Turning Green Into Gold Takes a Leap of Faith
Bloomberg (24/11/2021)
"(...) As ever in the world of environmental, social and governance standards, it’s not hard to find opposing evidence to the UBS findings. The EDHEC Business School’s Risk Institute, for example, argued last month that institutional ownership has little effect in curbing greenhouse gas emissions by companies. The EDHEC study used carbon-intensity data on more than 7,000 companies between 2007 and 2018, examining the relationship between their carbon footprints and their ownership by fund managers with combined assets of more than $70 trillion who participated in the 2018 United Nations’ Principles for Responsible Investments survey. (...)"
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Turning Green Into Gold Takes a Leap of Faith
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
