We use a choice experiment on equity fund investments to estimate the preferences of young adults for sustainable investments relative to conventional investment funds. Our results suggest that the traditional trade-off between investment fund risk and return is still valid in the selection of...

We analyze survey data on ESG beliefs and preferences in a large panel of retail investors linked to administrative data on their investment portfolios. The survey elicits investors' expectations of long-term ESG equity returns and asks about their motivations, if any, to invest in ESG assets....

In the face of the recent financial crisis there is increased focus on long-term investment strategies. This is particularly true for institutional investors who manage our retirement savings. Simultaneously there is increased demand that financial assets be invested with an understanding of...

What is responsible investment? -- Responsible investment is mainstream -- Drivers of responsible investment -- Becoming a responsible investor -- Materiality and megatrends -- Responsible investment approaches -- Responsible investment across different asset classes -- ESG data -- ESG ratings...

Corporate’s ability to create long-term value for stakeholders doesn’t only depend on financial information, but also on integrating non-financial information in the form of Environmental, Social, and Governance (ESG) issues. The financial community is keen on the management of ESG issues by...

In this paper, we expand the literature on multi-criteria portfolio modeling for socially responsible investments using multi-directional efficiency analysis (MEA). We apply a positive screening based on MEA efficiency scores, and also directly exploit the information contained in the efficiency...