Disagreement persists over how best to measure corporate sustainability performance,
presenting challenges for sustainable investors and researchers in the field of sustainability …

We examine the impact of excluding sin stocks on expected portfolio risk and return.
Exclusions involve risk relative to the market and peers. We show how this tracking error can …

Although sustainable investing is becoming a mainstream ambition, investors disagree on
how to best measure corporate sustainability performance (CSP). Environmental, Social …

Investment funds can achieve an impact on sustainable real-world developments through
threeimpact channels: engagement, portfolio allocation, and further effects. In the first part of …

Emerging evidence suggests that institutional investors' climate-related exclusions are
overwhelmingly concentrated in public equity relative to other asset classes. A concomitant …

Sustainable investing has recently gained traction throughout the world. This trend has
multiple sources, which span from genuine ethical concerns to hopes of performance …

This study introduces a novel ESG intrinsic-based return factor and its application in asset
pricing. This factor is extracted using a parallelized rolling window estimation and extreme …

Investors recently adopted a novel approach to sustainable investing: engaging with
countries to advance sustainable development. But engaging with sovereign entities on …

The research on sustainable finance has intensified in the past decade. In this survey, we
synthesize recent academic results and models on socially responsible investing (SRI) in …

This short article examines the factor and sustainability characteristics of newly issued
shares. Unlike secondary market transactions, which are merely transfers of ownership …