET
fbem-30807	63	18	"	"	PUNCT
fbem-30807	63	19	tiered	tiered	ADJ
fbem-30807	63	20	and	and	CCONJ
fbem-30807	63	21	mandatory	mandatory	ADJ
fbem-30807	63	22	"	"	PUNCT
fbem-30807	63	23	standard	standard	NOUN
fbem-30807	63	24	.	.	PUNCT
fbem-30807	64	1	this	this	DET
fbem-30807	64	2	difference	difference	NOUN
fbem-30807	64	3	leads	lead	VERB
fbem-30807	64	4	to	to	ADP
fbem-30807	64	5	regulatory	regulatory	ADJ
fbem-30807	64	6	arbitrage	arbitrage	NOUN
fbem-30807	64	7	by	by	ADP
fbem-30807	64	8	multinational	multinational	ADJ
fbem-30807	64	9	enterprises	enterprise	NOUN
fbem-30807	64	10	by	by	ADP
fbem-30807	64	11	choosing	choose	VERB
fbem-30807	64	12	low	low	ADJ
fbem-30807	64	13	standard	standard	ADJ
fbem-30807	64	14	jurisdictions	jurisdiction	NOUN
fbem-30807	64	15	[	[	X
fbem-30807	64	16	3	3	NUM
fbem-30807	64	17	]	]	PUNCT
fbem-30807	64	18	.	.	PUNCT
fbem-30807	65	1	in	in	ADP
fbem-30807	65	2	addition	addition	NOUN
fbem-30807	65	3	,	,	PUNCT
fbem-30807	65	4	there	there	PRON
fbem-30807	65	5	are	be	VERB
fbem-30807	65	6	conflicting	conflict	VERB
fbem-30807	65	7	esg	esg	NOUN
fbem-30807	65	8	standards	standard	NOUN
fbem-30807	65	9	for	for	ADP
fbem-30807	65	10	different	different	ADJ
fbem-30807	65	11	industries	industry	NOUN
fbem-30807	65	12	.	.	PUNCT
fbem-30807	66	1	for	for	ADP
fbem-30807	66	2	example	example	NOUN
fbem-30807	66	3	,	,	PUNCT
fbem-30807	66	4	there	there	PRON
fbem-30807	66	5	are	be	VERB
fbem-30807	66	6	significant	significant	ADJ
fbem-30807	66	7	differences	difference	NOUN
fbem-30807	66	8	in	in	ADP
fbem-30807	66	9	the	the	DET
fbem-30807	66	10	definition	definition	NOUN
fbem-30807	66	11	of	of	ADP
fbem-30807	66	12	"	"	PUNCT
fbem-30807	66	13	transitional	transitional	ADJ
fbem-30807	66	14	green	green	ADJ
fbem-30807	66	15	energy	energy	NOUN
fbem-30807	66	16	"	"	PUNCT
fbem-30807	66	17	in	in	ADP
fbem-30807	66	18	the	the	DET
fbem-30807	66	19	energy	energy	NOUN
fbem-30807	66	20	sector	sector	NOUN
fbem-30807	66	21	,	,	PUNCT
fbem-30807	66	22	with	with	ADP
fbem-30807	66	23	the	the	DET
fbem-30807	66	24	european	european	PROPN
fbem-30807	66	25	union	union	PROPN
fbem-30807	66	26	classifying	classify	VERB
fbem-30807	66	27	natural	natural	ADJ
fbem-30807	66	28	gas	gas	NOUN
fbem-30807	66	29	as	as	ADP
fbem-30807	66	30	a	a	DET
fbem-30807	66	31	"	"	PUNCT
fbem-30807	66	32	transitional	transitional	ADJ
fbem-30807	66	33	energy	energy	NOUN
fbem-30807	66	34	"	"	PUNCT
fbem-30807	66	35	and	and	CCONJ
fbem-30807	66	36	china	china	PROPN
fbem-30807	66	37	focusing	focus	VERB
fbem-30807	66	38	on	on	ADP
fbem-30807	66	39	renewable	renewable	ADJ
fbem-30807	66	40	energy	energy	NOUN
fbem-30807	66	41	installations	installation	NOUN
fbem-30807	66	42	,	,	PUNCT
fbem-30807	66	43	leading	lead	VERB
fbem-30807	66	44	to	to	ADP
fbem-30807	66	45	conceptualization	conceptualization	NOUN
fbem-30807	66	46	and	and	CCONJ
fbem-30807	66	47	packaging	packaging	NOUN
fbem-30807	66	48	by	by	ADP
fbem-30807	66	49	energy	energy	NOUN
fbem-30807	66	50	companies	company	NOUN
fbem-30807	66	51	to	to	PART
fbem-30807	66	52	avoid	avoid	VERB
fbem-30807	66	53	regulation	regulation	NOUN
fbem-30807	66	54	.	.	PUNCT
fbem-30807	67	1	while	while	SCONJ
fbem-30807	67	2	the	the	DET
fbem-30807	67	3	international	international	ADJ
fbem-30807	67	4	sustainability	sustainability	NOUN
fbem-30807	67	5	standards	standard	NOUN
fbem-30807	67	6	board	board	NOUN
fbem-30807	67	7	(	(	PUNCT
fbem-30807	67	8	issb	issb	NOUN
fbem-30807	67	9	)	)	PUNCT
fbem-30807	67	10	promotes	promote	VERB
fbem-30807	67	11	the	the	DET
fbem-30807	67	12	global	global	ADJ
fbem-30807	67	13	harmonization	harmonization	NOUN
fbem-30807	67	14	of	of	ADP
fbem-30807	67	15	standards	standard	NOUN
fbem-30807	67	16	,	,	PUNCT
fbem-30807	67	17	regional	regional	ADJ
fbem-30807	67	18	rules	rule	NOUN
fbem-30807	67	19	remain	remain	VERB
fbem-30807	67	20	highly	highly	ADV
fbem-30807	67	21	barricaded	barricaded	ADJ
fbem-30807	67	22	and	and	CCONJ
fbem-30807	67	23	lack	lack	VERB
fbem-30807	67	24	the	the	DET
fbem-30807	67	25	impetus	impetus	NOUN
fbem-30807	67	26	and	and	CCONJ
fbem-30807	67	27	space	space	NOUN
fbem-30807	67	28	for	for	ADP
fbem-30807	67	29	external	external	ADJ
fbem-30807	67	30	harmonization	harmonization	NOUN
fbem-30807	67	31	.	.	PUNCT
fbem-30807	68	1	finally	finally	ADV
fbem-30807	68	2	,	,	PUNCT
fbem-30807	68	3	the	the	DET
fbem-30807	68	4	rating	rating	NOUN
fbem-30807	68	5	system	system	NOUN
fbem-30807	68	6	is	be	AUX
fbem-30807	68	7	fragmented	fragment	VERB
fbem-30807	68	8	.	.	PUNCT
fbem-30807	69	1	more	more	ADJ
fbem-30807	69	2	than	than	ADP
fbem-30807	69	3	600	600	NUM
fbem-30807	69	4	esg	esg	NOUN
fbem-30807	69	5	rating	rating	NOUN
fbem-30807	69	6	agencies	agency	NOUN
fbem-30807	69	7	around	around	ADP
fbem-30807	69	8	the	the	DET
fbem-30807	69	9	world	world	NOUN
fbem-30807	69	10	use	use	VERB
fbem-30807	69	11	more	more	ADJ
fbem-30807	69	12	than	than	ADP
fbem-30807	69	13	1,200	1,200	NUM
fbem-30807	69	14	different	different	ADJ
fbem-30807	69	15	indicators	indicator	NOUN
fbem-30807	69	16	,	,	PUNCT
fbem-30807	69	17	and	and	CCONJ
fbem-30807	69	18	there	there	PRON
fbem-30807	69	19	is	be	VERB
fbem-30807	69	20	no	no	DET
fbem-30807	69	21	uniform	uniform	ADJ
fbem-30807	69	22	rule	rule	NOUN
fbem-30807	69	23	for	for	ADP
fbem-30807	69	24	weight	weight	NOUN
fbem-30807	69	25	allocation	allocation	NOUN
fbem-30807	69	26	,	,	PUNCT
fbem-30807	69	27	which	which	PRON
fbem-30807	69	28	may	may	AUX
fbem-30807	69	29	ultimately	ultimately	ADV
fbem-30807	69	30	lead	lead	VERB
fbem-30807	69	31	to	to	ADP
fbem-30807	69	32	a	a	DET
fbem-30807	69	33	wide	wide	ADJ
fbem-30807	69	34	range	range	NOUN
fbem-30807	69	35	of	of	ADP
fbem-30807	69	36	rating	rating	NOUN
fbem-30807	69	37	results	result	NOUN
fbem-30807	69	38	for	for	ADP
fbem-30807	69	39	the	the	DET
fbem-30807	69	40	same	same	ADJ
fbem-30807	69	41	company	company	NOUN
fbem-30807	69	42	:	:	PUNCT
fbem-30807	69	43	tesla	tesla	PROPN
fbem-30807	69	44	received	receive	VERB
fbem-30807	69	45	a	a	DET
fbem-30807	69	46	"	"	PUNCT
fbem-30807	69	47	bbb	bbb	NOUN
fbem-30807	69	48	"	"	PUNCT
fbem-30807	69	49	(	(	PUNCT
fbem-30807	69	50	below	below	ADP
fbem-30807	69	51	the	the	DET
fbem-30807	69	52	industry	industry	NOUN
fbem-30807	69	53	median	median	NOUN
fbem-30807	69	54	)	)	PUNCT
fbem-30807	69	55	in	in	ADP
fbem-30807	69	56	the	the	DET
fbem-30807	69	57	msci	msci	PROPN
fbem-30807	69	58	esg	esg	PROPN
fbem-30807	69	59	rating	rating	NOUN
fbem-30807	69	60	,	,	PUNCT
fbem-30807	69	61	but	but	CCONJ
fbem-30807	69	62	was	be	AUX
fbem-30807	69	63	categorized	categorize	VERB
fbem-30807	69	64	as	as	ADP
fbem-30807	69	65	"	"	PUNCT
fbem-30807	69	66	high	high	ADJ
fbem-30807	69	67	risk	risk	NOUN
fbem-30807	69	68	"	"	PUNCT
fbem-30807	69	69	in	in	ADP
fbem-30807	69	70	the	the	DET
fbem-30807	69	71	reprisk	reprisk	NOUN
fbem-30807	69	72	rating	rating	NOUN
fbem-30807	69	73	due	due	ADP
fbem-30807	69	74	to	to	ADP
fbem-30807	69	75	the	the	DET
fbem-30807	69	76	"	"	PUNCT
fbem-30807	69	77	data	datum	NOUN
fbem-30807	69	78	privacy	privacy	NOUN
fbem-30807	69	79	controversy	controversy	NOUN
fbem-30807	69	80	"	"	PUNCT
fbem-30807	69	81	,	,	PUNCT
fbem-30807	69	82	while	while	SCONJ
fbem-30807	69	83	robeco	robeco	PROPN
fbem-30807	69	84	sam	sam	PROPN
fbem-30807	69	85	gave	give	VERB
fbem-30807	69	86	it	it	PRON
fbem-30807	69	87	a	a	DET
fbem-30807	69	88	"	"	PUNCT
fbem-30807	69	89	platinum	platinum	NOUN
fbem-30807	69	90	rating	rating	NOUN
fbem-30807	69	91	"	"	PUNCT
fbem-30807	69	92	for	for	ADP
fbem-30807	69	93	its	its	PRON
fbem-30807	69	94	innovation	innovation	NOUN
fbem-30807	69	95	ability	ability	NOUN
fbem-30807	69	96	,	,	PUNCT
fbem-30807	69	97	with	with	ADP
fbem-30807	69	98	a	a	DET
fbem-30807	69	99	divergence	divergence	NOUN
fbem-30807	69	100	rate	rate	NOUN
fbem-30807	69	101	of	of	ADP
fbem-30807	69	102	up	up	ADP
fbem-30807	69	103	to	to	PART
fbem-30807	69	104	10	10	NUM
fbem-30807	69	105	percent	percent	NOUN
fbem-30807	69	106	.	.	PUNCT
fbem-30807	70	1	tesla	tesla	PROPN
fbem-30807	70	2	is	be	AUX
fbem-30807	70	3	rated	rate	VERB
fbem-30807	70	4	"	"	PUNCT
fbem-30807	70	5	bbb	bbb	NOUN
fbem-30807	70	6	"	"	PUNCT
fbem-30807	70	7	by	by	ADP
fbem-30807	70	8	msci	msci	PROPN
fbem-30807	70	9	esg	esg	PROPN
fbem-30807	70	10	(	(	PUNCT
fbem-30807	70	11	below	below	ADP
fbem-30807	70	12	the	the	DET
fbem-30807	70	13	industry	industry	NOUN
fbem-30807	70	14	median	median	NOUN
fbem-30807	70	15	)	)	PUNCT
fbem-30807	70	16	,	,	PUNCT
fbem-30807	70	17	but	but	CCONJ
fbem-30807	70	18	"	"	PUNCT
fbem-30807	70	19	high	high	ADJ
fbem-30807	70	20	risk	risk	NOUN
fbem-30807	70	21	"	"	PUNCT
fbem-30807	70	22	by	by	ADP
fbem-30807	70	23	reprisk	reprisk	NOUN
fbem-30807	70	24	for	for	ADP
fbem-30807	70	25	"	"	PUNCT
fbem-30807	70	26	data	data	NOUN
fbem-30807	70	27	privacy	privacy	NOUN
fbem-30807	70	28	controversy	controversy	NOUN
fbem-30807	70	29	,	,	PUNCT
fbem-30807	70	30	"	"	PUNCT
fbem-30807	70	31	while	while	SCONJ
fbem-30807	70	32	robeco	robeco	PROPN
fbem-30807	70	33	sam	sam	PROPN
fbem-30807	70	34	assigns	assign	VERB
fbem-30807	70	35	it	it	PRON
fbem-30807	70	36	a	a	DET
fbem-30807	70	37	"	"	PUNCT
fbem-30807	70	38	platinum	platinum	NOUN
fbem-30807	70	39	"	"	PUNCT
fbem-30807	70	40	rating	rating	NOUN
fbem-30807	70	41	for	for	ADP
fbem-30807	70	42	innovation	innovation	NOUN
fbem-30807	70	43	,	,	PUNCT
fbem-30807	70	44	a	a	DET
fbem-30807	70	45	67	67	NUM
fbem-30807	70	46	%	%	NOUN
fbem-30807	70	47	divergence	divergence	NOUN
fbem-30807	70	48	.	.	PUNCT
fbem-30807	71	1	from	from	ADP
fbem-30807	71	2	the	the	DET
fbem-30807	71	3	perspective	perspective	NOUN
fbem-30807	71	4	of	of	ADP
fbem-30807	71	5	enforcement	enforcement	NOUN
fbem-30807	71	6	of	of	ADP
fbem-30807	71	7	the	the	DET
fbem-30807	71	8	regulatory	regulatory	ADJ
fbem-30807	71	9	framework	framework	NOUN
fbem-30807	71	10	,	,	PUNCT
fbem-30807	71	11	there	there	PRON
fbem-30807	71	12	are	be	VERB
fbem-30807	71	13	also	also	ADV
fbem-30807	71	14	many	many	ADJ
fbem-30807	71	15	serious	serious	ADJ
fbem-30807	71	16	problems	problem	NOUN
fbem-30807	71	17	.	.	PUNCT
fbem-30807	72	1	while	while	SCONJ
fbem-30807	72	2	mandatory	mandatory	ADJ
fbem-30807	72	3	forensics	forensic	NOUN
fbem-30807	72	4	is	be	AUX
fbem-30807	72	5	an	an	DET
fbem-30807	72	6	important	important	ADJ
fbem-30807	72	7	trend	trend	NOUN
fbem-30807	72	8	in	in	ADP
fbem-30807	72	9	esg	esg	PROPN
