Esg Integration And Sri Strategies In The Eu
DOWNLOAD
Download Esg Integration And Sri Strategies In The Eu PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Esg Integration And Sri Strategies In The Eu book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Esg Integration And Sri Strategies In The Eu
DOWNLOAD
Author : Luca Spataro
language : en
Publisher: Springer Nature
Release Date : 2023-10-25
Esg Integration And Sri Strategies In The Eu written by Luca Spataro and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-25 with Business & Economics categories.
This book analyses sustainable finance policies implemented by the European Commission since January 2020. Gathering contributors from a range of European and international universities, it particularly aims to explore how EU strategy on green finance encourages and stimulates socially responsible investments that provide solutions to the challenges of the energy transition. The book provides a comprehensive coverage of economic, financial and legal issues concerning green finance and ESG factor integration in the EU. The first part of the book discusses theoretical and empirical perspectives on socially responsible investments (SRIs) and ESG integration, while the second section focuses specifically on the role of corporate governance in both institutional and private investment spheres. The third part of the book explores valuation and risk, including a discussion of current trends in SRI funding in the new European ESG Regulatory Framework. The final section of the book discusses legal and regulatory issues including an exploration of blue finance and its incorporation into EU financial strategy. This edited collection will be of interest to researchers and policymakers working in green finance, sustainability, energy economics and financial law.
The Performance Of Esg Integration Strategies Development Of An Esg Integration Methodology For Eu Equity Portfolios
DOWNLOAD
Author : Thomas Neuhofer
language : en
Publisher:
Release Date : 2021-09
The Performance Of Esg Integration Strategies Development Of An Esg Integration Methodology For Eu Equity Portfolios written by Thomas Neuhofer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09 with categories.
Master's Thesis from the year 2021 in the subject Business economics - Investment and Finance, grade: 1.0, University of Applied Sciences Nuremberg, language: English, abstract: This thesis seeks to develop a practical SRI strategy for quantitatively integrating financially material ESG factors into E.U. equity portfolios. Specifically, it investigates if portfolios constructed from companies that invest heavily in their material sustainability factors achieve positive alphas. In this context, financially material information on sustainability factors means data whose concealment or misrepresentation may influence the investment decision. The thesis also examines whether positive alphas are achieved with portfolios of companies with low investments in their material sustainability factors. In addition, the study investigated how the level of corporate investments in immaterial and overall sustainability factors influence the risk-adjusted portfolio return. Furthermore, a robustness check of the results was based on the data from two sub-periods and one sub-sample. This study connects Refinitiv ESG and financial data with the Sustainable Accounting Standards Board's (SASB) ESG financial materiality classification for portfolio construction. The study analyzes European risk-factor and market data from the Kenneth R. French Data Library. To assess the portfolios' performance for 2004-2019 the Fama-French 3-factor, Carhart 4-factor, and Fama-French 5-factor models are used. In total, 48 ESG integrated portfolios were constructed and analyzed. Investors in the European Union stock market are increasingly pressured by clients and regulators to consider corporate sustainability factors when making investment decisions. Several studies have shown that sustainable and responsible investment (SRI) strategies offer a solution to this challenge. With SRI, investors can include companies' sustainability factors via environmental, social, and governance (ESG) information in th
Esg And Responsible Institutional Investing Around The World A Critical Review
DOWNLOAD
Author : Pedro Matos
language : en
Publisher: CFA Institute Research Foundation
Release Date : 2020-05-29
Esg And Responsible Institutional Investing Around The World A Critical Review written by Pedro Matos and has been published by CFA Institute Research Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Business & Economics categories.
This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.
Planted Forests In Emerging Economies Best Practices For Sustainable And Responsible Investments
DOWNLOAD
Author : Lucio Brotto
language : en
Publisher: CIFOR
Release Date : 2016-07-16
Planted Forests In Emerging Economies Best Practices For Sustainable And Responsible Investments written by Lucio Brotto and has been published by CIFOR this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-16 with categories.
Investments in industrial-scale planted forests have grown exponentially in recent years and are included into investment portfolios for various reasons (e.g. diversification, risk mitigation, attractive returns). The rapid growth of planted forests may incur negative social and environmental impacts. Thus, investment companies and fund managers are increasingly interested in using sustainable and responsible investment (SRI) tools (e.g. standards, guidelines, and codes of conduct). However, a classification system for SRI tools in the field of planted forests still lacks consensus.
Esg Rating Systems In The Eu Challenges Solutions And Regulatory Standards
DOWNLOAD
Author :
language : en
Publisher: GRIN Verlag
Release Date : 2023-09-27
Esg Rating Systems In The Eu Challenges Solutions And Regulatory Standards written by and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-27 with Business & Economics categories.
