We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into 470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and operating in all major industries. Our principal findings...

Despite the rising number of green finance policies, the origins shaping them remain largely unexamined. Using survival analysis to investigate the factors influencing the adoption of green finance policies, we find that social movement pressure, proxied by fossil fuel divestment, mainly drives...

The sovereign debt crisis indicated that conventional methods of assessing sovereign debt might need to be extended with new information sets. One of this new information sets could be indicators of a sustainability focused national culture based on social, environmental and political issues....

This manuscript presents a case study of EU Paris Aligned Benchmark (PAB) implementation across different asset classes in a Swedish state pension fund AP2. Three significant contributions are made. First, the manuscript introduces a notion of Absolutely Sustainable Investing based on the EU...