High quality research can inform practice and give a better understanding of ESG risks, opportunities and impacts, thereby increasing the effectiveness of investment practices. However, navigating academic research can be a challenge for investors.
To share the insights of academic research with investors, the PRI Academic Network Advisory Committee – led by Chair, Caroline Flammer (Professor of International and Public Affairs, Columbia University) – has curated a selection of rigorous and high-quality academic studies in the areas of: ESG Screening and Integration; ESG Shareholder Engagement and Activism; ESG Financial Instruments; ESG Performance Implications; Measurement, Disclosure, and Regulation; and Real Estate.
Find out more about the Academic Network Conference which took place online on 19-23 September 2022.
|Corporate Green Bonds||Flammer C||Journal of Financial Economics||2021|
|Where's the greenium?||Larcker DF, Watts EM||Journal of Accounting and Economics||2020|
|Impact Investing||Barber B, Morse A, Yasuda A||Journal of Financial Economics||2020|
|Contracts with (Social) Benefits: The Implementation of Impact Investing||Geczy C, Jeffers J, Musto D, Tucker A||Journal of Financial Economics||2020|
|Categorical cognition and outcome efficiency in impact investing decisions||Lee M, Adbi A, Singh J||Strategic Management Journal||2020|
|Investing for Impact||Chowdhry B, Davies SW, Waters B||Review of Financial Studies||2010|
|Is the Risk of Sea Level Rise Capitalized in Residential Real Estate?||Murfin J, Spiegel M||Review of Financial Studies||2020|
|Does Climate Change Affect Real Estate Prices? Only If You Believe In It||Baldauf M, Garlappi L, Yannelis C||Review of Financial Studies||2020|
|Doing Well by Doing Good? Green Office Buildings||Eichholtz P, Kok N, Quigley MJ||American Economic Review||2010|
|Disaster on the horizon: The price effect of sea level rise||Bernstein A, Gustafson MT, Lewis R||Journal of Financial Economics||2019|