Navigating the world of ESG ratings
In January 2022, EDHEC Business School has launched a new online monthly speaker series on “The Future of Finance”. The objective is to address the most recent advances in the financial industry and discuss how finance can be a powerful tool for tackling key economic and social challenges. To do so, this series gather all year long international renowned industry experts and academic scholars reflecting the research culture and intellectual commitment of EDHEC. The targeted audience is the current EDHEC Business School finance graduate students, the EDHEC alumni, and the members of the enlarged EDHEC community and guests.
On December 13, 2022, from 6pm until 7pm, EHEC Business School welcomed Florian Berg, Research scientist at the MIT Sloan School of Management on "Navigating the world of ESG ratings"
This talk gave an overview of the construction of ESG ratings and show that there is much disagreement between different ESG rating providers. As measurement is one of the most important drivers of the disagreement between raters, Florian Berg showed how measurement errors affect ESG portfolio construction and asset pricing. The talk ended with an analysis of how ratings actually matter economically.
EDHEC Discussants were:
- Abraham Lioui, Affiliale Member, EDHEC-Risk Climate, Professor and Head of Faculty - Data Science, Economics & Finance, EDHEC Business School
- Emmanuel Jurczenko, Director of Graduate Finance Programmes, EDHEC Business School
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.
