Development of a Quantitative Model for the Top-Down Estimation of Greenhouse Gas Emissions from Transportation and Distribution Activities of Companies’ Supply Chains

Mette Emsholm Kjær, MSc ESG Analyst at responsAbility Investments AG Abstract Assessing and managing companies’ climate-change-related investment impacts and risks require a detailed understanding of their greenhouse gas (GHG) emissions. Yet for many companies, the dominant source of GHG emissions is indirect emissions that appear outside the company’s main operating space (Hertwich and Wood 2018; EIT Climate-KIC 2018b). Of the …

Some Statistical Considerations for Assessing Model Value when Estimating Greenhouse Gas Emissions

A Comment on “Development of a Quantitative Model for the Top-Down Estimation of GHG Emissions from Transportation and Distribution” Robert J. Erhardt, PhD Associate Chair and Associate Professor of Statistics, Department of Mathematics and Statistics, Wake Forest University To quantify a company’s full greenhouse gas (GHG) emissions, life cycle analysis represents a valuable standard and active area of research (Reijnders, …

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 …

The Proof in the Pipeline: Fossil Fuels and Social Inequality

Arina Abbott oversees marketing at Green Alpha Advisors, an asset manager that invests public equities in the innovation-driven, sustainable economy. While fossil fuel risk has reared its ugly head in the form of blazing fires, stronger storms, and oil-stained beaches, the U.S. remains home to the highest number of climate change deniers in the world. Meanwhile, systemic inequality has continued …

EOS Climate Solution: HFC Credits

EOS Climate Innovative Market Solution Curbs Carbon Emissions From HFCs HFC (hyrdofluorocarbon) refrigerants are significant contributors to climate change, and they continue to be produced and used for refrigeration and cooling in tens of millions of homes, office buildings, supermarkets, and automobiles. Global efforts are underway to reduce emissions of HFCs: The Parties to the Montreal Protocol are creating a …

Climate Change Finance Data: Looking Under the Hood

Patrick Reed Yale University Gabe Rissman Yale University Logan Yonavjak Yale University MBA/MF Candidate, 2016 Contributing Authors Evan Dryland, MBA Associate, JP Morgan Chase Yonatan Landau, MBA Independent Consultant Dillon Lanius NYU Stern MBA Candidate, 2016 Sebastian Vanderzeil, MBA Global Thematic Analyst, Cornerstone Capital Abstract This paper describes the current state of financial data as it relates to climate change …

Six Years Back, Six Forward

Tony Lent, MBA Co-Managing Partner, Aldwych Environmental and Renewables Group       This past December, 196 governments signed on to a global climate agreement in Paris. One of the surprises of the conference was the strong turnout of major corporations and asset owners making public their commitment to address climate within their remits. The government plans that were agreed …

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 categories of typical exclusionary …

Impact through Shareholder Engagement

Tim Smith Director of Environmental, Social & Governance Shareholder Engagement, Walden Asset Management       In the early 1970s, business history was made when religious investors filed the first shareholder resolutions on a social issue. The company was General Motors and the issue was GM’s investment in South Africa, a country known for apartheid and racial segregation. In those …