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institution (the “sustainability footprint”) and examine the relation between sustainability footprints and risk …-adjusted investment performance. The analysis shows that 13F institutions with better sustainability footprints outperform. The positive … effect of sustainability footprints on the risk-adjusted performance of 13F institutions' equity portfolios is concentrated …
Persistent link: https://www.econbiz.de/10011626640
Sustainable Entrepreneurship (SE) seeks to attain profitability and sustainability goals. A major research gap concerns … the economic attractiveness of SE for entrepreneurs and investors. The question is ambiguous because sustainability … financial loss for backing sustainability-oriented entrepreneurs …
Persistent link: https://www.econbiz.de/10013309733
first part of the article conceptualizes the meaning of sustainability risk and of sustainable investments. Understanding … sustainable markets and products. The second part of this article provides an overview and analysis of key sustainability …-related reforms. Changes to the non-financial information disclosure regime are outlined covering the Corporate Sustainability …
Persistent link: https://www.econbiz.de/10014362165
types of sustainability-related risks, the most obvious example being climate-related risks to the viability and …
Persistent link: https://www.econbiz.de/10014238464
This research report is the result of a partnership between the World Bank Group (WBG) and Government Pension Investment Fund (GPIF) of Japan, initiated by the World Bank Group's President, Jim Yong Kim, and GPIF's Chief Investment Officer, Hiro Mizuno. The aim is for the World Bank and IFC –...
Persistent link: https://www.econbiz.de/10012919700
This handbook in Sustainable Finance corresponds to the lecture notes of the course given at University Paris-Saclay, ENSAE and Sorbonne University. It covers the following chapters: 1. Introduction, 2. ESG Scoring, 3. Financial Performance of ESG Investing, 4. Sustainable Financial Products, 5....
Persistent link: https://www.econbiz.de/10014264602
. Disclosure may soon be vastly improved with finalization of the Sustainability Accounting Standards Board's financially material …
Persistent link: https://www.econbiz.de/10012893049
This paper analyzes the asset pricing and portfolio implications of an important barrier to sustainable investing---uncertainty about the corporate ESG profile. In equilibrium, the market premium increases and demand for stocks declines under ESG uncertainty. In addition, the CAPM alpha and...
Persistent link: https://www.econbiz.de/10013247943
The literature on the relationship between ESG disclosure and economic growth is relatively non-existent. Thus, this paper highlights the importance of taking this relationship into account in current sustainable policies. The main objective of extra-financial Disclosure is to mitigate...
Persistent link: https://www.econbiz.de/10013474500
sustainability regulations with the aim to push the private sector towards sustainable economic activities. In this context, a new … instrument to finance a company's sustainability transition has been developed: the sustainability-linked bond (SLB). This paper … analyzes the SLB market's efficiency in attracting those companies that are most crucial for a successful sustainability …
Persistent link: https://www.econbiz.de/10014285512