Millennials and Sustainable Investing

A. Stanley Meiburg Guest Editor Millennials, defined as those born between 1981 and 1996, are entering the years when investing will become a subject of greater and more widespread interest. While as a group, many will still be focusing on securing careers, paying off student debt, raising children, and buying homes. However, some will find themselves inheriting significant resources from …

ESG Risk Factors and Tail-Risk Mitigation

        Zsolt Simon, MSc; PhD candidate Risk and Performance Analyst at Bank J. Safra Sarasin, Switzerland Chiara Legnazzi, PhD Risk and Performance Analyst at Bank J. Safra Sarasin, Switzerland Disclaimer: This article is research in progress representing the opinions of the authors only as per the date of writing and may be changed at any time without notice. Neither the …

Corporate Social Responsibility and Firm Outcomes: Some Intuition on Interpreting Statistical Models

A Comment on “ESG Risk Factors and Tail-Risk Mitigation” E. Mark Curtis, PhD Assistant Professor, Department of Economics, Wake Forest University In recent years there has been a push from investors, activists and consumers to obtain more information on the sustainability practices of the companies in which they invest and from whom they purchase goods and services. As such, a …

Reflecting on My Journey from Student to Practitioner

Environmental Alpha Against a Backdrop of Industry Change   Katherine Burstein McGinn, CFA       When a professor first introduced me to the concept of sustainable investing, the academic literature in which I immersed myself mostly explored the positive and negative impacts of exclusionary screening. That was 2007. At the time, there was already evidence that of the three …

On Socialism, Price, and Sustainability

  Todd Cort, BS, MS, PhD Yale School of Management and Yale School of Forestry and Environmental Studies       Juan-Victor Seminario, BA, MBA, MAM  WaterAid America       Why did socialism fail? Apologies to those in Venezuela and Cuba, but I refer to the grand experiments in socialism undertaken by the Soviet Union and China. In both …

Introducing the Carbon Impact Factor

A Family of Financial Instruments to Differentiate and Reward Carbon Efficiency in Commodity Production   Joe Madden,* CEO, EOS Climate Stephen Lamm, VP Business Development, EOS Climate Jeff Cohen, SVP Science and Policy, EOS Climate Tom Baumann, Co-Founder, ClimateCHECK and Interactive Leader Collaborase Mary Grady, Director of Business Development, American Carbon Registry Arjun Patney, Policy Director, American Carbon Registry Eric ...

The PRI Climate Change Strategy Project

With scientific concerns about the effects of carbon emissions settled, asset owners are becoming increasingly interested in understanding what role they can play to help achieve a safe environment for future generations. A new discussion paper from the PRI, Reducing Emissions across the Portfolio, finds that there is a strong case for asset owners to play an effective role in …

How to Expand Access to Clean Energy Financing

Jacob Sandry Imagining futures is a fundamental activity of the human psyche. Apocalyptic blockbusters flood movie theaters every summer, technologists imagine how silicon will next transform our lives (I’m still waiting for my flying car), and political analysts predict how elections might reshape our country. One future that we are realizing nearly as quickly as we imagine it is clean …

Sharia-Compliance and Sustainability

JEI Working Paper 3: Sharia-Compliance and Sustainability Mujtaba Wani Yale University 10 March 2015 Executive Summary This paper introduces Islamic finance and outlines a plan for a hypothetical, socially responsible investment firm that adheres to Islamic rules. Islamic finance presents solutions to many of the structural problems in the modern economic system. Sustainable investing can mitigate much of the damage …