fbem-30807	72	10	regulation	regulation	NOUN
fbem-30807	72	11	,	,	PUNCT
fbem-30807	72	12	the	the	DET
fbem-30807	72	13	third	third	ADJ
fbem-30807	72	14	-	-	PUNCT
fbem-30807	72	15	party	party	NOUN
fbem-30807	72	16	forensics	forensic	NOUN
fbem-30807	72	17	rate	rate	NOUN
fbem-30807	72	18	of	of	ADP
fbem-30807	72	19	global	global	ADJ
fbem-30807	72	20	esg	esg	PROPN
fbem-30807	72	21	reports	report	NOUN
fbem-30807	72	22	is	be	AUX
fbem-30807	72	23	less	less	ADJ
fbem-30807	72	24	than	than	ADP
fbem-30807	72	25	30	30	NUM
fbem-30807	72	26	%	%	NOUN
fbem-30807	72	27	,	,	PUNCT
fbem-30807	72	28	and	and	CCONJ
fbem-30807	72	29	the	the	DET
fbem-30807	72	30	lack	lack	NOUN
fbem-30807	72	31	of	of	ADP
fbem-30807	72	32	mandatory	mandatory	ADJ
fbem-30807	72	33	forensics	forensic	NOUN
fbem-30807	72	34	has	have	AUX
fbem-30807	72	35	led	lead	VERB
fbem-30807	72	36	to	to	ADP
fbem-30807	72	37	low	low	ADJ
fbem-30807	72	38	credibility	credibility	NOUN
fbem-30807	72	39	of	of	ADP
fbem-30807	72	40	the	the	DET
fbem-30807	72	41	data	datum	NOUN
fbem-30807	72	42	,	,	PUNCT
fbem-30807	72	43	making	make	VERB
fbem-30807	72	44	regulatory	regulatory	ADJ
fbem-30807	72	45	enforcement	enforcement	NOUN
fbem-30807	72	46	virtually	virtually	ADV
fbem-30807	72	47	non	non	ADJ
fbem-30807	72	48	-	-	ADJ
fbem-30807	72	49	existent	existent	ADJ
fbem-30807	72	50	.	.	PUNCT
fbem-30807	73	1	in	in	ADP
fbem-30807	73	2	addition	addition	NOUN
fbem-30807	73	3	,	,	PUNCT
fbem-30807	73	4	the	the	DET
fbem-30807	73	5	imbalance	imbalance	NOUN
fbem-30807	73	6	of	of	ADP
fbem-30807	73	7	punishment	punishment	NOUN
fbem-30807	73	8	and	and	CCONJ
fbem-30807	73	9	the	the	DET
fbem-30807	73	10	lack	lack	NOUN
fbem-30807	73	11	of	of	ADP
fbem-30807	73	12	uniformity	uniformity	NOUN
fbem-30807	73	13	in	in	ADP
fbem-30807	73	14	punishment	punishment	NOUN
fbem-30807	73	15	standards	standard	NOUN
fbem-30807	73	16	have	have	AUX
fbem-30807	73	17	also	also	ADV
fbem-30807	73	18	led	lead	VERB
fbem-30807	73	19	to	to	ADP
fbem-30807	73	20	a	a	DET
fbem-30807	73	21	significant	significant	ADJ
fbem-30807	73	22	reduction	reduction	NOUN
fbem-30807	73	23	in	in	ADP
fbem-30807	73	24	the	the	DET
fbem-30807	73	25	regulation	regulation	NOUN
fbem-30807	73	26	of	of	ADP
fbem-30807	73	27	greenwashing	greenwashing	NOUN
fbem-30807	73	28	.	.	PUNCT
fbem-30807	74	1	for	for	ADP
fbem-30807	74	2	example	example	NOUN
fbem-30807	74	3	,	,	PUNCT
fbem-30807	74	4	in	in	ADP
fbem-30807	74	5	the	the	DET
fbem-30807	74	6	eu	eu	PROPN
fbem-30807	74	7	,	,	PUNCT
fbem-30807	74	8	greenwashing	greenwashe	VERB
fbem-30807	74	9	companies	company	NOUN
fbem-30807	74	10	can	can	AUX
fbem-30807	74	11	be	be	AUX
fbem-30807	74	12	fined	fine	VERB
fbem-30807	74	13	up	up	ADP
fbem-30807	74	14	to	to	PART
fbem-30807	74	15	4	4	NUM
fbem-30807	74	16	%	%	NOUN
fbem-30807	74	17	of	of	ADP
fbem-30807	74	18	revenue	revenue	NOUN
fbem-30807	74	19	,	,	PUNCT
fbem-30807	74	20	but	but	CCONJ
fbem-30807	74	21	in	in	ADP
fbem-30807	74	22	china	china	PROPN
fbem-30807	74	23	,	,	PUNCT
fbem-30807	74	24	the	the	DET
fbem-30807	74	25	fine	fine	ADJ
fbem-30807	74	26	only	only	ADV
fbem-30807	74	27	accounts	account	VERB
fbem-30807	74	28	for	for	ADP
fbem-30807	74	29	0.03	0.03	NUM
fbem-30807	74	30	%	%	NOUN
fbem-30807	74	31	of	of	ADP
fbem-30807	74	32	revenue	revenue	NOUN
fbem-30807	74	33	,	,	PUNCT
fbem-30807	74	34	so	so	CCONJ
fbem-30807	74	35	the	the	DET
fbem-30807	74	36	cost	cost	NOUN
fbem-30807	74	37	of	of	ADP
fbem-30807	74	38	violating	violate	VERB
fbem-30807	74	39	the	the	DET
fbem-30807	74	40	law	law	NOUN
fbem-30807	74	41	is	be	AUX
fbem-30807	74	42	seriously	seriously	ADV
fbem-30807	74	43	inversely	inversely	ADV
fbem-30807	74	44	proportional	proportional	ADJ
fbem-30807	74	45	to	to	ADP
fbem-30807	74	46	the	the	DET
fbem-30807	74	47	revenue	revenue	NOUN
fbem-30807	74	48	.	.	PUNCT
fbem-30807	75	1	2.2	2.2	NUM
fbem-30807	75	2	.	.	PUNCT
fbem-30807	76	1	the	the	DET
fbem-30807	76	2	design	design	NOUN
fbem-30807	76	3	of	of	ADP
fbem-30807	76	4	legal	legal	ADJ
fbem-30807	76	5	liability	liability	NOUN
fbem-30807	76	6	does	do	AUX
fbem-30807	76	7	not	not	PART
fbem-30807	76	8	allow	allow	VERB
fbem-30807	76	9	for	for	ADP
fbem-30807	76	10	the	the	DET
fbem-30807	76	11	implementation	implementation	NOUN
fbem-30807	76	12	of	of	ADP
fbem-30807	76	13	regulatory	regulatory	ADJ
fbem-30807	76	14	effects	effect	NOUN
fbem-30807	76	15	greenwashing	greenwashe	VERB
fbem-30807	76	16	generally	generally	ADV
fbem-30807	76	17	involves	involve	VERB
fbem-30807	76	18	three	three	NUM
fbem-30807	76	19	types	type	NOUN
fbem-30807	76	20	of	of	ADP
fbem-30807	76	21	liability	liability	NOUN
fbem-30807	76	22	,	,	PUNCT
fbem-30807	76	23	civil	civil	ADJ
fbem-30807	76	24	,	,	PUNCT
fbem-30807	76	25	administrative	administrative	ADJ
fbem-30807	76	26	and	and	CCONJ
fbem-30807	76	27	criminal	criminal	ADJ
fbem-30807	76	28	.	.	PUNCT
fbem-30807	77	1	civil	civil	ADJ
fbem-30807	77	2	liability	liability	NOUN
fbem-30807	77	3	,	,	PUNCT
fbem-30807	77	4	involving	involve	VERB
fbem-30807	77	5	dual	dual	ADJ
fbem-30807	77	6	recourse	recourse	NOUN
fbem-30807	77	7	for	for	ADP
fbem-30807	77	8	consumers	consumer	NOUN
fbem-30807	77	9	and	and	CCONJ
fbem-30807	77	10	investors	investor	NOUN
fbem-30807	77	11	.	.	PUNCT
fbem-30807	78	1	companies	company	NOUN
fbem-30807	78	2	misleading	mislead	VERB
fbem-30807	78	3	consumers	consumer	NOUN
fbem-30807	78	4	through	through	ADP
fbem-30807	78	5	false	false	ADJ
fbem-30807	78	6	environmental	environmental	ADJ
fbem-30807	78	7	statements	statement	NOUN
fbem-30807	78	8	may	may	AUX
fbem-30807	78	9	violate	violate	VERB
fbem-30807	78	10	the	the	DET
fbem-30807	78	11	advertising	advertising	NOUN
fbem-30807	78	12	law	law	NOUN
fbem-30807	78	13	and	and	CCONJ
fbem-30807	78	14	the	the	DET
fbem-30807	78	15	consumer	consumer	NOUN
fbem-30807	78	16	protection	protection	NOUN
fbem-30807	78	17	law	law	NOUN
fbem-30807	78	18	.	.	PUNCT
fbem-30807	79	1	if	if	SCONJ
fbem-30807	79	2	a	a	DET
fbem-30807	79	3	company	company	NOUN
fbem-30807	79	4	discloses	disclose	VERB
fbem-30807	79	5	false	false	ADJ
fbem-30807	79	6	information	information	NOUN
fbem-30807	79	7	about	about	ADP
fbem-30807	79	8	esg	esg	PROPN
fbem-30807	79	9	in	in	ADP
fbem-30807	79	10	the	the	DET
fbem-30807	79	11	securities	security	NOUN
fbem-30807	79	12	market	market	NOUN
fbem-30807	79	13	,	,	PUNCT
fbem-30807	79	14	it	it	PRON
fbem-30807	79	15	may	may	AUX
fbem-30807	79	16	constitute	constitute	VERB
fbem-30807	79	17	securities	security	NOUN
fbem-30807	79	18	misrepresentation	misrepresentation	NOUN
fbem-30807	79	19	liability	liability	NOUN
fbem-30807	79	20	.	.	PUNCT
fbem-30807	80	1	for	for	ADP
fbem-30807	80	2	example	example	NOUN
fbem-30807	80	3	,	,	PUNCT
fbem-30807	80	4	a	a	DET
fbem-30807	80	5	listed	list	VERB
fbem-30807	80	6	company	company	NOUN
fbem-30807	80	7	that	that	PRON
fbem-30807	80	8	conceals	conceal	VERB
fbem-30807	80	9	environmental	environmental	ADJ
fbem-30807	80	10	violations	violation	NOUN
fbem-30807	80	11	or	or	CCONJ
fbem-30807	80	12	fictionalizes	fictionalize	VERB
fbem-30807	80	13	green	green	ADJ
fbem-30807	80	14	performance	performance	NOUN
fbem-30807	80	15	in	in	ADP
fbem-30807	80	16	an	an	DET
fbem-30807	80	17	esg	esg	NOUN
fbem-30807	80	18	report	report	NOUN
fbem-30807	80	19	may	may	AUX
fbem-30807	80	20	trigger	trigger	VERB
fbem-30807	80	21	civil	civil	ADJ
fbem-30807	80	22	damages	damage	NOUN
fbem-30807	80	23	under	under	ADP
fbem-30807	80	24	the	the	DET
fbem-30807	80	25	securities	security	NOUN
fbem-30807	80	26	law	law	NOUN
fbem-30807	80	27	.	.	PUNCT
fbem-30807	81	1	[	[	X
fbem-30807	81	2	4	4	X
fbem-30807	81	3	]	]	PUNCT
fbem-30807	81	4	for	for	ADP
fbem-30807	81	5	example	example	NOUN
fbem-30807	81	6	,	,	PUNCT
fbem-30807	81	7	jiangsu	jiangsu	PROPN
fbem-30807	81	8	huifeng	huifeng	PROPN
fbem-30807	81	9	bio	bio	PROPN
fbem-30807	81	10	was	be	AUX
fbem-30807	81	11	sued	sue	VERB
fbem-30807	81	12	by	by	ADP
fbem-30807	81	13	230	230	NUM
fbem-30807	81	14	investors	investor	NOUN
fbem-30807	81	15	for	for	ADP
fbem-30807	81	16	inaccurate	inaccurate	ADJ
fbem-30807	81	17	disclosure	disclosure	NOUN
fbem-30807	81	18	of	of	ADP
fbem-30807	81	19	environmental	environmental	ADJ
fbem-30807	81	20	information	information	NOUN
fbem-30807	81	21	,	,	PUNCT
fbem-30807	81	22	and	and	CCONJ
fbem-30807	81	23	ultimately	ultimately	ADV
fbem-30807	81	24	paid	pay	VERB
fbem-30807	81	25	compensation	compensation	NOUN
fbem-30807	81	26	of	of	ADP
fbem-30807	81	27	rmb	rmb	PROPN
fbem-30807	81	28	87.19	87.19	NUM
fbem-30807	81	29	million.146	million.146	PROPN
fbem-30807	81	30	the	the	DET
fbem-30807	81	31	sec	sec	PROPN
fbem-30807	81	32	's	's	PART
fbem-30807	81	33	decision	decision	NOUN
fbem-30807	81	34	in	in	ADP
fbem-30807	81	35	the	the	DET
fbem-30807	81	36	case	case	NOUN
fbem-30807	81	37	of	of	ADP
fbem-30807	81	38	valeant	valeant	PROPN
fbem-30807	81	39	bio	bio	PROPN
fbem-30807	81	40	was	be	AUX
fbem-30807	81	41	a	a	DET
fbem-30807	81	42	major	major	ADJ
fbem-30807	81	43	step	step	NOUN
fbem-30807	81	44	forward	forward	ADV
fbem-30807	81	45	.	.	PUNCT
fbem-30807	82	1	the	the	DET
fbem-30807	82	2	u.s	u.s	PROPN
fbem-30807	82	3	.	.	PROPN
fbem-30807	82	4	sec	sec	PROPN
fbem-30807	82	5	found	find	VERB
fbem-30807	82	6	in	in	ADP
fbem-30807	82	7	the	the	DET
fbem-30807	82	8	vale	vale	ADJ
fbem-30807	82	9	case	case	NOUN
fbem-30807	82	10	that	that	SCONJ
fbem-30807	82	11	the	the	DET
fbem-30807	82	12	concealment	concealment	NOUN
fbem-30807	82	13	of	of	ADP
fbem-30807	82	14	tailings	tailing	NOUN
fbem-30807	82	15	dam	dam	NOUN
fbem-30807	82	16	safety	safety	NOUN
fbem-30807	82	17	risks	risk	NOUN
fbem-30807	82	18	constituted	constitute	VERB
fbem-30807	82	19	a	a	DET
fbem-30807	82	20	"	"	PUNCT
fbem-30807	82	21	material	material	ADJ
fbem-30807	82	22	misrepresentation	misrepresentation	NOUN
fbem-30807	82	23	"	"	PUNCT
fbem-30807	82	24	,	,	PUNCT
fbem-30807	82	25	and	and	CCONJ
fbem-30807	82	26	initiated	initiate	VERB
fbem-30807	82	27	cross	cross	ADJ
fbem-30807	82	28	-	-	ADJ
fbem-30807	82	29	border	border	ADJ
fbem-30807	82	30	recourse	recourse	NOUN
fbem-30807	82	31	accordingly	accordingly	ADV
fbem-30807	82	32	.	.	PUNCT
fbem-30807	83	1	in	in	ADP
fbem-30807	83	2	addition	addition	NOUN
fbem-30807	83	3	,	,	PUNCT
fbem-30807	83	4	companies	company	NOUN
fbem-30807	83	5	that	that	PRON
fbem-30807	83	6	violate	violate	VERB
