Web Scraping Articles (Using )

Source

Installing newspaper3k

In [ ]:
!pip install newspaper3k

Downloading the Article

In [1]:
from newspaper import Article

url = "https://www.economist.com/finance-and-economics/2021/03/27/the-impact-of-green-investors"

article = Article(url)

article.download()

HTML

In [2]:
print(article.html)
<!DOCTYPE html><html lang="en"><head><script>
window.env = {"ENV":"production"};
</script><meta name="viewport" content="width=device-width"/><meta charSet="utf-8"/><title>The impact of green investors | The Economist</title><link rel="shortcut icon" href="/engassets/ico/favicon.f1ea908894.ico" type="image/x-icon"/><link rel="apple-touch-icon" href="/engassets/ico/touch-icon-120x120.f1ea908894.png"/><link rel="apple-touch-icon" sizes="180x180" href="/engassets/ico/touch-icon-180x180.f1ea908894.png"/><link rel="apple-touch-icon" sizes="152x152" href="/engassets/ico/touch-icon-152x152.f1ea908894.png"/><link rel="apple-touch-icon" sizes="167x167" href="/engassets/ico/touch-icon-167x167.f1ea908894.png"/><link rel="manifest" href="/site.webmanifest.KZ7PeyRENI2QK6oo4HA8b.json"/><link href="https://cdn.design-system.economist.com" rel="preconnect"/><link href="https://cdn.design-system.economist.com" rel="preconnect" crossorigin="anonymous"/><meta name="theme-color" content="#E3120B"/><meta name="msapplication-TileColor" content="#E3120B"/><meta name="msapplication-TileImage" content="/engassets/ico/tile-144.f1ea908894.png"/><meta name="application-name" content="The Economist"/><meta name="msapplication-tooltip" content="The Economist"/><link rel="canonical" href="https://www.economist.com/finance-and-economics/2021/03/27/the-impact-of-green-investors"/><meta name="description" content="Sustainable investing faces up to the sceptics | Finance &amp; economics"/><meta name="thumbnail" content="https://www.economist.com/img/b/1280/720/90/sites/default/files/images/print-edition/20210327_FNP001_0.jpg"/><meta property="og:site_name" content="The Economist"/><meta property="og:title" content="The impact of green investors"/><meta property="og:type" content="Article"/><meta property="og:url" content="https://www.economist.com/finance-and-economics/2021/03/27/the-impact-of-green-investors"/><meta property="og:description" content="Sustainable investing faces up to the sceptics | Finance &amp; economics"/><meta property="og:image" content="https://www.economist.com/img/b/1280/720/90/sites/default/files/images/print-edition/20210327_FNP001_0.jpg"/><meta name="twitter:site" content="@TheEconomist"/><meta name="twitter:description" content="Sustainable investing faces up to the sceptics | Finance &amp; economics"/><meta name="twitter:card" content="summary_large_image"/><meta name="twitter:image" content="https://www.economist.com/img/b/1280/720/90/sites/default/files/images/print-edition/20210327_FNP001_0.jpg"/><meta property="fb:app_id" content="193926687345108"/><meta property="fb:pages" content="6013004059,1487031108050752"/><link rel="amphtml" href="https://amp.economist.com/finance-and-economics/2021/03/27/the-impact-of-green-investors"/><script type="application/ld+json">
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800px) 720px, 95vw" alt=""/></div></div><header class="article__header"><h1><span data-test-id="Article Subheadline" class="article__subheadline">Climate change</span><br/><span data-test-id="Article Headline" itemProp="headline" class="article__headline">The impact of green investors</span></h1><p data-test-id="Article Description" itemProp="description" class="article__description">Sustainable investing faces up to the sceptics</p></header><div class="article__section"><strong itemProp="articleSection"><span class="article__section-headline"><a href="/finance-and-economics/">Finance &amp; economics</a></span></strong><a class="article__section-edition" href="/printedition/2021-03-27" data-test-id="Article Datetime"><span>Mar 27th 2021<!