Tue Sep 7 UTC (about 1 month ago)
In your timezone (EDT): Tue Sep 7 1:00pm - Tue Sep 7 2:00pm
Meta-studies examining the relationship between environmental, social, and governance (ESG) and financial performance have a decades-long history. Almost all the articles they cover, however, were written before 2015. Those analyses found positive correlations between ESG performance and operational efficiencies, stock performance and lower cost of capital.
Five years later, we have seen exponential growth in ESG and impact investing – due in large part to increasing evidence that business strategy focused on material ESG issues is synonymous with high-quality management teams and improved returns.
Research Fellow, Center for Sustainable Business
Tracy Van Holt
Research Associate Professor, NYU Stern School of Business