fbem-30807	83	7	environmental	environmental	ADJ
fbem-30807	83	8	commitments	commitment	NOUN
fbem-30807	83	9	in	in	ADP
fbem-30807	83	10	green	green	ADJ
fbem-30807	83	11	bonds	bond	NOUN
fbem-30807	83	12	and	and	CCONJ
fbem-30807	83	13	supply	supply	NOUN
fbem-30807	83	14	chain	chain	NOUN
fbem-30807	83	15	agreements	agreement	NOUN
fbem-30807	83	16	may	may	AUX
fbem-30807	83	17	face	face	VERB
fbem-30807	83	18	litigation	litigation	NOUN
fbem-30807	83	19	for	for	ADP
fbem-30807	83	20	breach	breach	NOUN
fbem-30807	83	21	of	of	ADP
fbem-30807	83	22	contract	contract	NOUN
fbem-30807	83	23	.	.	PUNCT
fbem-30807	84	1	administrative	administrative	ADJ
fbem-30807	84	2	liability	liability	NOUN
fbem-30807	84	3	,	,	PUNCT
fbem-30807	84	4	which	which	PRON
fbem-30807	84	5	involves	involve	VERB
fbem-30807	84	6	multiple	multiple	ADJ
fbem-30807	84	7	controls	control	NOUN
fbem-30807	84	8	and	and	CCONJ
fbem-30807	84	9	penalties	penalty	NOUN
fbem-30807	84	10	by	by	ADP
fbem-30807	84	11	regulators	regulator	NOUN
fbem-30807	84	12	.	.	PUNCT
fbem-30807	85	1	in	in	ADP
fbem-30807	85	2	the	the	DET
fbem-30807	85	3	area	area	NOUN
fbem-30807	85	4	of	of	ADP
fbem-30807	85	5	financial	financial	ADJ
fbem-30807	85	6	regulation	regulation	NOUN
fbem-30807	85	7	,	,	PUNCT
fbem-30807	85	8	greenwash	greenwash	PROPN
fbem-30807	85	9	involving	involve	VERB
fbem-30807	85	10	administrative	administrative	ADJ
fbem-30807	85	11	liability	liability	NOUN
fbem-30807	85	12	includes	include	VERB
fbem-30807	85	13	esg	esg	NOUN
fbem-30807	85	14	investment	investment	NOUN
fbem-30807	85	15	product	product	NOUN
fbem-30807	85	16	misrepresentation	misrepresentation	NOUN
fbem-30807	85	17	,	,	PUNCT
fbem-30807	85	18	such	such	ADJ
fbem-30807	85	19	that	that	SCONJ
fbem-30807	85	20	financial	financial	ADJ
fbem-30807	85	21	institutions	institution	NOUN
fbem-30807	85	22	face	face	VERB
fbem-30807	85	23	securities	security	NOUN
fbem-30807	85	24	regulatory	regulatory	ADJ
fbem-30807	85	25	penalties	penalty	NOUN
fbem-30807	85	26	if	if	SCONJ
fbem-30807	85	27	they	they	PRON
fbem-30807	85	28	exaggerate	exaggerate	VERB
fbem-30807	85	29	esg	esg	NOUN
fbem-30807	85	30	investment	investment	NOUN
fbem-30807	85	31	capabilities	capability	NOUN
fbem-30807	85	32	or	or	CCONJ
fbem-30807	85	33	falsely	falsely	ADV
fbem-30807	85	34	advertise	advertise	VERB
fbem-30807	85	35	product	product	NOUN
fbem-30807	85	36	attributes	attribute	VERB
fbem-30807	85	37	.	.	PUNCT
fbem-30807	86	1	for	for	ADP
fbem-30807	86	2	example	example	NOUN
fbem-30807	86	3	,	,	PUNCT
fbem-30807	86	4	the	the	DET
fbem-30807	86	5	u.s	u.s	PROPN
fbem-30807	86	6	.	.	PROPN
fbem-30807	86	7	sec	sec	PROPN
fbem-30807	86	8	fined	fine	VERB
fbem-30807	86	9	the	the	DET
fbem-30807	86	10	bank	bank	NOUN
fbem-30807	86	11	of	of	ADP
fbem-30807	86	12	new	new	PROPN
fbem-30807	86	13	york	york	PROPN
fbem-30807	86	14	mellon	mellon	PROPN
fbem-30807	86	15	$	$	SYM
fbem-30807	86	16	1.5	1.5	NUM
fbem-30807	86	17	million	million	NUM
fbem-30807	86	18	,	,	PUNCT
fbem-30807	86	19	for	for	ADP
fbem-30807	86	20	claiming	claim	VERB
fbem-30807	86	21	that	that	SCONJ
fbem-30807	86	22	"	"	PUNCT
fbem-30807	86	23	all	all	DET
fbem-30807	86	24	assets	asset	NOUN
fbem-30807	86	25	were	be	AUX
fbem-30807	86	26	analyzed	analyze	VERB
fbem-30807	86	27	for	for	ADP
fbem-30807	86	28	esg	esg	PROPN
fbem-30807	86	29	"	"	PUNCT
fbem-30807	86	30	but	but	CCONJ
fbem-30807	86	31	not	not	PART
fbem-30807	86	32	actually	actually	ADV
fbem-30807	86	33	doing	do	VERB
fbem-30807	86	34	so	so	ADV
fbem-30807	86	35	.	.	PUNCT
fbem-30807	87	1	in	in	ADP
fbem-30807	87	2	addition	addition	NOUN
fbem-30807	87	3	,	,	PUNCT
fbem-30807	87	4	the	the	DET
fbem-30807	87	5	misappropriation	misappropriation	NOUN
fbem-30807	87	6	of	of	ADP
fbem-30807	87	7	green	green	ADJ
fbem-30807	87	8	bond	bond	NOUN
fbem-30807	87	9	funds	fund	NOUN
fbem-30807	87	10	to	to	PART
fbem-30807	87	11	create	create	VERB
fbem-30807	87	12	illegal	illegal	ADJ
fbem-30807	87	13	arbitrage	arbitrage	NOUN
fbem-30807	87	14	can	can	AUX
fbem-30807	87	15	also	also	ADV
fbem-30807	87	16	face	face	VERB
fbem-30807	87	17	regulatory	regulatory	ADJ
fbem-30807	87	18	penalties	penalty	NOUN
fbem-30807	87	19	.	.	PUNCT
fbem-30807	88	1	in	in	ADP
fbem-30807	88	2	addition	addition	NOUN
fbem-30807	88	3	,	,	PUNCT
fbem-30807	88	4	esg	esg	NOUN
fbem-30807	88	5	rating	rating	NOUN
fbem-30807	88	6	manipulation	manipulation	NOUN
fbem-30807	88	7	,	,	PUNCT
fbem-30807	88	8	such	such	ADJ
fbem-30807	88	9	as	as	ADP
fbem-30807	88	10	companies	company	NOUN
fbem-30807	88	11	boosting	boost	VERB
fbem-30807	88	12	their	their	PRON
fbem-30807	88	13	ratings	rating	NOUN
fbem-30807	88	14	through	through	ADP
fbem-30807	88	15	"	"	PUNCT
fbem-30807	88	16	metrics	metric	NOUN
fbem-30807	88	17	arbitrage	arbitrage	NOUN
fbem-30807	88	18	,	,	PUNCT
fbem-30807	88	19	"	"	PUNCT
fbem-30807	88	20	will	will	AUX
fbem-30807	88	21	also	also	ADV
fbem-30807	88	22	be	be	AUX
fbem-30807	88	23	dealt	deal	VERB
fbem-30807	88	24	with	with	ADP
fbem-30807	88	25	severely	severely	ADV
fbem-30807	88	26	by	by	ADP
fbem-30807	88	27	regulators	regulator	NOUN
fbem-30807	88	28	.	.	PUNCT
fbem-30807	89	1	criminal	criminal	ADJ
fbem-30807	89	2	liability	liability	NOUN
fbem-30807	89	3	,	,	PUNCT
fbem-30807	89	4	including	include	VERB
fbem-30807	89	5	corporate	corporate	ADJ
fbem-30807	89	6	liability	liability	NOUN
fbem-30807	89	7	and	and	CCONJ
fbem-30807	89	8	liability	liability	NOUN
fbem-30807	89	9	of	of	ADP
fbem-30807	89	10	corporate	corporate	ADJ
fbem-30807	89	11	members	member	NOUN
fbem-30807	89	12	.	.	PUNCT
fbem-30807	90	1	for	for	ADP
fbem-30807	90	2	example	example	NOUN
fbem-30807	90	3	,	,	PUNCT
fbem-30807	90	4	enterprises	enterprise	NOUN
fbem-30807	90	5	evading	evade	VERB
fbem-30807	90	6	regulation	regulation	NOUN
fbem-30807	90	7	by	by	ADP
fbem-30807	90	8	tampering	tamper	VERB
fbem-30807	90	9	with	with	ADP
fbem-30807	90	10	monitoring	monitor	VERB
fbem-30807	90	11	data	datum	NOUN
fbem-30807	90	12	and	and	CCONJ
fbem-30807	90	13	discharging	discharge	VERB
fbem-30807	90	14	pollutants	pollutant	NOUN
fbem-30807	90	15	clandestinely	clandestinely	ADV
fbem-30807	90	16	may	may	AUX
fbem-30807	90	17	constitute	constitute	VERB
fbem-30807	90	18	the	the	DET
fbem-30807	90	19	crime	crime	NOUN
fbem-30807	90	20	of	of	ADP
fbem-30807	90	21	polluting	pollute	VERB
fbem-30807	90	22	the	the	DET
fbem-30807	90	23	environment	environment	NOUN
fbem-30807	90	24	.	.	PUNCT
fbem-30807	91	1	directors	director	NOUN
fbem-30807	91	2	and	and	CCONJ
fbem-30807	91	3	executives	executive	NOUN
fbem-30807	91	4	may	may	AUX
fbem-30807	91	5	be	be	AUX
fbem-30807	91	6	held	hold	VERB
fbem-30807	91	7	liable	liable	ADJ
fbem-30807	91	8	for	for	ADP
fbem-30807	91	9	breaching	breach	VERB
fbem-30807	91	10	their	their	PRON
fbem-30807	91	11	duty	duty	NOUN
fbem-30807	91	12	of	of	ADP
fbem-30807	91	13	diligence	diligence	NOUN
fbem-30807	91	14	if	if	SCONJ
fbem-30807	91	15	they	they	PRON
fbem-30807	91	16	are	be	AUX
fbem-30807	91	17	involved	involve	VERB
fbem-30807	91	18	in	in	ADP
fbem-30807	91	19	decision	decision	NOUN
fbem-30807	91	20	-	-	PUNCT
fbem-30807	91	21	making	making	NOUN
fbem-30807	91	22	on	on	ADP
fbem-30807	91	23	greenwashing	greenwashe	VERB
fbem-30807	91	24	.	.	PUNCT
fbem-30807	92	1	there	there	PRON
fbem-30807	92	2	are	be	VERB
fbem-30807	92	3	obvious	obvious	ADJ
fbem-30807	92	4	problems	problem	NOUN
fbem-30807	92	5	with	with	ADP
fbem-30807	92	6	the	the	DET
fbem-30807	92	7	current	current	ADJ
fbem-30807	92	8	design	design	NOUN
fbem-30807	92	9	of	of	ADP
fbem-30807	92	10	legal	legal	ADJ
fbem-30807	92	11	liability	liability	NOUN
fbem-30807	92	12	.	.	PUNCT
fbem-30807	93	1	the	the	DET
fbem-30807	93	2	burden	burden	NOUN
fbem-30807	93	3	of	of	ADP
fbem-30807	93	4	proof	proof	NOUN
fbem-30807	93	5	for	for	ADP
fbem-30807	93	6	civil	civil	ADJ
fbem-30807	93	7	damages	damage	NOUN
fbem-30807	93	8	is	be	AUX
fbem-30807	93	9	heavy	heavy	ADJ
fbem-30807	93	10	and	and	CCONJ
fbem-30807	93	11	the	the	DET
fbem-30807	93	12	cost	cost	NOUN
fbem-30807	93	13	of	of	ADP
fbem-30807	93	14	defending	defend	VERB
fbem-30807	93	15	rights	right	NOUN
fbem-30807	93	16	is	be	AUX
fbem-30807	93	17	good	good	ADJ
fbem-30807	93	18	.	.	PUNCT
fbem-30807	94	1	investors	investor	NOUN
fbem-30807	94	2	need	need	VERB
fbem-30807	94	3	to	to	PART
fbem-30807	94	4	prove	prove	VERB
fbem-30807	94	5	that	that	SCONJ
fbem-30807	94	6	"	"	PUNCT
fbem-30807	94	7	green	green	ADJ
fbem-30807	94	8	-	-	PUNCT
fbem-30807	94	9	drifting	drift	VERB
fbem-30807	94	10	behavior	behavior	NOUN
fbem-30807	94	11	directly	directly	ADV
fbem-30807	94	12	caused	cause	VERB
fbem-30807	94	13	the	the	DET
fbem-30807	94	14	loss	loss	NOUN
fbem-30807	94	15	of	of	ADP
fbem-30807	94	16	their	their	PRON
fbem-30807	94	17	investment	investment	NOUN
fbem-30807	94	18	,	,	PUNCT
fbem-30807	94	19	"	"	PUNCT
fbem-30807	94	20	but	but	CCONJ
fbem-30807	94	21	the	the	DET
fbem-30807	94	22	impact	impact	NOUN
fbem-30807	94	23	of	of	ADP
fbem-30807	94	24	esg	esg	PROPN
fbem-30807	94	25	factors	factor	NOUN
fbem-30807	94	26	on	on	ADP
fbem-30807	94	27	share	share	NOUN
fbem-30807	94	28	prices	price	NOUN
fbem-30807	94	29	is	be	AUX
fbem-30807	94	30	difficult	difficult	ADJ
fbem-30807	94	31	to	to	PART
fbem-30807	94	32	quantify	quantify	VERB
fbem-30807	94	33	.	.	PUNCT
fbem-30807	95	1	for	for	ADP
fbem-30807	95	2	example	example	NOUN
fbem-30807	95	3	,	,	PUNCT
fbem-30807	95	4	the	the	DET
fbem-30807	95	5	plaintiffs	plaintiff	NOUN
fbem-30807	95	6	in	in	ADP
fbem-30807	95	7	an	an	DET
fbem-30807	95	8	esg	esg	NOUN
fbem-30807	95	9	fund	fund	NOUN
fbem-30807	95	10	lawsuit	lawsuit	NOUN
fbem-30807	95	11	in	in	ADP
fbem-30807	95	12	the	the	DET
fbem-30807	95	13	united	united	PROPN
fbem-30807	95	14	states	states	PROPN
fbem-30807	95	15	2024	2024	NUM
fbem-30807	95	16	were	be	AUX
fbem-30807	95	17	ultimately	ultimately	ADV
fbem-30807	95	18	forced	force	VERB
fbem-30807	95	19	to	to	PART
fbem-30807	95	20	withdraw	withdraw	VERB
fbem-30807	95	21	their	their	PRON
fbem-30807	95	22	lawsuit	lawsuit	NOUN
fbem-30807	95	23	because	because	SCONJ
fbem-30807	95	24	they	they	PRON
fbem-30807	95	25	were	be	AUX
fbem-30807	95	26	unable	unable	ADJ
fbem-30807	95	27	to	to	PART
fbem-30807	95	28	distinguish	distinguish	VERB
fbem-30807	95	29	between	between	ADP
fbem-30807	95	30	the	the	DET
fbem-30807	95	31	overall	overall	ADJ
