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By Mohammed BENLEMLIH, PhD, Colette Zoe BEBEE and Gwennoline d’AVOUT, Green Reply
The integration of ESG (Environmental, Social, and Governance) factors into the investment process has been at the center of regulatory, political and managerial debates for the last few decades. Following recent environmental scandals (e.g. Volkswagen late 2015) and the discussions around global warming, the media craze has brought to the forefront the topic of the environment, at the expense of social and governance issues.
Sustainable finance, as manifested by these three pillars, is expected to have a significant impact on firms’ financial performance. ESG consequently creates significant opportunities and poses significant risks to the economy and the...
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