Climate risk and stock performance of fossil fuel companies: An international analysis

X Gong, Y Song, C Fu, H Li - Journal of International Financial Markets …, 2023 - Elsevier
We study the impact of climate risk on the stock returns of fossil fuel companies in
international markets. Our results indicate that in the world market, a 1% increase in climate …

Do green bonds de-risk investment in low-carbon stocks?

JC Reboredo, A Ugolini, J Ojea-Ferreiro - Economic Modelling, 2022 - Elsevier
De-risking green investments is crucial to unlocking climate finance and to spurring
investors' interest in allocating resources to activities consistent with a resilient low-carbon …

The impact of mutual funds' ESG scores on their financial performance during the COVID-19 pandemic. A data envelopment analysis

I Tampakoudis, N Kiosses, K Petridis - Corporate Governance: The …, 2023 - emerald.com
Purpose The purpose of this study is to evaluate the performance of mutual funds during the
COVID-19 pandemic with environmental, social and governance (ESG) criteria. The main …

[HTML][HTML] Climate transition risk, profitability and stock prices

JC Reboredo, A Ugolini - International Review of Financial Analysis, 2022 - Elsevier
We investigate whether climate transition risk is reflected in the financial performance and
cross-section pricing of publicly-traded European and US firms. Using a firm-level carbon …

[HTML][HTML] Rebalancing climate finance: Analysing multilateral development banks' allocation practices

L Xie, B Scholtens, S Homroy - Energy Research & Social Science, 2023 - Elsevier
This paper provides novel evidence on the climate financing practices of Multilateral
Development Banks (MDBs) and their long-term social and climate consequences. We find …

Climate risk analysis: Definitions, measurements, strategies, and sectoral impacts

S Huang, S Vigne, D Yao, X Xu - Journal of Economic Surveys, 2024 - Wiley Online Library
The paper reviews and integrates the definitions, measurement techniques of climate risk,
and its economic, social, and financial impacts. It systematizes the various dimensions of …

Preferred habitat investors in the green bond market

M Boermans - Journal of Cleaner Production, 2023 - Elsevier
In recent years, the green bond market has seen significant growth as a means of financing
environmentally-friendly projects. While much research has focused on pricing, limited …

[HTML][HTML] Does sustainability improve financial performance? An analysis of Latin American oil and gas firms

J Rojo-Suárez, AB Alonso-Conde, JD Gonzalez-Ruiz - Resources Policy, 2024 - Elsevier
The growing concern about environmental, social, and governance (ESG) issues raises
questions about the presence of financial incentives that naturally offset—at least partially …

[HTML][HTML] The limited role of sustainability in mutual fund investor decisions: A machine learning approach

P Vilas, L Andreu, C Serrano-Cinca - Expert Systems with Applications, 2024 - Elsevier
Despite the growth in the supply of socially responsible investment products, the weight of
environmental, social and governance (ESG) factors in the decisions of mutual fund …

How does the research community contribute to corporate climate‐related risk disclosures? The gap between ideals and reality

CC Lee, SY Kuo, HH Hsu, TL Mo… - Corporate Social …, 2023 - Wiley Online Library
Since the inception of the Task Force on Climate Related Financial Disclosures (TCFD) and
its publication of a series of guidelines to instruct companies how to respond to climate …