fbem-30807	95	32	volatility	volatility	NOUN
fbem-30807	95	33	of	of	ADP
fbem-30807	95	34	the	the	DET
fbem-30807	95	35	market	market	NOUN
fbem-30807	95	36	and	and	CCONJ
fbem-30807	95	37	the	the	DET
fbem-30807	95	38	specific	specific	ADJ
fbem-30807	95	39	impact	impact	NOUN
fbem-30807	95	40	of	of	ADP
fbem-30807	95	41	green	green	ADJ
fbem-30807	95	42	-	-	PUNCT
fbem-30807	95	43	drifting	drift	VERB
fbem-30807	95	44	behavior	behavior	NOUN
fbem-30807	95	45	.	.	PUNCT
fbem-30807	96	1	in	in	ADP
fbem-30807	96	2	addition	addition	NOUN
fbem-30807	96	3	,	,	PUNCT
fbem-30807	96	4	because	because	SCONJ
fbem-30807	96	5	corporate	corporate	ADJ
fbem-30807	96	6	greenwash	greenwash	NOUN
fbem-30807	96	7	is	be	AUX
fbem-30807	96	8	a	a	DET
fbem-30807	96	9	complex	complex	ADJ
fbem-30807	96	10	operation	operation	NOUN
fbem-30807	96	11	,	,	PUNCT
fbem-30807	96	12	it	it	PRON
fbem-30807	96	13	is	be	AUX
fbem-30807	96	14	sometimes	sometimes	ADV
fbem-30807	96	15	difficult	difficult	ADJ
fbem-30807	96	16	for	for	SCONJ
fbem-30807	96	17	individuals	individual	NOUN
fbem-30807	96	18	to	to	PART
fbem-30807	96	19	defend	defend	VERB
fbem-30807	96	20	their	their	PRON
fbem-30807	96	21	rights	right	NOUN
fbem-30807	96	22	,	,	PUNCT
fbem-30807	96	23	and	and	CCONJ
fbem-30807	96	24	the	the	DET
fbem-30807	96	25	lack	lack	NOUN
fbem-30807	96	26	of	of	ADP
fbem-30807	96	27	a	a	DET
fbem-30807	96	28	class	class	NOUN
fbem-30807	96	29	action	action	NOUN
fbem-30807	96	30	mechanism	mechanism	NOUN
fbem-30807	96	31	also	also	ADV
fbem-30807	96	32	makes	make	VERB
fbem-30807	96	33	the	the	DET
fbem-30807	96	34	legal	legal	ADJ
fbem-30807	96	35	responsibility	responsibility	NOUN
fbem-30807	96	36	for	for	ADP
fbem-30807	96	37	esg	esg	PROPN
fbem-30807	96	38	greenwash	greenwash	NOUN
fbem-30807	96	39	lack	lack	NOUN
fbem-30807	96	40	strength	strength	NOUN
fbem-30807	96	41	in	in	ADP
fbem-30807	96	42	the	the	DET
fbem-30807	96	43	pursuit	pursuit	NOUN
fbem-30807	96	44	process	process	NOUN
fbem-30807	96	45	.	.	PUNCT
fbem-30807	97	1	the	the	DET
fbem-30807	97	2	penalty	penalty	NOUN
fbem-30807	97	3	for	for	ADP
fbem-30807	97	4	administrative	administrative	ADJ
fbem-30807	97	5	liability	liability	NOUN
fbem-30807	97	6	is	be	AUX
fbem-30807	97	7	not	not	PART
fbem-30807	97	8	strong	strong	ADJ
fbem-30807	97	9	enough	enough	ADV
fbem-30807	97	10	,	,	PUNCT
fbem-30807	97	11	and	and	CCONJ
fbem-30807	97	12	the	the	DET
fbem-30807	97	13	amount	amount	NOUN
fbem-30807	97	14	of	of	ADP
fbem-30807	97	15	fine	fine	ADJ
fbem-30807	97	16	is	be	AUX
fbem-30807	97	17	far	far	ADV
fbem-30807	97	18	lower	low	ADJ
fbem-30807	97	19	than	than	ADP
fbem-30807	97	20	the	the	DET
fbem-30807	97	21	illegal	illegal	ADJ
fbem-30807	97	22	gain	gain	NOUN
fbem-30807	97	23	,	,	PUNCT
fbem-30807	97	24	for	for	ADP
fbem-30807	97	25	example	example	NOUN
fbem-30807	97	26	,	,	PUNCT
fbem-30807	97	27	the	the	DET
fbem-30807	97	28	eu	eu	PROPN
fbem-30807	97	29	sustainable	sustainable	ADJ
fbem-30807	97	30	financial	financial	ADJ
fbem-30807	97	31	disclosure	disclosure	NOUN
fbem-30807	97	32	regulation	regulation	NOUN
fbem-30807	97	33	(	(	PUNCT
fbem-30807	97	34	sfdr	sfdr	PROPN
fbem-30807	97	35	)	)	PUNCT
fbem-30807	97	36	stipulates	stipulate	VERB
fbem-30807	97	37	that	that	SCONJ
fbem-30807	97	38	the	the	DET
fbem-30807	97	39	penalty	penalty	NOUN
fbem-30807	97	40	amount	amount	NOUN
fbem-30807	97	41	is	be	AUX
fbem-30807	97	42	to	to	PART
fbem-30807	97	43	be	be	AUX
fbem-30807	97	44	carried	carry	VERB
fbem-30807	97	45	out	out	ADP
fbem-30807	97	46	by	by	ADP
fbem-30807	97	47	the	the	DET
fbem-30807	97	48	corresponding	corresponding	ADJ
fbem-30807	97	49	provisions	provision	NOUN
fbem-30807	97	50	of	of	ADP
fbem-30807	97	51	the	the	DET
fbem-30807	97	52	domestic	domestic	ADJ
fbem-30807	97	53	laws	law	NOUN
fbem-30807	97	54	of	of	ADP
fbem-30807	97	55	each	each	DET
fbem-30807	97	56	member	member	NOUN
fbem-30807	97	57	state	state	NOUN
fbem-30807	97	58	,	,	PUNCT
fbem-30807	97	59	and	and	CCONJ
fbem-30807	97	60	in	in	ADP
fbem-30807	97	61	actual	actual	ADJ
fbem-30807	97	62	implementation	implementation	NOUN
fbem-30807	97	63	,	,	PUNCT
fbem-30807	97	64	it	it	PRON
fbem-30807	97	65	is	be	AUX
fbem-30807	97	66	mostly	mostly	ADV
fbem-30807	97	67	0.1%-0.5	0.1%-0.5	NUM
fbem-30807	97	68	%	%	NOUN
fbem-30807	97	69	,	,	PUNCT
fbem-30807	97	70	and	and	CCONJ
fbem-30807	97	71	this	this	DET
fbem-30807	97	72	discounted	discount	VERB
fbem-30807	97	73	penalty	penalty	NOUN
fbem-30807	97	74	makes	make	VERB
fbem-30807	97	75	the	the	DET
fbem-30807	97	76	deterrent	deterrent	NOUN
fbem-30807	97	77	effect	effect	NOUN
fbem-30807	97	78	of	of	ADP
fbem-30807	97	79	administrative	administrative	ADJ
fbem-30807	97	80	liability	liability	NOUN
fbem-30807	97	81	limited	limit	VERB
fbem-30807	97	82	,	,	PUNCT
fbem-30807	97	83	and	and	CCONJ
fbem-30807	97	84	can	can	AUX
fbem-30807	97	85	not	not	PART
fbem-30807	97	86	prevent	prevent	VERB
fbem-30807	97	87	enterprises	enterprise	NOUN
fbem-30807	97	88	from	from	ADP
fbem-30807	97	89	engaging	engage	VERB
fbem-30807	97	90	in	in	ADP
fbem-30807	97	91	the	the	DET
fbem-30807	97	92	bleaching	bleaching	NOUN
fbem-30807	97	93	behavior	behavior	NOUN
fbem-30807	97	94	for	for	ADP
fbem-30807	97	95	the	the	DET
fbem-30807	97	96	sake	sake	NOUN
fbem-30807	97	97	of	of	ADP
fbem-30807	97	98	profit	profit	NOUN
fbem-30807	97	99	.	.	PUNCT
fbem-30807	98	1	[	[	X
fbem-30807	98	2	5	5	X
fbem-30807	98	3	]	]	PUNCT
fbem-30807	98	4	the	the	DET
fbem-30807	98	5	threshold	threshold	NOUN
fbem-30807	98	6	for	for	ADP
fbem-30807	98	7	criminal	criminal	ADJ
fbem-30807	98	8	liability	liability	NOUN
fbem-30807	98	9	is	be	AUX
fbem-30807	98	10	too	too	ADV
fbem-30807	98	11	high	high	ADJ
fbem-30807	98	12	,	,	PUNCT
fbem-30807	98	13	and	and	CCONJ
fbem-30807	98	14	the	the	DET
fbem-30807	98	15	pursuit	pursuit	NOUN
fbem-30807	98	16	of	of	ADP
fbem-30807	98	17	criminal	criminal	ADJ
fbem-30807	98	18	liability	liability	NOUN
fbem-30807	98	19	for	for	ADP
fbem-30807	98	20	individual	individual	ADJ
fbem-30807	98	21	corporate	corporate	ADJ
fbem-30807	98	22	management	management	NOUN
fbem-30807	98	23	is	be	AUX
fbem-30807	98	24	a	a	DET
fbem-30807	98	25	mere	mere	ADJ
fbem-30807	98	26	formality	formality	NOUN
fbem-30807	98	27	.	.	PUNCT
fbem-30807	99	1	globally	globally	ADV
fbem-30807	99	2	,	,	PUNCT
fbem-30807	99	3	there	there	PRON
fbem-30807	99	4	are	be	VERB
fbem-30807	99	5	only	only	ADV
fbem-30807	99	6	a	a	DET
fbem-30807	99	7	handful	handful	NOUN
fbem-30807	99	8	of	of	ADP
fbem-30807	99	9	cases	case	NOUN
fbem-30807	99	10	of	of	ADP
fbem-30807	99	11	criminal	criminal	ADJ
fbem-30807	99	12	liability	liability	NOUN
fbem-30807	99	13	for	for	ADP
fbem-30807	99	14	esg	esg	PROPN
fbem-30807	99	15	greenwash	greenwash	NOUN
fbem-30807	99	16	,	,	PUNCT
fbem-30807	99	17	mainly	mainly	ADV
fbem-30807	99	18	because	because	SCONJ
fbem-30807	99	19	it	it	PRON
fbem-30807	99	20	is	be	AUX
fbem-30807	99	21	difficult	difficult	ADJ
fbem-30807	99	22	to	to	PART
fbem-30807	99	23	criminalize	criminalize	VERB
fbem-30807	99	24	esgrelated	esgrelated	ADJ
fbem-30807	99	25	behaviors	behavior	NOUN
fbem-30807	99	26	in	in	ADP
fbem-30807	99	27	terms	term	NOUN
fbem-30807	99	28	of	of	ADP
fbem-30807	99	29	criminal	criminal	ADJ
fbem-30807	99	30	legislation	legislation	NOUN
fbem-30807	99	31	.	.	PUNCT
fbem-30807	100	1	3	3	X
fbem-30807	100	2	.	.	X
fbem-30807	100	3	directions	direction	NOUN
fbem-30807	100	4	for	for	ADP
fbem-30807	100	5	institutionalization	institutionalization	NOUN
fbem-30807	100	6	to	to	PART
fbem-30807	100	7	address	address	VERB
fbem-30807	100	8	the	the	DET
fbem-30807	100	9	problem	problem	NOUN
fbem-30807	100	10	of	of	ADP
fbem-30807	100	11	greenwash	greenwash	PROPN
fbem-30807	100	12	3.1	3.1	NUM
fbem-30807	100	13	.	.	PUNCT
fbem-30807	101	1	raise	raise	VERB
fbem-30807	101	2	the	the	DET
fbem-30807	101	3	cost	cost	NOUN
fbem-30807	101	4	of	of	ADP
fbem-30807	101	5	violating	violate	VERB
fbem-30807	101	6	the	the	DET
fbem-30807	101	7	law	law	NOUN
fbem-30807	101	8	and	and	CCONJ
fbem-30807	101	9	build	build	VERB
fbem-30807	101	10	a	a	DET
fbem-30807	101	11	pluralistic	pluralistic	ADJ
fbem-30807	101	12	responsibility	responsibility	NOUN
fbem-30807	101	13	system	system	NOUN
fbem-30807	101	14	to	to	PART
fbem-30807	101	15	address	address	VERB
fbem-30807	101	16	the	the	DET
fbem-30807	101	17	problem	problem	NOUN
fbem-30807	101	18	of	of	ADP
fbem-30807	101	19	inadequate	inadequate	ADJ
fbem-30807	101	20	legal	legal	ADJ
fbem-30807	101	21	responsibility	responsibility	NOUN
fbem-30807	101	22	,	,	PUNCT
fbem-30807	101	23	the	the	DET
fbem-30807	101	24	different	different	ADJ
fbem-30807	101	25	types	type	NOUN
fbem-30807	101	26	of	of	ADP
fbem-30807	101	27	legal	legal	ADJ
fbem-30807	101	28	responsibility	responsibility	NOUN
fbem-30807	101	29	should	should	AUX
fbem-30807	101	30	be	be	AUX
fbem-30807	101	31	upgraded	upgrade	VERB
fbem-30807	101	32	,	,	PUNCT
fbem-30807	101	33	and	and	CCONJ
fbem-30807	101	34	a	a	DET
fbem-30807	101	35	hierarchical	hierarchical	ADJ
fbem-30807	101	36	system	system	NOUN
fbem-30807	101	37	of	of	ADP
fbem-30807	101	38	multiple	multiple	ADJ
fbem-30807	101	39	responsibilities	responsibility	NOUN
fbem-30807	101	40	should	should	AUX
fbem-30807	101	41	be	be	AUX
fbem-30807	101	42	constructed	construct	VERB
fbem-30807	101	43	.	.	PUNCT
fbem-30807	102	1	213	213	NUM
fbem-30807	102	2	in	in	ADP
fbem-30807	102	3	terms	term	NOUN
fbem-30807	102	4	of	of	ADP
fbem-30807	102	5	civil	civil	ADJ
fbem-30807	102	6	liability	liability	NOUN
fbem-30807	102	7	,	,	PUNCT
fbem-30807	102	8	conditions	condition	NOUN
fbem-30807	102	9	should	should	AUX
fbem-30807	102	10	be	be	AUX
fbem-30807	102	11	put	put	VERB
fbem-30807	102	12	in	in	ADP
fbem-30807	102	13	place	place	NOUN
fbem-30807	102	14	to	to	PART
fbem-30807	102	15	introduce	introduce	VERB
fbem-30807	102	16	a	a	DET
fbem-30807	102	17	system	system	NOUN
fbem-30807	102	18	of	of	ADP
fbem-30807	102	19	reversal	reversal	NOUN
fbem-30807	102	20	of	of	ADP
fbem-30807	102	21	the	the	DET
fbem-30807	102	22	burden	burden	NOUN
fbem-30807	102	23	of	of	ADP
fbem-30807	102	24	proof	proof	NOUN
fbem-30807	102	25	for	for	ADP
fbem-30807	102	26	enterprises	enterprise	NOUN
fbem-30807	102	27	and	and	CCONJ
fbem-30807	102	28	a	a	DET
fbem-30807	102	29	group	group	NOUN
fbem-30807	102	30	litigation	litigation	NOUN
fbem-30807	102	31	fund	fund	NOUN