-- --> edition</span></a></div><hr class="ds-rule layout-article-header__rule"/><div id="" class="advert right hidden advert--right-rail"><div><div id="econright-r0"></div></div></div></div><div class="ds-layout-grid ds-layout-grid--edged 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4.954L7 25l5.279-1.378a9.987 9.987 0 004.759 1.206h.004c5.488 0 9.956-4.446 9.958-9.91a9.827 9.827 0 00-2.914-7.012" fill="#FFF"></path></g></svg></a></li></ul></div></aside><p data-caps="initial" class="article__body-text article__body-text--dropcap"><span data-caps="initial">S</span><small>USTAINABLE INVESTING</small> is in the firing line, as two recent events have shown. Last week, the board of Danone, a French food-maker, fired its boss, Emmanuel Faber, who had long championed the benefits of stakeholder capitalism and sustainability. Shareholders were unhappy with the firm’s languishing share price.</p><div class="article-audio-player"><figure class="article-audio-player__figure"><figcaption>Listen to this story</figcaption><audio class="react-audio-player " controls="" id="audio-player" preload="none" src="https://www.economist.com/media-assets/audio/078%20Finance%20and%20economics%20-%20Climate%20finance-b123724e3d73930cd3d6b535f1acc8f5.mp3" title="The impact of green investors" controlsList="nodownload"><p>Your browser does not support the &lt;audio&gt; element.</p></audio></figure><p class="article-audio-player__cta">Enjoy more audio and podcasts on<!-- --> <a id="audio-ios-cta" href="https://apps.apple.com/app/apple-store/id1239397626?pt=344884&amp;ct=article%20audio%20player&amp;mt=8" target="_blank" rel="noreferrer">iOS</a> <!-- -->or<!-- --> <a id="audio-android-cta" href="https://play.google.com/store/apps/details?id=com.economist.lamarr&amp;referrer=utm_source%3Darticle%2520audio%2520player" target="_blank" rel="noreferrer">Android</a>.</p></div><p class="article__body-text">The next day <em>USA Today </em>published an opinion piece by Tariq Fancy, a former head of sustainability at BlackRock, the world’s biggest asset manager, which says it puts climate change at the centre of its investment strategy<em>. </em>Mr Fancy called investing that takes into account <small>ESG</small> (environmental, social and governance) factors “little more than marketing hype, <small>PR</small> spin and disingenuous promises”. He pointed to <small>ESG</small> funds which invest in big polluters, such as oil firms. (BlackRock has said it disputes the claims.)</p><p class="article__body-text"><iframe height="188" src="https://embed.acast.com/theeconomistmoneytalks/moneytalks-thenextgeneration"></iframe></p><p class="article__body-text">One argument in defence of holding shares in polluting firms is that it is the only way to engage with a business and make it change. Divestment, the reasoning goes, would only raise polluters’ capital costs, and make spending on carbon-cutting projects less likely. This is the thinking behind Climate Action 100+ (<small>CA</small>100+), a global investor-engagement group. Founded in 2017, it now has 575 members, together holding over $50trn-worth of assets. They include asset owners, such as Japan’s Government Pension Investment Fund, as well as asset managers.</p><p class="article__body-text">So far the <small>CA</small>100+ has mostly asked companies to do three things: set decarbonisation targets, disclose their climate risk and improve governance around those risks. Initially <small>CA</small>100+ investors focused their efforts on the 100 publicly listed firms which were the biggest emitters (hence the 100). Most of them are oil giants, utilities or industrials. It has since added another 60 or so firms (hence the “+”). This week it announced a set of criteria, such as green capital spending, which it will use to judge the progress of the firms.