We develop the first top-down method to estimate the greenness of financial portfolios, in
terms of alignment to the EU Taxonomy for sustainable activities. We also develop a method …

Environmental, social, and governance (ESG) factors are critical in achieving sustainability
in business management and are used as values aiming to enhance corporate value …

Climate risk has become a major concern for financial institutions and financial markets. Yet,
climate policy is still in its infancy and contributes to increased uncertainty. For example, the …

We propose a strategy to build portfolios of sovereign securities with progressively declining
carbon footprints. Passive investors could use it as a new Paris-consistent benchmark to …

The emergence of net zero emissions policies is currently one of the most important topics
among asset owners and managers. It considerably changes portfolio allocation and the …

Among the largest economies of the world, the EU not only has set the most ambitious and
legally binding objectives for the reduction of the GHG emissions but also it has …

We propose a framework for long-term cross-asset portfolio choice in which the estimation of
the covariance matrix is subject to climate risk. We model the future volatility and correlation …

Investors' appetite for green finance increased considerably in particular after the Paris
Agreement. However, the lack of a standardized definition of green and non-green activities …

This chapter explores the rise and future of “green” corporate governance, including how
concerns about the changing climate are shaping long-extant debates in corporate law …

A tanulmány a klímavédelmi események hatását vizsgálja a köztudatra és a tőkepiacra.
Először tíz klímaváltozáshoz kapcsolódó fogalom Google-trends-indexének alakulását, majd …