fbem-30807	102	32	to	to	PART
fbem-30807	102	33	reduce	reduce	VERB
fbem-30807	102	34	the	the	DET
fbem-30807	102	35	cost	cost	NOUN
fbem-30807	102	36	and	and	CCONJ
fbem-30807	102	37	difficulty	difficulty	NOUN
fbem-30807	102	38	of	of	ADP
fbem-30807	102	39	investors	investor	NOUN
fbem-30807	102	40	in	in	ADP
fbem-30807	102	41	pursuing	pursue	VERB
fbem-30807	102	42	liability	liability	NOUN
fbem-30807	102	43	.	.	PUNCT
fbem-30807	103	1	for	for	ADP
fbem-30807	103	2	example	example	NOUN
fbem-30807	103	3	,	,	PUNCT
fbem-30807	103	4	reference	reference	NOUN
fbem-30807	103	5	can	can	AUX
fbem-30807	103	6	be	be	AUX
fbem-30807	103	7	made	make	VERB
fbem-30807	103	8	to	to	ADP
fbem-30807	103	9	the	the	DET
fbem-30807	103	10	eu	eu	PROPN
fbem-30807	103	11	's	's	PART
fbem-30807	103	12	digital	digital	ADJ
fbem-30807	103	13	marketplace	marketplace	NOUN
fbem-30807	103	14	act	act	NOUN
fbem-30807	103	15	,	,	PUNCT
fbem-30807	103	16	which	which	PRON
fbem-30807	103	17	requires	require	VERB
fbem-30807	103	18	enterprises	enterprise	NOUN
fbem-30807	103	19	to	to	AUX
fbem-30807	103	20	self	self	NOUN
fbem-30807	103	21	-	-	PUNCT
fbem-30807	103	22	certify	certify	VERB
fbem-30807	103	23	the	the	DET
fbem-30807	103	24	authenticity	authenticity	NOUN
fbem-30807	103	25	of	of	ADP
fbem-30807	103	26	esg	esg	PROPN
fbem-30807	103	27	information	information	NOUN
fbem-30807	103	28	;	;	PUNCT
fbem-30807	103	29	an	an	DET
fbem-30807	103	30	"	"	PUNCT
fbem-30807	103	31	investor	investor	NOUN
fbem-30807	103	32	protection	protection	NOUN
fbem-30807	103	33	fund	fund	NOUN
fbem-30807	103	34	"	"	PUNCT
fbem-30807	103	35	can	can	AUX
fbem-30807	103	36	also	also	ADV
fbem-30807	103	37	be	be	AUX
fbem-30807	103	38	piloted	pilot	VERB
fbem-30807	103	39	,	,	PUNCT
fbem-30807	103	40	whereby	whereby	SCONJ
fbem-30807	103	41	the	the	DET
fbem-30807	103	42	regulator	regulator	NOUN
fbem-30807	103	43	advances	advance	VERB
fbem-30807	103	44	litigation	litigation	NOUN
fbem-30807	103	45	costs	cost	NOUN
fbem-30807	103	46	,	,	PUNCT
fbem-30807	103	47	which	which	PRON
fbem-30807	103	48	are	be	AUX
fbem-30807	103	49	deducted	deduct	VERB
fbem-30807	103	50	from	from	ADP
fbem-30807	103	51	the	the	DET
fbem-30807	103	52	compensation	compensation	NOUN
fbem-30807	103	53	payment	payment	NOUN
fbem-30807	103	54	after	after	ADP
fbem-30807	103	55	winning	win	VERB
fbem-30807	103	56	the	the	DET
fbem-30807	103	57	case	case	NOUN
fbem-30807	103	58	.	.	PUNCT
fbem-30807	104	1	in	in	ADP
fbem-30807	104	2	terms	term	NOUN
fbem-30807	104	3	of	of	ADP
fbem-30807	104	4	administrative	administrative	ADJ
fbem-30807	104	5	liability	liability	NOUN
fbem-30807	104	6	,	,	PUNCT
fbem-30807	104	7	the	the	DET
fbem-30807	104	8	upper	upper	ADJ
fbem-30807	104	9	limit	limit	NOUN
fbem-30807	104	10	of	of	ADP
fbem-30807	104	11	monetary	monetary	ADJ
fbem-30807	104	12	penalties	penalty	NOUN
fbem-30807	104	13	should	should	AUX
fbem-30807	104	14	be	be	AUX
fbem-30807	104	15	raised	raise	VERB
fbem-30807	104	16	to	to	PART
fbem-30807	104	17	increase	increase	VERB
fbem-30807	104	18	the	the	DET
fbem-30807	104	19	cost	cost	NOUN
fbem-30807	104	20	of	of	ADP
fbem-30807	104	21	violating	violate	VERB
fbem-30807	104	22	the	the	DET
fbem-30807	104	23	law	law	NOUN
fbem-30807	104	24	.	.	PUNCT
fbem-30807	105	1	for	for	ADP
fbem-30807	105	2	example	example	NOUN
fbem-30807	105	3	,	,	PUNCT
fbem-30807	105	4	reference	reference	NOUN
fbem-30807	105	5	can	can	AUX
fbem-30807	105	6	be	be	AUX
fbem-30807	105	7	made	make	VERB
fbem-30807	105	8	to	to	ADP
fbem-30807	105	9	the	the	DET
fbem-30807	105	10	u.s	u.s	PROPN
fbem-30807	105	11	.	.	PROPN
fbem-30807	105	12	dodd	dodd	PROPN
fbem-30807	105	13	-	-	PUNCT
fbem-30807	105	14	frank	frank	PROPN
fbem-30807	105	15	act	act	PROPN
fbem-30807	105	16	,	,	PUNCT
fbem-30807	105	17	which	which	PRON
fbem-30807	105	18	imposes	impose	VERB
fbem-30807	105	19	a	a	DET
fbem-30807	105	20	fine	fine	NOUN
fbem-30807	105	21	of	of	ADP
fbem-30807	105	22	2	2	NUM
fbem-30807	105	23	-	-	SYM
fbem-30807	105	24	3	3	NUM
fbem-30807	105	25	times	time	NOUN
fbem-30807	105	26	the	the	DET
fbem-30807	105	27	illegal	illegal	ADJ
fbem-30807	105	28	income	income	NOUN
fbem-30807	105	29	for	for	ADP
fbem-30807	105	30	intentional	intentional	ADJ
fbem-30807	105	31	greenwashing	greenwashing	NOUN
fbem-30807	105	32	;	;	PUNCT
fbem-30807	105	33	the	the	DET
fbem-30807	105	34	eu	eu	PROPN
fbem-30807	105	35	can	can	AUX
fbem-30807	105	36	refer	refer	VERB
fbem-30807	105	37	to	to	ADP
fbem-30807	105	38	the	the	DET
fbem-30807	105	39	gdpr	gdpr	PROPN
fbem-30807	105	40	rules	rule	NOUN
fbem-30807	105	41	to	to	PART
fbem-30807	105	42	raise	raise	VERB
fbem-30807	105	43	the	the	DET
fbem-30807	105	44	upper	upper	ADJ
fbem-30807	105	45	limit	limit	NOUN
fbem-30807	105	46	of	of	ADP
fbem-30807	105	47	the	the	DET
fbem-30807	105	48	fine	fine	NOUN
fbem-30807	105	49	to	to	PART
fbem-30807	105	50	4	4	NUM
fbem-30807	105	51	%	%	NOUN
fbem-30807	105	52	of	of	ADP
fbem-30807	105	53	the	the	DET
fbem-30807	105	54	turnover	turnover	NOUN
fbem-30807	105	55	.	.	PUNCT
fbem-30807	106	1	[	[	X
fbem-30807	106	2	6	6	NUM
fbem-30807	106	3	]	]	PUNCT
fbem-30807	106	4	in	in	ADP
fbem-30807	106	5	addition	addition	NOUN
fbem-30807	106	6	,	,	PUNCT
fbem-30807	106	7	a	a	DET
fbem-30807	106	8	dynamic	dynamic	ADJ
fbem-30807	106	9	penalty	penalty	NOUN
fbem-30807	106	10	tracking	tracking	NOUN
fbem-30807	106	11	system	system	NOUN
fbem-30807	106	12	for	for	ADP
fbem-30807	106	13	esg	esg	PROPN
fbem-30807	106	14	greenwash	greenwash	PROPN
fbem-30807	106	15	should	should	AUX
fbem-30807	106	16	be	be	AUX
fbem-30807	106	17	established	establish	VERB
fbem-30807	106	18	.	.	PUNCT
fbem-30807	107	1	for	for	ADP
fbem-30807	107	2	example	example	NOUN
fbem-30807	107	3	,	,	PUNCT
fbem-30807	107	4	the	the	DET
fbem-30807	107	5	u.s	u.s	PROPN
fbem-30807	107	6	.	.	PROPN
fbem-30807	107	7	sec	sec	PROPN
fbem-30807	107	8	pays	pay	VERB
fbem-30807	107	9	constant	constant	ADJ
fbem-30807	107	10	attention	attention	NOUN
fbem-30807	107	11	to	to	ADP
fbem-30807	107	12	the	the	DET
fbem-30807	107	13	esg	esg	NOUN
fbem-30807	107	14	disclosure	disclosure	NOUN
fbem-30807	107	15	of	of	ADP
fbem-30807	107	16	market	market	NOUN
fbem-30807	107	17	participants	participant	NOUN
fbem-30807	107	18	,	,	PUNCT
fbem-30807	107	19	conducts	conduct	VERB
fbem-30807	107	20	timely	timely	ADJ
fbem-30807	107	21	investigations	investigation	NOUN
fbem-30807	107	22	into	into	ADP
fbem-30807	107	23	emerging	emerge	VERB
fbem-30807	107	24	issues	issue	NOUN
fbem-30807	107	25	,	,	PUNCT
fbem-30807	107	26	and	and	CCONJ
fbem-30807	107	27	adopts	adopt	VERB
fbem-30807	107	28	a	a	DET
fbem-30807	107	29	variety	variety	NOUN
fbem-30807	107	30	of	of	ADP
fbem-30807	107	31	penalties	penalty	NOUN
fbem-30807	107	32	,	,	PUNCT
fbem-30807	107	33	including	include	VERB
fbem-30807	107	34	fines	fine	NOUN
fbem-30807	107	35	,	,	PUNCT
fbem-30807	107	36	rectification	rectification	NOUN
fbem-30807	107	37	orders	order	NOUN
fbem-30807	107	38	,	,	PUNCT
fbem-30807	107	39	and	and	CCONJ
fbem-30807	107	40	market	market	NOUN
fbem-30807	107	41	bans	ban	NOUN
fbem-30807	107	42	,	,	PUNCT
fbem-30807	107	43	depending	depend	VERB
fbem-30807	107	44	on	on	ADP
fbem-30807	107	45	the	the	DET
fbem-30807	107	46	severity	severity	NOUN
fbem-30807	107	47	of	of	ADP
fbem-30807	107	48	the	the	DET
fbem-30807	107	49	violation	violation	NOUN
fbem-30807	107	50	.	.	PUNCT
fbem-30807	108	1	at	at	ADP
fbem-30807	108	2	present	present	ADJ
fbem-30807	108	3	,	,	PUNCT
fbem-30807	108	4	the	the	DET
fbem-30807	108	5	dynamic	dynamic	ADJ
fbem-30807	108	6	penalty	penalty	NOUN
fbem-30807	108	7	tracking	tracking	NOUN
fbem-30807	108	8	system	system	NOUN
fbem-30807	108	9	for	for	ADP
fbem-30807	108	10	esg	esg	NOUN
fbem-30807	108	11	bleaching	bleaching	NOUN
fbem-30807	108	12	is	be	AUX
fbem-30807	108	13	still	still	ADV
fbem-30807	108	14	in	in	ADP
fbem-30807	108	15	the	the	DET
fbem-30807	108	16	stage	stage	NOUN
fbem-30807	108	17	of	of	ADP
fbem-30807	108	18	continuous	continuous	ADJ
fbem-30807	108	19	development	development	NOUN
fbem-30807	108	20	and	and	CCONJ
fbem-30807	108	21	improvement	improvement	NOUN
fbem-30807	108	22	globally	globally	ADV
fbem-30807	108	23	.	.	PUNCT
fbem-30807	109	1	in	in	ADP
fbem-30807	109	2	terms	term	NOUN
fbem-30807	109	3	of	of	ADP
fbem-30807	109	4	criminal	criminal	ADJ
fbem-30807	109	5	liability	liability	NOUN
fbem-30807	109	6	,	,	PUNCT
fbem-30807	109	7	after	after	ADP
fbem-30807	109	8	sufficient	sufficient	ADJ
fbem-30807	109	9	argumentation	argumentation	NOUN
fbem-30807	109	10	,	,	PUNCT
fbem-30807	109	11	one	one	PRON
fbem-30807	109	12	can	can	AUX
fbem-30807	109	13	choose	choose	VERB
fbem-30807	109	14	to	to	PART
fbem-30807	109	15	include	include	VERB
fbem-30807	109	16	consideration	consideration	NOUN
fbem-30807	109	17	of	of	ADP
fbem-30807	109	18	esg	esg	NOUN
fbem-30807	109	19	violations	violation	NOUN
fbem-30807	109	20	in	in	ADP
fbem-30807	109	21	certain	certain	ADJ
fbem-30807	109	22	criminal	criminal	ADJ
fbem-30807	109	23	offenses	offense	NOUN
fbem-30807	109	24	and	and	CCONJ
fbem-30807	109	25	clarify	clarify	VERB
fbem-30807	109	26	the	the	DET
fbem-30807	109	27	personal	personal	ADJ
fbem-30807	109	28	liability	liability	NOUN
fbem-30807	109	29	of	of	ADP
fbem-30807	109	30	management	management	NOUN
fbem-30807	109	31	,	,	PUNCT
fbem-30807	109	32	for	for	ADP
fbem-30807	109	33	example	example	NOUN
fbem-30807	109	34	,	,	PUNCT
fbem-30807	109	35	in	in	ADP
fbem-30807	109	36	china	china	PROPN
fbem-30807	109	37	's	's	PART
fbem-30807	109	38	criminal	criminal	ADJ
fbem-30807	109	39	law	law	NOUN
fbem-30807	109	40	,	,	PUNCT
fbem-30807	109	41	appropriate	appropriate	ADJ
fbem-30807	109	42	consideration	consideration	NOUN
fbem-30807	109	43	can	can	AUX
fbem-30807	109	44	be	be	AUX
fbem-30807	109	45	given	give	VERB
fbem-30807	109	46	to	to	ADP
fbem-30807	109	47	whether	whether	SCONJ
fbem-30807	109	48	the	the	DET
fbem-30807	109	49	seriousness	seriousness	NOUN
fbem-30807	109	50	of	of	ADP
fbem-30807	109	51	disclosure	disclosure	NOUN
fbem-30807	109	52	of	of	ADP
fbem-30807	109	53	esg	esg	PROPN
fbem-30807	109	54	violations	violation	NOUN
fbem-30807	109	55	is	be	AUX
fbem-30807	109	56	incriminated	incriminate	VERB
fbem-30807	109	57	in	in	ADP
fbem-30807	109	58	the	the	DET
fbem-30807	109	59	crime	crime	NOUN
fbem-30807	109	60	of	of	ADP