</p><p class="article__body-text">The <small>CA</small>100+ has notched up some successes. In February Shell, an Anglo-Dutch oil company, announced that it will reduce the emissions from its operations and all its products to net zero by 2050. The <small>CA</small>100+ claimed much credit for that, as it did for similar pledges made by <small>BP</small> and Total, two other oil groups.</p><p class="article__body-text"><iframe height="360" src="https://www.youtube.com/embed/7vOwjNTDwBE?enablejsapi=1"></iframe></p><p class="article__body-text">But it is hard to separate the impact of <small>CA</small>100+ from changes that would have happened anyway. Green corporate pledges are coming thick and fast. Since 2018, the number of firms that have signed up to set emission goals in accordance with the Science-Based Targets Initiative (<small>SBT</small>i), a consortium of <small>NGO</small>s which ensure firms’ green commitments are rigorous, has increased from 216 to over 1250 today. Meanwhile, firms committed to reporting data along the lines of the recommendations of the Task Force on Climate-related Financial Disclosures (<small>TCFD</small>), a climate-risk reporting standard favoured by regulators and investors, have grown from 580 to 1,884.</p><div id="" class="advert incontent hidden advert--inline"><div><div id="econ-1"></div></div></div><p class="article__body-text">To measure the actual effect of the <small>CA</small>100+, <em>The Economist</em> has created a portfolio of about 100 firms that are large emitters but are not engaged by the investor group. The portfolio roughly matches the <small>CA</small>100+ firms in terms of sectors and regions represented. Judged by two criteria, climate-risk disclosure and target setting, the impact of <small>CA</small>100+ looks modest. About 30% of <small>CA</small>100+ firms have joined the <small>SBT</small>i, compared to around 25% in our portfolio. And roughly 40% of <small>CA</small>100+ firms have signed up for <small>TCFD</small>, compared to about 30% in the control group.</p><p class="article__body-text">In both groups, the firms that set a green goal tend to be the small polluters. Among <small>CA</small>100+ firms, those which have set targets represent about a third of the market value but only a fifth of the carbon footprint. By contrast almost half of the <small>CA</small>100+ consumer-goods firms, such as Unilever and Procter &amp; Gamble, have set targets.</p><p class="article__body-text">Advocates of <small>CA</small>100+ say it will take more time for the benefits of the group to show. The group has set an example to the wider market, argues Stephanie Pfeifer, of <small>CA</small>100+ and some firms outside the group’s focus will have seen the pressure from <small>CA</small>100+ and started acting. Still, $50trn-worth of investor pressing does not seem to result in much change. <span data-ornament="ufinish">■</span></p><p class="article__body-text"><em>For more coverage of climate change, register for The Climate Issue, our fortnightly <a href="/theclimateissue/">newsletter</a>, or visit our <a href="/news/2020/04/24/the-economists-coverage-of-climate-change">climate-change hub</a></em></p><p class="article__body-text"><em><strong>Correction (March 26th 2021)</strong>: This article originally described Stephanie Pfeifer as the head of Climate Action 100+. She is in fact on the steering committee. 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Parse Article

