Have a personal or library account? Click to login
The Materiality Challenge of ESG Ratings Cover

The Materiality Challenge of ESG Ratings

By: Zach Williams  
Open Access
|Dec 2022

References

  1. Alves, R., Krueger, P., ---amp--- van Dijk, M. (2022). Drawing Up the Bill: Does Sustainable Investing Affect Stock Returns Around the World? Network for Studies on Pension, Aging and Retirement.
  2. Berchicci, Luca and King, Andrew A., Corporate Sustainability: A Model Uncertainty Analysis of Materiality (May 18, 2021). Available at SSRN: https://ssrn.com/abstract=3848664 or http://dx.doi.org/10.2139/ssrn.384866410.2139/ssrn.3848664
  3. Bloomberg Professional Services. (2022). Environmental ---amp--- Social Scores. Bloomberg. Retrieved May 20, 2022, from https://assets.bbhub.io/professional/sites/10/Environmental-Social-Scores-Fact-Sheet1.pdf
  4. Bloomberg Professional Services. (n.d.a) Environmental and Social Scores. Methodology and Field Information. Retrieved December 2, 2022, from Bloomberg Terminal.
  5. Bloomberg Professional Services. (n.d.b) Global Environmental, Social ---amp--- Governance – ESG Data. Retrieved June 5, 2022, from https://www.bloomberg.com/professional/dataset/global-environmental-social-governance-data/
  6. Bloomberg Professional Services. (n.d.c) Governance Scores. Methodology and Field Information. Retrieved December 2, 2022, from Bloomberg Terminal.
  7. Cozby, P., ---amp--- Bates, S. (2015). Methods in behavioral research. New York, NY: McGraw-Hill Education.
  8. van Duuren, E., Plantinga, A. ---amp--- Scholtens, B. ESG Integration and the Investment Management Process: Fundamental Investing Reinvented. J Bus Ethics 138, 525–533 (2016). https://doi.org/10.1007/s10551-015-2610-810.1007/s10551-015-2610-8
  9. Freed, N., Jones, S., ---amp--- Bergquist, T. (2014). Understanding business statistics. Hoboken, NJ.: John Wiley ---amp--- Sons.
  10. Global Sustainable Investment Review 2020 - gsi-alliance.org. (2021). Retrieved from http://www.gsi-alliance.org/wp-content/uploads/2021/08/GSIR-20201.pdf
  11. Hayes, A. (2022a). What is greenwashing? how it works, examples, and Statistics. Investopedia. Retrieved November 19, 2022, from https://www.investopedia.com/terms/g/greenwashing.asp
  12. Hayes, A. (2022b). What is the Global Industry Classification Standard (GICS)? Investopedia. Retrieved November 19, 2022, from https://www.investopedia.com/terms/g/gics.asp
  13. Hvidkjær, S. (2017). ESG Investing: A literature Review. Report Prepared for Dansif.
  14. Kenton, W. (2022a). Capital Asset Pricing Model (CAPM) and assumptions explained. Investopedia. Retrieved November 19, 2022, from https://www.investopedia.com/terms/c/capm.asp
  15. Kenton, W. (2022b). S---amp---P 500 index: What it’s for and why it’s important in investing. Investopedia. Retrieved November 19, 2022, from https://www.investopedia.com/terms/s/sp500.asp
  16. Khan, Mozaffar N., George Serafeim, and Aaron Yoon. “Corporate Sustainability: First Evidence on Materiality.” Harvard Business School Working Paper, No. 15-073, March 2015.10.2139/ssrn.2575912
  17. Khan, M. (2019). Corporate governance, ESG, and stock returns around the world. Financial Analysts Journal, 75(4), 103–123. https://doi.org/10.1080/0015198x.2019.165429910.1080/0015198X.2019.1654299
  18. King, A., ---amp--- Pucker, K. (2022, March 3). ESG and alpha: Sales or substance? Institutional Investor. Retrieved from https://www.institutionalinvestor.com/article/b1wxqznltqnyzj/ESG-and-Alpha-Sales-or-Substance
  19. Kolakowski, M. (2022). Bloomberg vs. Reuters: What’s the difference? Investopedia. Retrieved from https://www.investopedia.com/articles/investing/052815/financial-news-comparison-bloomberg-vs-reuters.asp
  20. Whelan, T., Atz, U., Van Holt, T., ---amp--- Clark, C. (2021). ESG and financial performance. Uncovering the Relationship by Aggregating Evidence from, 1,000 Plus Studies Published between 2015-2020. NYU Stern Center for Sustainable Business. Retrieved May 22, 2022 from https://www.stern.nyu.edu/sites/default/files/assets/documents/NYU-RAM_ESG-Paper_2021.pdf
  21. Wilhelmsen, E., ---amp--- Woods, E. (2021). Esg Ratings and Stock Performance (thesis).
  22. Williams, Z., ---amp--- Apollonio, H., (2022). The causation dilemma in ESG research [Manuscript submitted for publication].
  23. Zumente, I., ---amp--- Lāce, N. (2021). ESG rating—necessity for the investor or the company? Sustainability, 13(16), 8940. https://doi.org/10.3390/su1316894010.3390/su13168940
Language: English
Page range: 97 - 108
Submitted on: Nov 21, 2022
|
Accepted on: Dec 5, 2022
|
Published on: Dec 23, 2022
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2022 Zach Williams, published by EKA University of Applied Sciences
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.