fbem-30807	109	61	violation	violation	NOUN
fbem-30807	109	62	of	of	ADP
fbem-30807	109	63	disclosure	disclosure	NOUN
fbem-30807	109	64	and	and	CCONJ
fbem-30807	109	65	non	non	ADJ
fbem-30807	109	66	-	-	NOUN
fbem-30807	109	67	disclosure	disclosure	NOUN
fbem-30807	109	68	of	of	ADP
fbem-30807	109	69	important	important	ADJ
fbem-30807	109	70	information	information	NOUN
fbem-30807	109	71	.	.	PUNCT
fbem-30807	110	1	3.2	3.2	NUM
fbem-30807	110	2	.	.	PUNCT
fbem-30807	111	1	build	build	VERB
fbem-30807	111	2	cross	cross	ADJ
fbem-30807	111	3	-	-	ADJ
fbem-30807	111	4	border	border	ADJ
fbem-30807	111	5	accountability	accountability	NOUN
fbem-30807	111	6	mechanisms	mechanism	NOUN
fbem-30807	111	7	to	to	PART
fbem-30807	111	8	further	far	ADV
fbem-30807	111	9	harmonize	harmonize	VERB
fbem-30807	111	10	regulatory	regulatory	ADJ
fbem-30807	111	11	frameworks	framework	NOUN
fbem-30807	111	12	for	for	ADP
fbem-30807	111	13	global	global	ADJ
fbem-30807	111	14	collaboration	collaboration	NOUN
fbem-30807	111	15	efforts	effort	NOUN
fbem-30807	111	16	should	should	AUX
fbem-30807	111	17	be	be	AUX
fbem-30807	111	18	made	make	VERB
fbem-30807	111	19	to	to	PART
fbem-30807	111	20	build	build	VERB
fbem-30807	111	21	a	a	DET
fbem-30807	111	22	"	"	PUNCT
fbem-30807	111	23	regulatory	regulatory	ADJ
fbem-30807	111	24	arms	arm	NOUN
fbem-30807	111	25	-	-	PUNCT
fbem-30807	111	26	length	length	NOUN
fbem-30807	111	27	"	"	PUNCT
fbem-30807	111	28	collaborative	collaborative	ADJ
fbem-30807	111	29	network	network	NOUN
fbem-30807	111	30	and	and	CCONJ
fbem-30807	111	31	set	set	VERB
fbem-30807	111	32	up	up	ADP
fbem-30807	111	33	a	a	DET
fbem-30807	111	34	cross	cross	ADJ
fbem-30807	111	35	-	-	ADJ
fbem-30807	111	36	border	border	ADJ
fbem-30807	111	37	regulatory	regulatory	ADJ
fbem-30807	111	38	information	information	NOUN
fbem-30807	111	39	-	-	PUNCT
fbem-30807	111	40	sharing	share	VERB
fbem-30807	111	41	platform	platform	NOUN
fbem-30807	111	42	.	.	PUNCT
fbem-30807	112	1	led	lead	VERB
fbem-30807	112	2	by	by	ADP
fbem-30807	112	3	the	the	DET
fbem-30807	112	4	international	international	ADJ
fbem-30807	112	5	organization	organization	NOUN
fbem-30807	112	6	of	of	ADP
fbem-30807	112	7	securities	security	NOUN
fbem-30807	112	8	commissions	commission	NOUN
fbem-30807	112	9	(	(	PUNCT
fbem-30807	112	10	iosco	iosco	NOUN
fbem-30807	112	11	)	)	PUNCT
fbem-30807	112	12	and	and	CCONJ
fbem-30807	112	13	the	the	DET
fbem-30807	112	14	organization	organization	NOUN
fbem-30807	112	15	for	for	ADP
fbem-30807	112	16	economic	economic	ADJ
fbem-30807	112	17	co	co	NOUN
fbem-30807	112	18	-	-	NOUN
fbem-30807	112	19	operation	operation	NOUN
fbem-30807	112	20	and	and	CCONJ
fbem-30807	112	21	development	development	NOUN
fbem-30807	112	22	(	(	PUNCT
fbem-30807	112	23	oecd	oecd	PROPN
fbem-30807	112	24	)	)	PUNCT
fbem-30807	112	25	,	,	PUNCT
fbem-30807	112	26	the	the	DET
fbem-30807	112	27	platform	platform	NOUN
fbem-30807	112	28	should	should	AUX
fbem-30807	112	29	establish	establish	VERB
fbem-30807	112	30	a	a	DET
fbem-30807	112	31	data	datum	NOUN
fbem-30807	112	32	exchange	exchange	NOUN
fbem-30807	112	33	mechanism	mechanism	NOUN
fbem-30807	112	34	among	among	ADP
fbem-30807	112	35	national	national	ADJ
fbem-30807	112	36	regulators	regulator	NOUN
fbem-30807	112	37	,	,	PUNCT
fbem-30807	112	38	allowing	allow	VERB
fbem-30807	112	39	member	member	NOUN
fbem-30807	112	40	states	state	NOUN
fbem-30807	112	41	to	to	PART
fbem-30807	112	42	access	access	VERB
fbem-30807	112	43	esg	esg	PROPN
fbem-30807	112	44	-	-	PUNCT
fbem-30807	112	45	related	relate	VERB
fbem-30807	112	46	books	book	NOUN
fbem-30807	112	47	,	,	PUNCT
fbem-30807	112	48	contracts	contract	NOUN
fbem-30807	112	49	,	,	PUNCT
fbem-30807	112	50	audit	audit	NOUN
fbem-30807	112	51	reports	report	NOUN
fbem-30807	112	52	,	,	PUNCT
fbem-30807	112	53	and	and	CCONJ
fbem-30807	112	54	other	other	ADJ
fbem-30807	112	55	documents	document	NOUN
fbem-30807	112	56	of	of	ADP
fbem-30807	112	57	third	third	ADJ
fbem-30807	112	58	-	-	PUNCT
fbem-30807	112	59	country	country	NOUN
fbem-30807	112	60	firms	firm	NOUN
fbem-30807	112	61	(	(	PUNCT
fbem-30807	112	62	subject	subject	ADJ
fbem-30807	112	63	to	to	ADP
fbem-30807	112	64	confidentiality	confidentiality	NOUN
fbem-30807	112	65	agreements	agreement	NOUN
fbem-30807	112	66	)	)	PUNCT
fbem-30807	112	67	.	.	PUNCT
fbem-30807	113	1	for	for	ADP
fbem-30807	113	2	example	example	NOUN
fbem-30807	113	3	,	,	PUNCT
fbem-30807	113	4	eu	eu	PROPN
fbem-30807	113	5	regulators	regulator	NOUN
fbem-30807	113	6	can	can	AUX
fbem-30807	113	7	use	use	VERB
fbem-30807	113	8	the	the	DET
fbem-30807	113	9	platform	platform	NOUN
fbem-30807	113	10	to	to	PART
fbem-30807	113	11	access	access	VERB
fbem-30807	113	12	the	the	DET
fbem-30807	113	13	carbon	carbon	NOUN
fbem-30807	113	14	emissions	emission	NOUN
fbem-30807	113	15	data	datum	NOUN
fbem-30807	113	16	of	of	ADP
fbem-30807	113	17	a	a	DET
fbem-30807	113	18	chinese	chinese	ADJ
fbem-30807	113	19	supplier	supplier	NOUN
fbem-30807	113	20	to	to	PART
fbem-30807	113	21	verify	verify	VERB
fbem-30807	113	22	the	the	DET
fbem-30807	113	23	authenticity	authenticity	NOUN
fbem-30807	113	24	of	of	ADP
fbem-30807	113	25	its	its	PRON
fbem-30807	113	26	esg	esg	PROPN
fbem-30807	113	27	declarations	declaration	NOUN
fbem-30807	113	28	to	to	ADP
fbem-30807	113	29	eu	eu	PROPN
fbem-30807	113	30	customers	customer	NOUN
fbem-30807	113	31	.	.	PUNCT
fbem-30807	114	1	in	in	ADP
fbem-30807	114	2	addition	addition	NOUN
fbem-30807	114	3	,	,	PUNCT
fbem-30807	114	4	in	in	ADP
fbem-30807	114	5	terms	term	NOUN
fbem-30807	114	6	of	of	ADP
fbem-30807	114	7	international	international	ADJ
fbem-30807	114	8	law	law	NOUN
fbem-30807	114	9	enforcement	enforcement	NOUN
fbem-30807	114	10	cooperation	cooperation	NOUN
fbem-30807	114	11	and	and	CCONJ
fbem-30807	114	12	coordination	coordination	NOUN
fbem-30807	114	13	,	,	PUNCT
fbem-30807	114	14	a	a	DET
fbem-30807	114	15	mechanism	mechanism	NOUN
fbem-30807	114	16	for	for	ADP
fbem-30807	114	17	joint	joint	ADJ
fbem-30807	114	18	law	law	NOUN
fbem-30807	114	19	enforcement	enforcement	NOUN
fbem-30807	114	20	and	and	CCONJ
fbem-30807	114	21	mutual	mutual	ADJ
fbem-30807	114	22	recognition	recognition	NOUN
fbem-30807	114	23	of	of	ADP
fbem-30807	114	24	penalties	penalty	NOUN
fbem-30807	114	25	should	should	AUX
fbem-30807	114	26	be	be	AUX
fbem-30807	114	27	constructed	construct	VERB
fbem-30807	114	28	,	,	PUNCT
fbem-30807	114	29	and	and	CCONJ
fbem-30807	114	30	bilateral	bilateral	ADJ
fbem-30807	114	31	or	or	CCONJ
fbem-30807	114	32	multilateral	multilateral	ADJ
fbem-30807	114	33	agreements	agreement	NOUN
fbem-30807	114	34	should	should	AUX
fbem-30807	114	35	be	be	AUX
fbem-30807	114	36	signed	sign	VERB
fbem-30807	114	37	to	to	PART
fbem-30807	114	38	recognize	recognize	VERB
fbem-30807	114	39	the	the	DET
fbem-30807	114	40	legal	legal	ADJ
fbem-30807	114	41	effect	effect	NOUN
fbem-30807	114	42	of	of	ADP
fbem-30807	114	43	the	the	DET
fbem-30807	114	44	penalty	penalty	NOUN
fbem-30807	114	45	decisions	decision	NOUN
fbem-30807	114	46	of	of	ADP
fbem-30807	114	47	other	other	ADJ
fbem-30807	114	48	countries	country	NOUN
fbem-30807	114	49	.	.	PUNCT
fbem-30807	115	1	for	for	ADP
fbem-30807	115	2	example	example	NOUN
fbem-30807	115	3	,	,	PUNCT
fbem-30807	115	4	the	the	DET
fbem-30807	115	5	u.s	u.s	PROPN
fbem-30807	115	6	.	.	PROPN
fbem-30807	115	7	sec	sec	PROPN
fbem-30807	115	8	can	can	AUX
fbem-30807	115	9	directly	directly	ADV
fbem-30807	115	10	enforce	enforce	VERB
fbem-30807	115	11	the	the	DET
fbem-30807	115	12	european	european	PROPN
fbem-30807	115	13	union	union	PROPN
fbem-30807	115	14	's	's	PART
fbem-30807	115	15	greenwash	greenwash	NOUN
fbem-30807	115	16	fines	fine	NOUN
fbem-30807	115	17	against	against	ADP
fbem-30807	115	18	a	a	DET
fbem-30807	115	19	multinational	multinational	ADJ
fbem-30807	115	20	corporation	corporation	NOUN
fbem-30807	115	21	,	,	PUNCT
fbem-30807	115	22	or	or	CCONJ
fbem-30807	115	23	assist	assist	VERB
fbem-30807	115	24	in	in	ADP
fbem-30807	115	25	enforcement	enforcement	NOUN
fbem-30807	115	26	through	through	ADP
fbem-30807	115	27	measures	measure	NOUN
fbem-30807	115	28	such	such	ADJ
fbem-30807	115	29	as	as	ADP
fbem-30807	115	30	asset	asset	NOUN
fbem-30807	115	31	freezing	freezing	NOUN
fbem-30807	115	32	and	and	CCONJ
fbem-30807	115	33	prohibiting	prohibit	VERB
fbem-30807	115	34	market	market	NOUN
fbem-30807	115	35	access	access	NOUN
fbem-30807	115	36	,	,	PUNCT
fbem-30807	115	37	so	so	SCONJ
fbem-30807	115	38	as	as	SCONJ
fbem-30807	115	39	to	to	PART
fbem-30807	115	40	prevent	prevent	VERB
fbem-30807	115	41	enterprises	enterprise	NOUN
fbem-30807	115	42	from	from	ADP
fbem-30807	115	43	utilizing	utilize	VERB
fbem-30807	115	44	jurisdictional	jurisdictional	ADJ
fbem-30807	115	45	loopholes	loophole	NOUN
fbem-30807	115	46	to	to	PART
fbem-30807	115	47	evade	evade	VERB
fbem-30807	115	48	their	their	PRON
fbem-30807	115	49	responsibilities	responsibility	NOUN
fbem-30807	115	50	[	[	X
fbem-30807	115	51	7	7	NUM
fbem-30807	115	52	]	]	PUNCT
fbem-30807	115	53	.	.	PUNCT
fbem-30807	116	1	in	in	ADP
fbem-30807	116	2	addition	addition	NOUN
fbem-30807	116	3	,	,	PUNCT
fbem-30807	116	4	to	to	PART
fbem-30807	116	5	address	address	VERB
fbem-30807	116	6	the	the	DET
fbem-30807	116	7	inconsistencies	inconsistency	NOUN
fbem-30807	116	8	and	and	CCONJ
fbem-30807	116	9	contradictions	contradiction	NOUN
fbem-30807	116	10	in	in	ADP
fbem-30807	116	11	the	the	DET
fbem-30807	116	12	standards	standard	NOUN
fbem-30807	116	13	of	of	ADP
fbem-30807	116	14	regulatory	regulatory	ADJ
fbem-30807	116	15	frameworks	framework	NOUN
fbem-30807	116	16	,	,	PUNCT
fbem-30807	116	17	the	the	DET
fbem-30807	116	18	issb	issb	NOUN
fbem-30807	116	19	guidelines	guideline	NOUN
fbem-30807	116	20	can	can	AUX
fbem-30807	116	21	be	be	AUX
fbem-30807	116	22	promoted	promote	VERB
fbem-30807	116	23	as	as	ADP
fbem-30807	116	24	a	a	DET
fbem-30807	116	25	"	"	PUNCT
fbem-30807	116	26	global	global	ADJ
fbem-30807	116	27	minimum	minimum	ADJ
fbem-30807	116	28	standard	standard	NOUN
fbem-30807	116	29	"	"	PUNCT
fbem-30807	116	30	based	base	VERB
fbem-30807	116	31	on	on	ADP
fbem-30807	116	32	mutual	mutual	ADJ
fbem-30807	116	33	trust	trust	NOUN
fbem-30807	116	34	to	to	PART
fbem-30807	116	35	promote	promote	VERB
fbem-30807	116	36	the	the	DET
fbem-30807	116	37	"	"	PUNCT