Master's Thesis from the year 2023 in the subject Business economics - Miscellaneous, grade: 1,0, University of Leipzig, language: English, abstract: This study comprehensively examines the Environmental, Social, and Governance (ESG) rating ecosystem, a critical pillar of sustainable finance. It dives into the complexities and nuances of this ecosystem, highlighting key challenges including transparency deficits, inconsistent standardization, sector and regional comparability issues, inherent biases, conflicts of interest, and data quality concerns. In response, the thesis introduces an innovative regulatory framework, which uniquely synthesizes the European Securities and Markets Authority's (ESMA) recommendations with novel insights from the research. This comprehensive framework prioritizes improved transparency, promotes a new approach to standardized ESG rating methodologies, and calls for adaptive, regular revisions to regulatory mechanisms. It also addresses the critical need for global harmonization of ESG rating principles and improved data standardization. Importantly, the thesis deftly balances the demand for standardization with the necessity to preserve the diversity and adaptability inherent in ESG rating methodologies. By identifying gaps in the current system and proposing these unique solutions, the thesis adds a significant perspective to academic discourse in sustainable finance. It suggests practical approaches towards a more robust, reliable, and efficient ESG rating ecosystem.
The Evolution Of Sustainable Investments And Finance
DOWNLOAD
Author : Francesco Gangi
language : en
Publisher: Springer Nature
Release Date : 2021-03-19
The Evolution Of Sustainable Investments And Finance written by Francesco Gangi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.
Over the last decade, socially responsible investments (SRIs) have become paramount to both professionals and academics. In the aftermath of the financial crisis of 2007-8, practitioners have become much more involved in new financial models that integrate returns and positive social and environmental impacts. The authors argue that previous irresponsible financial models are anachronistic, and propose a new relationship between stakeholder and shareholder. Starting from the mainstreaming of SRI, this book recovers the social function of banks and the innovative role of crowdfunding and venture capital models. The book offers a unified perspective for firm and funder, making it a timely and invaluable read for scholars and practitioners interested in sustainable development and social impact finance.
Socially Responsible Investment In A Global Environment
DOWNLOAD
Author : Hung-Gay Fung
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Socially Responsible Investment In A Global Environment written by Hung-Gay Fung and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
The authors have done an excellent job explaining the development and practice of Socially Responsible Investment (SRI). Under the recent recognition of Corporate Social Responsibility (CSR) in Asia and its strong emphasis by US and European corporations, this book provides important guidance to students and professionals who are interested in the effects and implications of SRI. This book is truly informative and should be on the reading list of all fund managers and CFOs of international corporations which are serious about CSR. Louis T.W. Cheng, Hong Kong Polytechnic University Individual investors and corporate heads have the responsibility to keep abreast of major changes in the marketplace. Socially responsible investment is one of those changes. Fung, Law and Yau provide, in a single source, a great opportunity to get up to date on an area that will be a force for years to come. I encourage any thoughtful investor or manager to read this book. Thomas Schneeweis, University of Massachusetts Amherst, US Socially responsible investment (SRI) is becoming increasingly popular and can be potentially rewarding to all parties concerned. This book discusses the opportunities, challenges, and practices of SRI in a global financial environment in a consistent and integrated framework of risk management. It also covers a wide variety of environmental, social, and corporate governance (ESG) issues related to various participants, such as values-based retail, institutional investors, corporations, banks, supranational agencies, and non-governmental organizations. Readers are provided with the perspectives of SRI from various players in the financial community from values-based investors to fiduciaries to supranational agencies. The authors analyse the incorporation of ESG issues into investment practices within a regulatory, legal, reputational, and operational risk management framework. Academics, corporate executives, government regulators and policymakers, bankers, and non-governmental organizations involved with sustainable development will find much of interest in this book.
Impact Of Esg Integration On Private Equity Fund Performance Insights From Un Pri Signatories
DOWNLOAD
Author : Lucas Eisenhuth
language : en
Publisher: GRIN Verlag
Release Date : 2024-02-14
Impact Of Esg Integration On Private Equity Fund Performance Insights From Un Pri Signatories written by Lucas Eisenhuth and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-14 with Business & Economics categories.
