Abstract Because of the 2015 Paris Agreement, the development of ESG investing and the
emergence of net zero emission policies, climate risk is certainly the most important topic …

This article studies the impact of carbon risk on stock pricing. To address this, we consider
the seminal approach of G\" orgen\textsl {et al.}(2019), who proposed estimating the carbon …

This research project is both an update of the analysis on carbon emissions trajectories
proposed by Le Guenedal et al.(2020) and a companion study of the climate risk measures …

The purpose of this paper is to appraise recent ESG trends in global equity markets. It
contributes to a broader research project started at Amundi in 2014 on the relevance of ESG …

The concept of portfolio alignment to a temperature trajectory has gained momentum among
investors and regulators since the 2015 Paris Agreement recognized the importance of the …

This research project aims at estimating financial risks related to climate change. Beyond the
applications and quantitative findings, the main objective of the chapters of this thesis is to …

The purpose of this study is to determine if investors are rewarded with lower yields when
they invest in Green Bonds in the secondary market. To make the assessment of whether …

This paper presents the results of a study examining the construction of Paris-aligned
Benchmarks (PAB) and Climate Transition Benchmarks (CTB). Such portfolios are intended …

In recent years, asset management has embraced the Net-Zero paradigm for portfolio
construction and the formation of mid-and long-term views. However, delays in climate …

As investors are looking to align their portfolios with the goals of the Paris Agreement,
forward-looking portfolio metrics like Implied Temperature Rise (ITR) are becoming …