fbem-30807	116	38	smallest	small	ADJ
fbem-30807	116	39	common	common	ADJ
fbem-30807	116	40	denominator	denominator	NOUN
fbem-30807	116	41	"	"	PUNCT
fbem-30807	116	42	of	of	ADP
fbem-30807	116	43	consensus	consensus	NOUN
fbem-30807	116	44	among	among	ADP
fbem-30807	116	45	countries	country	NOUN
fbem-30807	116	46	globally	globally	ADV
fbem-30807	116	47	,	,	PUNCT
fbem-30807	116	48	and	and	CCONJ
fbem-30807	116	49	through	through	ADP
fbem-30807	116	50	international	international	ADJ
fbem-30807	116	51	treaties	treaty	NOUN
fbem-30807	116	52	to	to	PART
fbem-30807	116	53	enhance	enhance	VERB
fbem-30807	116	54	the	the	DET
fbem-30807	116	55	binding	bind	VERB
fbem-30807	116	56	nature	nature	NOUN
fbem-30807	116	57	of	of	ADP
fbem-30807	116	58	the	the	DET
fbem-30807	116	59	guidelines	guideline	NOUN
fbem-30807	116	60	and	and	CCONJ
fbem-30807	116	61	emphasize	emphasize	VERB
fbem-30807	116	62	the	the	DET
fbem-30807	116	63	legal	legal	ADJ
fbem-30807	116	64	space	space	NOUN
fbem-30807	116	65	for	for	ADP
fbem-30807	116	66	cooperation	cooperation	NOUN
fbem-30807	116	67	among	among	ADP
fbem-30807	116	68	countries	country	NOUN
fbem-30807	116	69	on	on	ADP
fbem-30807	116	70	this	this	DET
fbem-30807	116	71	basis	basis	NOUN
fbem-30807	116	72	.	.	PUNCT
fbem-30807	117	1	the	the	DET
fbem-30807	117	2	issb	issb	NOUN
fbem-30807	117	3	guidelines	guideline	NOUN
fbem-30807	117	4	can	can	AUX
fbem-30807	117	5	be	be	AUX
fbem-30807	117	6	promoted	promote	VERB
fbem-30807	117	7	as	as	ADP
fbem-30807	117	8	a	a	DET
fbem-30807	117	9	"	"	PUNCT
fbem-30807	117	10	global	global	ADJ
fbem-30807	117	11	minimum	minimum	ADJ
fbem-30807	117	12	standard	standard	NOUN
fbem-30807	117	13	"	"	PUNCT
fbem-30807	117	14	,	,	PUNCT
fbem-30807	117	15	and	and	CCONJ
fbem-30807	117	16	the	the	DET
fbem-30807	117	17	binding	bind	VERB
fbem-30807	117	18	force	force	NOUN
fbem-30807	117	19	of	of	ADP
fbem-30807	117	20	the	the	DET
fbem-30807	117	21	guidelines	guideline	NOUN
fbem-30807	117	22	can	can	AUX
fbem-30807	117	23	be	be	AUX
fbem-30807	117	24	enhanced	enhance	VERB
fbem-30807	117	25	through	through	ADP
fbem-30807	117	26	international	international	ADJ
fbem-30807	117	27	treaties	treaty	NOUN
fbem-30807	117	28	,	,	PUNCT
fbem-30807	117	29	and	and	CCONJ
fbem-30807	117	30	the	the	DET
fbem-30807	117	31	legal	legal	ADJ
fbem-30807	117	32	space	space	NOUN
fbem-30807	117	33	for	for	ADP
fbem-30807	117	34	cooperation	cooperation	NOUN
fbem-30807	117	35	among	among	ADP
fbem-30807	117	36	countries	country	NOUN
fbem-30807	117	37	can	can	AUX
fbem-30807	117	38	be	be	AUX
fbem-30807	117	39	emphasized	emphasize	VERB
fbem-30807	117	40	on	on	ADP
fbem-30807	117	41	this	this	DET
fbem-30807	117	42	basis	basis	NOUN
fbem-30807	117	43	.	.	PUNCT
fbem-30807	118	1	for	for	ADP
fbem-30807	118	2	example	example	NOUN
fbem-30807	118	3	,	,	PUNCT
fbem-30807	118	4	under	under	ADP
fbem-30807	118	5	the	the	DET
fbem-30807	118	6	g20	g20	NOUN
fbem-30807	118	7	,	,	PUNCT
fbem-30807	118	8	apec	apec	PROPN
fbem-30807	118	9	,	,	PUNCT
fbem-30807	118	10	and	and	CCONJ
fbem-30807	118	11	other	other	ADJ
fbem-30807	118	12	frameworks	framework	NOUN
fbem-30807	118	13	,	,	PUNCT
fbem-30807	118	14	countries	country	NOUN
fbem-30807	118	15	can	can	AUX
fbem-30807	118	16	be	be	AUX
fbem-30807	118	17	pushed	push	VERB
fbem-30807	118	18	to	to	PART
fbem-30807	118	19	commit	commit	VERB
fbem-30807	118	20	to	to	ADP
fbem-30807	118	21	adopting	adopt	VERB
fbem-30807	118	22	the	the	DET
fbem-30807	118	23	issb	issb	NOUN
fbem-30807	118	24	guidelines	guideline	NOUN
fbem-30807	118	25	as	as	ADP
fbem-30807	118	26	the	the	DET
fbem-30807	118	27	basis	basis	NOUN
fbem-30807	118	28	of	of	ADP
fbem-30807	118	29	their	their	PRON
fbem-30807	118	30	domestic	domestic	ADJ
fbem-30807	118	31	laws	law	NOUN
fbem-30807	118	32	,	,	PUNCT
fbem-30807	118	33	while	while	SCONJ
fbem-30807	118	34	at	at	ADP
fbem-30807	118	35	the	the	DET
fbem-30807	118	36	same	same	ADJ
fbem-30807	118	37	time	time	NOUN
fbem-30807	118	38	allowing	allow	VERB
fbem-30807	118	39	them	they	PRON
fbem-30807	118	40	to	to	PART
fbem-30807	118	41	add	add	VERB
fbem-30807	118	42	more	more	ADV
fbem-30807	118	43	stringent	stringent	ADJ
fbem-30807	118	44	regional	regional	ADJ
fbem-30807	118	45	rules	rule	NOUN
fbem-30807	118	46	(	(	PUNCT
fbem-30807	118	47	e.g.	e.g.	ADV
fbem-30807	118	48	,	,	PUNCT
fbem-30807	118	49	the	the	DET
fbem-30807	118	50	eu	eu	PROPN
fbem-30807	118	51	's	's	PART
fbem-30807	118	52	csddd	csddd	NOUN
fbem-30807	118	53	,	,	PUNCT
fbem-30807	118	54	china	china	PROPN
fbem-30807	118	55	's	's	PART
fbem-30807	118	56	esg	esg	PROPN
fbem-30807	118	57	guidelines	guideline	NOUN
fbem-30807	118	58	on	on	ADP
fbem-30807	118	59	disclosure	disclosure	NOUN
fbem-30807	118	60	of	of	ADP
fbem-30807	118	61	information	information	NOUN
fbem-30807	118	62	)	)	PUNCT
fbem-30807	118	63	.	.	PUNCT
fbem-30807	119	1	for	for	ADP
fbem-30807	119	2	countries	country	NOUN
fbem-30807	119	3	that	that	PRON
fbem-30807	119	4	do	do	AUX
fbem-30807	119	5	not	not	PART
fbem-30807	119	6	comply	comply	VERB
fbem-30807	119	7	with	with	ADP
fbem-30807	119	8	the	the	DET
fbem-30807	119	9	minimum	minimum	ADJ
fbem-30807	119	10	standards	standard	NOUN
fbem-30807	119	11	,	,	PUNCT
fbem-30807	119	12	economic	economic	ADJ
fbem-30807	119	13	pressure	pressure	NOUN
fbem-30807	119	14	can	can	AUX
fbem-30807	119	15	be	be	AUX
fbem-30807	119	16	exerted	exert	VERB
fbem-30807	119	17	through	through	ADP
fbem-30807	119	18	additional	additional	ADJ
fbem-30807	119	19	clauses	clause	NOUN
fbem-30807	119	20	in	in	ADP
fbem-30807	119	21	trade	trade	NOUN
fbem-30807	119	22	agreements	agreement	NOUN
fbem-30807	119	23	(	(	PUNCT
fbem-30807	119	24	e.g.	e.g.	ADV
fbem-30807	119	25	,	,	PUNCT
fbem-30807	119	26	the	the	DET
fbem-30807	119	27	carbon	carbon	NOUN
fbem-30807	119	28	border	border	NOUN
fbem-30807	119	29	adjustment	adjustment	NOUN
fbem-30807	119	30	mechanism	mechanism	NOUN
fbem-30807	119	31	(	(	PUNCT
fbem-30807	119	32	cbam	cbam	NOUN
fbem-30807	119	33	)	)	PUNCT
fbem-30807	119	34	)	)	PUNCT
fbem-30807	119	35	to	to	PART
fbem-30807	119	36	force	force	VERB
fbem-30807	119	37	them	they	PRON
fbem-30807	119	38	to	to	PART
fbem-30807	119	39	upgrade	upgrade	VERB
fbem-30807	119	40	their	their	PRON
fbem-30807	119	41	.	.	PUNCT
fbem-30807	120	1	references	reference	NOUN
fbem-30807	120	2	[	[	X
fbem-30807	120	3	1	1	NUM
fbem-30807	120	4	]	]	PUNCT
fbem-30807	120	5	https://finance.sina.cn/hy/2024-10-18/detailincsymyt8605681.d.html	https://finance.sina.cn/hy/2024-10-18/detailincsymyt8605681.d.html	NOUN
fbem-30807	120	6	,	,	PUNCT
fbem-30807	120	7	last	last	ADV
fbem-30807	120	8	accessed	access	VERB
fbem-30807	120	9	2025	2025	NUM
fbem-30807	120	10	january	january	PROPN
fbem-30807	120	11	23	23	NUM
fbem-30807	120	12	.	.	PUNCT
fbem-30807	121	1	[	[	X
fbem-30807	121	2	2	2	NUM
fbem-30807	121	3	]	]	PUNCT
fbem-30807	121	4	lingling	lingling	NOUN
fbem-30807	121	5	mao	mao	PROPN
fbem-30807	121	6	,	,	PUNCT
fbem-30807	121	7	challenges	challenge	NOUN
fbem-30807	121	8	and	and	CCONJ
fbem-30807	121	9	target	target	VERB
fbem-30807	121	10	consensus	consensus	NOUN
fbem-30807	121	11	of	of	ADP
fbem-30807	121	12	esg	esg	PROPN
fbem-30807	121	13	localization	localization	NOUN
fbem-30807	121	14	,	,	PUNCT
fbem-30807	121	15	jianghan	jianghan	PROPN
fbem-30807	121	16	forum	forum	PROPN
fbem-30807	121	17	,	,	PUNCT
fbem-30807	121	18	vol	vol	NOUN
fbem-30807	121	19	.	.	PROPN
fbem-30807	121	20	9	9	NUM
fbem-30807	121	21	2024	2024	NUM
fbem-30807	121	22	[	[	X
fbem-30807	121	23	3	3	NUM
fbem-30807	121	24	]	]	X
fbem-30807	121	25	xiong	xiong	PROPN
fbem-30807	121	26	jing	jing	PROPN
fbem-30807	121	27	,	,	PUNCT
fbem-30807	121	28	mandatory	mandatory	ADJ
fbem-30807	121	29	disclosure	disclosure	NOUN
fbem-30807	121	30	of	of	ADP
fbem-30807	121	31	esg	esg	PROPN
fbem-30807	121	32	information	information	NOUN
fbem-30807	121	33	for	for	ADP
fbem-30807	121	34	listed	list	VERB
fbem-30807	121	35	companies	company	NOUN
fbem-30807	121	36	:	:	PUNCT
fbem-30807	121	37	institutional	institutional	ADJ
fbem-30807	121	38	advantages	advantage	NOUN
fbem-30807	121	39	,	,	PUNCT
fbem-30807	121	40	jurisprudential	jurisprudential	ADJ
fbem-30807	121	41	basis	basis	NOUN
fbem-30807	121	42	and	and	CCONJ
fbem-30807	121	43	realization	realization	NOUN
fbem-30807	121	44	path	path	NOUN
fbem-30807	121	45	,	,	PUNCT
fbem-30807	121	46	journal	journal	NOUN
fbem-30807	121	47	of	of	ADP
fbem-30807	121	48	hunan	hunan	PROPN
fbem-30807	121	49	university	university	PROPN
fbem-30807	121	50	(	(	PUNCT
fbem-30807	121	51	social	social	ADJ
fbem-30807	121	52	science	science	NOUN
fbem-30807	121	53	edition	edition	PROPN
fbem-30807	121	54	)	)	PUNCT
fbem-30807	121	55	,	,	PUNCT
fbem-30807	121	56	no	no	INTJ
fbem-30807	121	57	.	.	NOUN
fbem-30807	121	58	3	3	NUM
fbem-30807	121	59	,	,	PUNCT
fbem-30807	121	60	2024	2024	NUM
fbem-30807	121	61	[	[	X
fbem-30807	121	62	4	4	NUM
fbem-30807	121	63	]	]	PUNCT
fbem-30807	121	64	article	article	NOUN
fbem-30807	121	65	85	85	NUM
fbem-30807	121	66	of	of	ADP
fbem-30807	121	67	the	the	DET
fbem-30807	121	68	securities	security	NOUN
fbem-30807	121	69	law	law	NOUN
fbem-30807	121	70	of	of	ADP
fbem-30807	121	71	the	the	DET
fbem-30807	121	72	people	people	NOUN
fbem-30807	121	73	's	's	PART
fbem-30807	121	74	republic	republic	NOUN
fbem-30807	121	75	of	of	ADP
fbem-30807	121	76	china	china	PROPN
fbem-30807	121	77	stipulates	stipulate	VERB
fbem-30807	121	78	that	that	SCONJ
fbem-30807	121	79	if	if	SCONJ
fbem-30807	121	80	the	the	DET
fbem-30807	121	81	information	information	NOUN
fbem-30807	121	82	disclosure	disclosure	NOUN
fbem-30807	121	83	obligor	obligor	VERB
fbem-30807	121	84	fails	fail	VERB
fbem-30807	121	85	to	to	PART
fbem-30807	121	86	disclose	disclose	VERB
fbem-30807	121	87	information	information	NOUN
fbem-30807	121	88	in	in	ADP
fbem-30807	121	89	accordance	accordance	NOUN
fbem-30807	121	90	with	with	ADP
fbem-30807	121	91	the	the	DET
fbem-30807	121	92	regulations	regulation	NOUN
fbem-30807	121	93	,	,	PUNCT
fbem-30807	121	94	or	or	CCONJ
fbem-30807	121	95	if	if	SCONJ
fbem-30807	121	96	there	there	PRON
fbem-30807	121	97	are	be	VERB
fbem-30807	121	98	false	false	ADJ
fbem-30807	121	99	records	record	NOUN
fbem-30807	121	100	,	,	PUNCT
fbem-30807	121	101	misleading	mislead	VERB
fbem-30807	121	102	statements	statement	NOUN
fbem-30807	121	103	or	or	CCONJ
