MSCI recently launched the MSCI Institute - a hub designed to spur collaboration among key financial, academic, business, government and civil leaders and align data, analysis, policy and action.
Though a large and growing body of academic research examines corporate sustainability factors, investors and other capital-markets participants can struggle to surface insights that relevant to their financial decision-making.
To help bridge the gap, the Institute endeavors to highlight recent research into the relationship between sustainability factors and the value of financial assets, risk and performance that has practical investment relevance.
Some interesting research papers:
Quantifying the Returns of ESG Investing: An Empirical Analysis with Six ESG Metrics (link)
We quantify the financial performance of environmental, social, and governance (ESG) portfolios in the U.S., Europe, and Japan, based on data from six major ESG rating agencies. We document statistically significant excess returns in ESG portfolios from 2014 to 2020 in the U.S. and Japan.
Sustainable Investment – Exploring the Linkage between Alpha, ESG, and SDG’s (link)
We utilize structured and unstructured data to determine a company’s net influence on the SDGs, which we call its SDG “footprint.” We show that an ESG momentum portfolio both outperforms the MSCI US index and has a relatively better SDG footprint than that of the index.
Opmerkingen