Master's Thesis from the year 2023 in the subject Economics - Finance, grade: 1,0, University of Frankfurt (Main), language: English, abstract: This study investigates the impact of environmental, social, and governance integration on private equity fund performance, as measured by the UN Principles of Responsible Investment signatory status of the general partner. Using a comprehensive dataset of 3,127 private equity funds from the Preqin database and ESG information from the UN Principles of Responsible Investment directory, I find that funds managed by fund managers who signed the UN Principles of Responsible Investment exhibit a negative association with financial performance. Since the 1980s, the private equity (PE) asset class has developed from an alternative investment niche into a major player in the global financial industry. With assets under management (AuM) growth rates that far outstrip most other asset classes, PE plays an increasingly important role. For example, authors from the Harvard Busi-ness Review expect global PE assets to exceed $11tn in 2026 and state that, already today, around 10,000 PE firms are responsible for 20mn employees in approximately 40,000 portfolio companies. Simultaneously, integrating environmental, social, and governance (ESG) criteria into investment decisions has gained considerable momentum in recent years. Driven by growing awareness of climate change, social ine-qualities, and corporate governance issues, investors increasingly recognize the im-portance of incorporating non-financial factors into their investment analysis and portfo-lio selection. Speaking in numbers, at the beginning of 2020, the total value of sustainable investments across major asset classes in developed markets rose to $35.3tn, representing a growth of 15% between 2018 and 2020. This results in 35.9% of total AuM during this period. The social relevance of the climate challenge and the associated increasing investment in the sustainable transformation of the global economy has thus logically found its way into the academic world. For example, annual academic publications on environmental finance have grown more than 17-fold, from 13 in 2010 to 223 in 2019. Nevertheless, less than 1% of academic litera-ture on PE or venture capital (VC) between 1960 and 2020 deals with sustainability issues.
Sustainable Investing For Institutional Investors
DOWNLOAD
Author : Mirjam Staub-Bisang
language : en
Publisher: John Wiley & Sons
Release Date : 2012-03-15
Sustainable Investing For Institutional Investors written by Mirjam Staub-Bisang and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-15 with Business & Economics categories.
A comprehensive guide to socially responsible investing (SRI) With concerns about climate change increasing among investors, many are looking for opportunities that offer positive social as well as monetary returns. Sustainable Investing for Institutional Investors: Risk, Regulation and Strategies explores the key issues related to "Socially Responsible Investment" (SRI) for institutional investors and trustees, including investment strategies, risk and returns, market data, regulatory frameworks, and more. Looking at all investment classes, including bonds, equities, real estate, commodities, and many others, the book provides an in-depth view of SRI-relevant asset classes to help you decide which is best for you. To better contextualize SRI opportunities and challenges, the book presents 20 case studies involving institutional investors that are currently following a sustainable investment strategy and how they have approached SRI. For business leaders already familiar with or practicing corporate social responsibility and/or environmentally sustainable management, SRI is the next step to turning modern corporations into good citizens, and this book contains everything you need to get started. Provides a comprehensive overview on all aspects of sustainable investing relevant for institutional investors and trustees Explores sustainable investment strategies across all asset classes Includes 20 SRI case studies that show investors at work around the world Features a Foreword by Dr. Klaus Schwab, Executive Chairman of the World Economic Forum Featuring everything you need to understand and benefit from the opportunities presented by environmentally sustainable investing, Sustainable Investing for Institutional Investors is essential reading for individual investors, their advisors, and anyone interested in making profitable, socially conscious investment choices.
Routledge Handbook Of Social And Sustainable Finance
DOWNLOAD
Author : Othmar M. Lehner
language : en
Publisher: Routledge
Release Date : 2016-06-23
Routledge Handbook Of Social And Sustainable Finance written by Othmar M. Lehner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-23 with Business & Economics categories.
Routledge Handbook of Social and Sustainable Finance brings together an international cast of leading authorities to map out and display the disparate voices, traditions and professional communities engaged in social finance activity. With a clear societal or environmental mission, foundations, individual and group investors, as well as public bodies around the world have become increasingly eager to finance and support innovative forms of doing business. Together, founders and established businesses alike are embracing new sustainable business models with a distinct stakeholder approach to tackle social or environmental problems in what they see as a failed economic system in crisis. As a result, the topic of social and sustainable finance is at the forefront of financial economic thought. This Handbook is divided up into three parts. The first, "The Landscape of Social and Sustainable Finance and Investments", comprises of chapters from a multitude of perspectives in an effort to grasp the entirety of the landscape. The second, "Challenges, Suggestions, Critiques and Debates", focuses on areas ranging from sociological underpinnings to critical takes on markets, and the identification of specialized business models. Amongst ethical considerations, topics include the scaling of impact, an analysis of sustainability as risk prevention and comparative analyses of various methods of justification and measurement. In the third and final section, "Markets and Institutions", contributions range from various perspectives on sustainable banking to environmental marketplaces, and finally on to practical cases and country specific observations. This volume is essential reading for both academics and students in economics and finance. It is also of interest to those who study environmental economics, microeconomics and banking.