fbem-30807	121	104	material	material	ADJ
fbem-30807	121	105	omissions	omission	NOUN
fbem-30807	121	106	in	in	ADP
fbem-30807	121	107	the	the	DET
fbem-30807	121	108	securities	security	NOUN
fbem-30807	121	109	issuance	issuance	NOUN
fbem-30807	121	110	documents	document	NOUN
fbem-30807	121	111	,	,	PUNCT
fbem-30807	121	112	periodical	periodical	ADJ
fbem-30807	121	113	reports	report	NOUN
fbem-30807	121	114	,	,	PUNCT
fbem-30807	121	115	interim	interim	ADJ
fbem-30807	121	116	reports	report	NOUN
fbem-30807	121	117	and	and	CCONJ
fbem-30807	121	118	other	other	ADJ
fbem-30807	121	119	information	information	NOUN
fbem-30807	121	120	disclosure	disclosure	NOUN
fbem-30807	121	121	materials	material	NOUN
fbem-30807	121	122	,	,	PUNCT
fbem-30807	121	123	resulting	result	VERB
fbem-30807	121	124	in	in	ADP
fbem-30807	121	125	the	the	DET
fbem-30807	121	126	investor	investor	NOUN
fbem-30807	121	127	's	's	PART
fbem-30807	121	128	loss	loss	NOUN
fbem-30807	121	129	in	in	ADP
fbem-30807	121	130	securities	security	NOUN
fbem-30807	121	131	transactions	transaction	NOUN
fbem-30807	121	132	,	,	PUNCT
fbem-30807	121	133	the	the	DET
fbem-30807	121	134	information	information	NOUN
fbem-30807	121	135	disclosure	disclosure	NOUN
fbem-30807	121	136	obligor	obligor	NOUN
fbem-30807	121	137	shall	shall	AUX
fbem-30807	121	138	bear	bear	VERB
fbem-30807	121	139	the	the	DET
fbem-30807	121	140	responsibility	responsibility	NOUN
fbem-30807	121	141	for	for	ADP
fbem-30807	121	142	compensation	compensation	NOUN
fbem-30807	121	143	;	;	PUNCT
fbem-30807	121	144	and	and	CCONJ
fbem-30807	121	145	the	the	DET
fbem-30807	121	146	issuer	issuer	NOUN
fbem-30807	121	147	's	's	PART
fbem-30807	121	148	controlling	control	VERB
fbem-30807	121	149	shareholders	shareholder	NOUN
fbem-30807	121	150	,	,	PUNCT
fbem-30807	121	151	actual	actual	ADJ
fbem-30807	121	152	controllers	controller	NOUN
fbem-30807	121	153	,	,	PUNCT
fbem-30807	121	154	directors	director	NOUN
fbem-30807	121	155	,	,	PUNCT
fbem-30807	121	156	supervisors	supervisor	NOUN
fbem-30807	121	157	,	,	PUNCT
fbem-30807	121	158	senior	senior	ADJ
fbem-30807	121	159	management	management	NOUN
fbem-30807	121	160	and	and	CCONJ
fbem-30807	121	161	other	other	ADJ
fbem-30807	121	162	directly	directly	ADV
fbem-30807	121	163	responsible	responsible	ADJ
fbem-30807	121	164	persons	person	NOUN
fbem-30807	121	165	of	of	ADP
fbem-30807	121	166	the	the	DET
fbem-30807	121	167	issuer	issuer	NOUN
fbem-30807	121	168	,	,	PUNCT
fbem-30807	121	169	as	as	ADV
fbem-30807	121	170	well	well	ADV
fbem-30807	121	171	as	as	ADP
fbem-30807	121	172	the	the	DET
fbem-30807	121	173	sponsor	sponsor	NOUN
fbem-30807	121	174	,	,	PUNCT
fbem-30807	121	175	the	the	DET
fbem-30807	121	176	underwriting	underwriting	NOUN
fbem-30807	121	177	securities	security	NOUN
fbem-30807	121	178	company	company	NOUN
fbem-30807	121	179	and	and	CCONJ
fbem-30807	121	180	its	its	PRON
fbem-30807	121	181	directly	directly	ADV
fbem-30807	121	182	responsible	responsible	ADJ
fbem-30807	121	183	persons	person	NOUN
fbem-30807	121	184	,	,	PUNCT
fbem-30807	121	185	shall	shall	AUX
fbem-30807	121	186	be	be	AUX
fbem-30807	121	187	jointly	jointly	ADV
fbem-30807	121	188	and	and	CCONJ
fbem-30807	121	189	severally	severally	ADV
fbem-30807	121	190	liable	liable	ADJ
fbem-30807	121	191	with	with	ADP
fbem-30807	121	192	the	the	DET
fbem-30807	121	193	issuer	issuer	NOUN
fbem-30807	121	194	,	,	PUNCT
fbem-30807	121	195	unless	unless	SCONJ
fbem-30807	121	196	they	they	PRON
fbem-30807	121	197	can	can	AUX
fbem-30807	121	198	prove	prove	VERB
fbem-30807	121	199	that	that	SCONJ
fbem-30807	121	200	they	they	PRON
fbem-30807	121	201	are	be	AUX
fbem-30807	121	202	not	not	PART
fbem-30807	121	203	at	at	ADP
fbem-30807	121	204	fault	fault	NOUN
fbem-30807	121	205	.	.	PUNCT
fbem-30807	122	1	[	[	X
fbem-30807	122	2	5	5	NUM
fbem-30807	122	3	]	]	PUNCT
fbem-30807	122	4	article	article	NOUN
fbem-30807	122	5	45	45	NUM
fbem-30807	122	6	of	of	ADP
fbem-30807	122	7	the	the	DET
fbem-30807	122	8	sfdr	sfdr	ADJ
fbem-30807	122	9	(	(	PUNCT
fbem-30807	122	10	administrative	administrative	ADJ
fbem-30807	122	11	sanctions	sanction	NOUN
fbem-30807	122	12	)	)	PUNCT
fbem-30807	122	13	only	only	ADV
fbem-30807	122	14	authorizes	authorize	VERB
fbem-30807	122	15	eu	eu	PROPN
fbem-30807	122	16	member	member	PROPN
fbem-30807	122	17	state	state	NOUN
fbem-30807	122	18	regulators	regulator	NOUN
fbem-30807	122	19	to	to	PART
fbem-30807	122	20	impose	impose	VERB
fbem-30807	122	21	administrative	administrative	ADJ
fbem-30807	122	22	sanctions	sanction	NOUN
fbem-30807	122	23	for	for	ADP
fbem-30807	122	24	non	non	ADJ
fbem-30807	122	25	-	-	NOUN
fbem-30807	122	26	compliance	compliance	NOUN
fbem-30807	122	27	,	,	PUNCT
fbem-30807	122	28	but	but	CCONJ
fbem-30807	122	29	does	do	AUX
fbem-30807	122	30	not	not	PART
fbem-30807	122	31	directly	directly	ADV
fbem-30807	122	32	set	set	VERB
fbem-30807	122	33	the	the	DET
fbem-30807	122	34	percentage	percentage	NOUN
fbem-30807	122	35	of	of	ADP
fbem-30807	122	36	fines	fine	NOUN
fbem-30807	122	37	.	.	PUNCT
fbem-30807	123	1	the	the	DET
fbem-30807	123	2	french	french	ADJ
fbem-30807	123	3	amf	amf	PROPN
fbem-30807	123	4	fines	fine	NOUN
fbem-30807	123	5	financial	financial	ADJ
fbem-30807	123	6	institutions	institution	NOUN
fbem-30807	123	7	up	up	ADP
fbem-30807	123	8	to	to	PART
fbem-30807	123	9	€	€	SYM
fbem-30807	123	10	15	15	NUM
fbem-30807	123	11	million	million	NUM
fbem-30807	123	12	or	or	CCONJ
fbem-30807	123	13	1.5	1.5	NUM
fbem-30807	123	14	%	%	NOUN
fbem-30807	123	15	of	of	ADP
fbem-30807	123	16	the	the	DET
fbem-30807	123	17	previous	previous	ADJ
fbem-30807	123	18	year	year	NOUN
fbem-30807	123	19	's	's	PART
fbem-30807	123	20	global	global	ADJ
fbem-30807	123	21	turnover	turnover	NOUN
fbem-30807	123	22	,	,	PUNCT
fbem-30807	123	23	whichever	whichever	PRON
fbem-30807	123	24	is	be	AUX
fbem-30807	123	25	higher	high	ADJ
fbem-30807	123	26	,	,	PUNCT
fbem-30807	123	27	for	for	ADP
fbem-30807	123	28	sfdr	sfdr	ADJ
fbem-30807	123	29	violations	violation	NOUN
fbem-30807	123	30	;	;	PUNCT
fbem-30807	123	31	the	the	DET
fbem-30807	123	32	german	german	ADJ
fbem-30807	123	33	bafin	bafin	NOUN
fbem-30807	123	34	fines	fine	NOUN
fbem-30807	123	35	are	be	AUX
fbem-30807	123	36	capped	cap	VERB
fbem-30807	123	37	at	at	ADP
fbem-30807	123	38	€	€	SYM
fbem-30807	123	39	5	5	NUM
fbem-30807	123	40	million	million	NUM
fbem-30807	123	41	(	(	PUNCT
fbem-30807	123	42	as	as	SCONJ
fbem-30807	123	43	the	the	DET
fbem-30807	123	44	sfdr	sfdr	NOUN
fbem-30807	123	45	does	do	AUX
fbem-30807	123	46	not	not	PART
fbem-30807	123	47	oblige	oblige	VERB
fbem-30807	123	48	member	member	NOUN
fbem-30807	123	49	states	state	NOUN
fbem-30807	123	50	to	to	PART
fbem-30807	123	51	adopt	adopt	VERB
fbem-30807	123	52	a	a	DET
fbem-30807	123	53	turnover	turnover	NOUN
fbem-30807	123	54	ratio	ratio	NOUN
fbem-30807	123	55	)	)	PUNCT
fbem-30807	123	56	.	.	PUNCT
fbem-30807	124	1	[	[	X
fbem-30807	124	2	6	6	NUM
fbem-30807	124	3	]	]	PUNCT
fbem-30807	124	4	in	in	ADP
fbem-30807	124	5	accordance	accordance	NOUN
fbem-30807	124	6	with	with	ADP
fbem-30807	124	7	article	article	NOUN
fbem-30807	124	8	83	83	NUM
fbem-30807	124	9	of	of	ADP
fbem-30807	124	10	the	the	DET
fbem-30807	124	11	general	general	ADJ
fbem-30807	124	12	data	data	PROPN
fbem-30807	124	13	protection	protection	NOUN
fbem-30807	124	14	regulation	regulation	NOUN
fbem-30807	124	15	(	(	PUNCT
fbem-30807	124	16	gdpr	gdpr	NOUN
fbem-30807	124	17	)	)	PUNCT
fbem-30807	124	18	,	,	PUNCT
fbem-30807	124	19	administrative	administrative	ADJ
fbem-30807	124	20	fines	fine	NOUN
fbem-30807	124	21	are	be	AUX
fbem-30807	124	22	divided	divide	VERB
fbem-30807	124	23	into	into	ADP
fbem-30807	124	24	two	two	NUM
fbem-30807	124	25	tiers	tier	NOUN
fbem-30807	124	26	of	of	ADP
fbem-30807	124	27	infringement	infringement	NOUN
fbem-30807	124	28	,	,	PUNCT
fbem-30807	124	29	with	with	ADP
fbem-30807	124	30	clear	clear	ADJ
fbem-30807	124	31	ceilings	ceiling	NOUN
fbem-30807	124	32	linked	link	VERB
fbem-30807	124	33	to	to	ADP
fbem-30807	124	34	the	the	DET
fbem-30807	124	35	company	company	NOUN
fbem-30807	124	36	's	's	PART
fbem-30807	124	37	global	global	ADJ
fbem-30807	124	38	turnover	turnover	NOUN
fbem-30807	124	39	,	,	PUNCT
fbem-30807	124	40	up	up	ADP
fbem-30807	124	41	to	to	ADP
fbem-30807	124	42	a	a	DET
fbem-30807	124	43	maximum	maximum	NOUN
fbem-30807	124	44	of	of	ADP
fbem-30807	124	45	2	2	NUM
fbem-30807	124	46	%	%	NOUN
fbem-30807	124	47	of	of	ADP
fbem-30807	124	48	turnover	turnover	NOUN
fbem-30807	124	49	or	or	CCONJ
fbem-30807	124	50	€	€	SYM
fbem-30807	124	51	10	10	NUM
fbem-30807	124	52	million	million	NUM
fbem-30807	124	53	for	for	ADP
fbem-30807	124	54	a	a	DET
fbem-30807	124	55	tier	tier	NOUN
fbem-30807	124	56	1	1	NUM
fbem-30807	124	57	infringement	infringement	NOUN
fbem-30807	124	58	,	,	PUNCT
fbem-30807	124	59	and	and	CCONJ
fbem-30807	124	60	up	up	ADP
fbem-30807	124	61	to	to	ADP
fbem-30807	124	62	a	a	DET
fbem-30807	124	63	maximum	maximum	NOUN
fbem-30807	124	64	of	of	ADP
fbem-30807	124	65	4	4	NUM
fbem-30807	124	66	%	%	NOUN
fbem-30807	124	67	of	of	ADP
fbem-30807	124	68	turnover	turnover	NOUN
fbem-30807	124	69	or	or	CCONJ
fbem-30807	124	70	€	€	SYM
fbem-30807	124	71	20	20	NUM
fbem-30807	124	72	million	million	NUM
fbem-30807	124	73	for	for	ADP
fbem-30807	124	74	a	a	DET
fbem-30807	124	75	tier	tier	NOUN
fbem-30807	124	76	2	2	NUM
fbem-30807	124	77	infringement	infringement	NOUN
fbem-30807	124	78	.	.	PUNCT
fbem-30807	125	1	[	[	X
fbem-30807	125	2	7	7	X
fbem-30807	125	3	]	]	X
fbem-30807	125	4	peng	peng	PROPN
fbem-30807	125	5	yuchen	yuchen	PROPN
fbem-30807	125	6	,	,	PUNCT
fbem-30807	125	7	jurisprudential	jurisprudential	ADJ
fbem-30807	125	8	evidence	evidence	NOUN
fbem-30807	125	9	and	and	CCONJ
fbem-30807	125	10	rule	rule	VERB
fbem-30807	125	11	construction	construction	NOUN
fbem-30807	125	12	of	of	ADP
fbem-30807	125	13	mandatory	mandatory	ADJ
fbem-30807	125	14	esg	esg	PROPN
fbem-30807	125	15	information	information	NOUN
fbem-30807	125	16	disclosure	disclosure	NOUN
fbem-30807	125	17	system	system	NOUN
fbem-30807	125	18	,	,	PUNCT
fbem-30807	125	19	oriental	oriental	ADJ
fbem-30807	125	20	law	law	NOUN
fbem-30807	125	21	,	,	PUNCT
fbem-30807	125	22	no	no	INTJ
fbem-30807	125	23	.	.	NOUN
fbem-30807	125	24	4	4	NUM
fbem-30807	125	25	,	,	PUNCT
fbem-30807	125	26	2023	2023	NUM