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article.parse()

Authors

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article.authors
Out[4]:
['The Economist']

Publish Date

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article.publish_date
Out[5]:
datetime.datetime(2021, 3, 27, 0, 0)

Text

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article.text
Out[6]:
'S USTAINABLE INVESTING is in the firing line, as two recent events have shown. Last week, the board of Danone, a French food-maker, fired its boss, Emmanuel Faber, who had long championed the benefits of stakeholder capitalism and sustainability. Shareholders were unhappy with the firm’s languishing share price.\n\nListen to this story Your browser does not support the <audio> element. Enjoy more audio and podcasts on iOS or Android.\n\nThe next day USA Today published an opinion piece by Tariq Fancy, a former head of sustainability at BlackRock, the world’s biggest asset manager, which says it puts climate change at the centre of its investment strategy. Mr Fancy called investing that takes into account ESG (environmental, social and governance) factors “little more than marketing hype, PR spin and disingenuous promises”. He pointed to ESG funds which invest in big polluters, such as oil firms. (BlackRock has said it disputes the claims.)\n\nOne argument in defence of holding shares in polluting firms is that it is the only way to engage with a business and make it change. Divestment, the reasoning goes, would only raise polluters’ capital costs, and make spending on carbon-cutting projects less likely. This is the thinking behind Climate Action 100+ ( CA 100+), a global investor-engagement group. Founded in 2017, it now has 575 members, together holding over $50trn-worth of assets. They include asset owners, such as Japan’s Government Pension Investment Fund, as well as asset managers.\n\nSo far the CA 100+ has mostly asked companies to do three things: set decarbonisation targets, disclose their climate risk and improve governance around those risks. Initially CA 100+ investors focused their efforts on the 100 publicly listed firms which were the biggest emitters (hence the 100). Most of them are oil giants, utilities or industrials. It has since added another 60 or so firms (hence the “+”). This week it announced a set of criteria, such as green capital spending, which it will use to judge the progress of the firms.\n\nThe CA 100+ has notched up some successes. In February Shell, an Anglo-Dutch oil company, announced that it will reduce the emissions from its operations and all its products to net zero by 2050. The CA 100+ claimed much credit for that, as it did for similar pledges made by BP and Total, two other oil groups.\n\nBut it is hard to separate the impact of CA 100+ from changes that would have happened anyway. Green corporate pledges are coming thick and fast. Since 2018, the number of firms that have signed up to set emission goals in accordance with the Science-Based Targets Initiative ( SBT i), a consortium of NGO s which ensure firms’ green commitments are rigorous, has increased from 216 to over 1250 today. Meanwhile, firms committed to reporting data along the lines of the recommendations of the Task Force on Climate-related Financial Disclosures ( TCFD ), a climate-risk reporting standard favoured by regulators and investors, have grown from 580 to 1,884.\n\nTo measure the actual effect of the CA 100+, The Economist has created a portfolio of about 100 firms that are large emitters but are not engaged by the investor group. The portfolio roughly matches the CA 100+ firms in terms of sectors and regions represented. Judged by two criteria, climate-risk disclosure and target setting, the impact of CA 100+ looks modest. About 30% of CA 100+ firms have joined the SBT i, compared to around 25% in our portfolio. And roughly 40% of CA 100+ firms have signed up for TCFD , compared to about 30% in the control group.\n\nIn both groups, the firms that set a green goal tend to be the small polluters. Among CA 100+ firms, those which have set targets represent about a third of the market value but only a fifth of the carbon footprint. By contrast almost half of the CA 100+ consumer-goods firms, such as Unilever and Procter & Gamble, have set targets.\n\nAdvocates of CA 100+ say it will take more time for the benefits of the group to show. The group has set an example to the wider market, argues Stephanie Pfeifer, of CA 100+ and some firms outside the group’s focus will have seen the pressure from CA 100+ and started acting. Still, $50trn-worth of investor pressing does not seem to result in much change. ■\n\nFor more coverage of climate change, register for The Climate Issue, our fortnightly newsletter, or visit our climate-change hub\n\nCorrection (March 26th 2021): This article originally described Stephanie Pfeifer as the head of Climate Action 100+. She is in fact on the steering committee. Sorry.'
In [7]:
from IPython.display import Image

url = article.top_image

Image(url= url, width=800, height=200)
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NLP

In [8]:
import nltk

#nltk.download('punkt')

article.nlp()

Keywords

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article.keywords
Out[9]:
['green',
 '100',
 'firms',
 'investors',
 'set',
 'climate',
 'oil',
 'impact',
 'group',
 'change',
 'targets',
 'ca']

Summary

In [10]:
print(article.summary)
Initially CA 100+ investors focused their efforts on the 100 publicly listed firms which were the biggest emitters (hence the 100).
But it is hard to separate the impact of CA 100+ from changes that would have happened anyway.
The portfolio roughly matches the CA 100+ firms in terms of sectors and regions represented.
Judged by two criteria, climate-risk disclosure and target setting, the impact of CA 100+ looks modest.
About 30% of CA 100+ firms have joined the SBT i, compared to around 25% in our portfolio.