Advancing ESG Intelligence: An Expert-level Agent and Comprehensive Benchmark for Sustainable Finance

Environmental, social, and governance (ESG) criteria are essential for evaluating corporate sustainability and ethical performance. However, professional ESG analysis is hindered by data fragmentation across unstructured sources, and existing large language models (LLMs) often struggle with the complex, multi-step workflows required for rigorous auditing. To address these limitations, we introduce ESGAgent, a hierarchical multi-agent system empowered by a specialized toolset, including retrieval augmentation, web search and domain-specific functions, to generate in-depth ESG analysis. Complementing this agentic system, we present a comprehensive three-level benchmark derived from 310 corporate sustainability reports, designed to evaluate capabilities ranging from atomic common-sense questions to the generation of integrated, in-depth analysis. Empirical evaluations demonstrate that ESGAgent outperforms state-of-the-art closed-source LLMs with an average accuracy of 84.15% on atomic question-answering tasks, and excels in professional report generation by integrating rich charts and verifiable references. These findings confirm the diagnostic value of our benchmark, establishing it as a vital testbed for assessing general and advanced agentic capabilities in high-stakes vertical domains.

HyperGraphRAG: Retrieval-Augmented Generation with Hypergraph-Structured Knowledge Representation

While standard Retrieval-Augmented Generation (RAG) based on chunks, GraphRAG structures knowledge as graphs to leverage the relations among entities. However, previous GraphRAG methods are limited by binary relations: one edge in the graph only connects two entities, which cannot well model the n-ary relations among more than two entities that widely exist in reality. To address this limitation, we propose HyperGraphRAG, a novel hypergraph-based RAG method that represents n-ary relational facts via hyperedges, modeling the complicated n-ary relations in the real world. To retrieve and generate over hypergraphs, we introduce a complete pipeline with a hypergraph construction method, a hypergraph retrieval strategy, and a hypergraph-guided generation mechanism. Experiments across medicine, agriculture, computer science, and law demonstrate that HyperGraphRAG outperforms standard RAG and GraphRAG in accuracy and generation quality.

Jointprop: Joint Semi-supervised Learning for Entity and Relation Extraction with Heterogeneous Graph-based Propagation

Semi-supervised learning has been an important approach to address challenges in extracting entities and relations from limited data. However, current semi-supervised works handle the two tasks (i.e., Named Entity Recognition and Relation Extraction) separately and ignore the cross-correlation of entity and relation instances as well as the existence of similar instances across unlabeled data. To alleviate the issues, we propose Jointprop, a Heterogeneous Graph-based Propagation framework for joint semi-supervised entity and relation extraction, which captures the global structure information between individual tasks and exploits interactions within unlabeled data. Specifically, we construct a unified span-based heterogeneous graph from entity and relation candidates and propagate class labels based on confidence scores. We then employ a propagation learning scheme to leverage the affinities between labelled and unlabeled samples. Experiments on benchmark datasets show that our framework outperforms the state-of-the-art semi-supervised approaches on NER and RE tasks. We show that the joint semi-supervised learning of the two tasks benefits from their codependency and validates the importance of utilizing the shared information between unlabeled data.