Governmental and scientific news and insights on investor oriented environmental, social, and governance (ESG) data.

Market-to-Book Value Relevance of Stakeholder Engagement

Our study investigates whether stakeholder engagement is associated with a firm’s valuation and the value relevance of accounting earnings. Since prior literature posits that the economic consequences of such practices may depend on the specific environment in which they are adopted, we also explore whether these associations are affected by the cultural traits of the [...]

By |2016-07-27T11:12:06+00:00July 27th, 2016|Financial, Firm Value, Governance|0 Comments

Relevance of Fair Value of Biological Assets

The usage of the fair value for the evaluation of biological assets arising from the adoption of international accounting standards have caused significant economic effects on the value of the companies and, hence, on their current and future results. Furthermore, there is a number of criticisms - from both the academic and business environments - [...]

By |2016-07-27T20:23:10+00:00July 27th, 2016|Environmental, Financial, Firm Value, Indicators, Investors|0 Comments

CDSB: The Natural Capital Protocol

The Natural Capital Protocol enables companies to integrate their relationship with nature into strategic and operational decision-making, developing internal processes and management actions. It does this by harmonising the many different natural capital approaches, directing businesses towards the methods that they need in order to generate credible and actionable information related to natural capital impacts [...]

CSR content in FTSE 350 annual reports – are we in a good place?

Corporate social responsibility (CSR) content in annual reports has continued to expand with increased focus on the ‘non-financial’ aspects of companies’ operations. UK reporting requirements have reinforced this trend and many companies report well beyond what is formally required. We analysed annual reports from a sample of companies in the FTSE 350 with a year [...]

By |2016-07-25T08:59:28+00:00July 25th, 2016|CSR, Investors|0 Comments

EU Commission’s proposal on binding greenhouse gas emission reductions

The Commission today presented a package of measures to accelerate the shift to low-carbon emissions in all sectors of the economy in Europe. The global low-carbon transition is already underway and gaining momentum, following the adoption of the first universal climate change agreement last December. Today's proposal will help Member States prepare for the future [...]

By |2016-07-20T14:30:39+00:00July 20th, 2016|CSR, Environmental, Investors, Risk|0 Comments

UNGC and PRI: Guide on anti-corruption engagement with investor or company input

June 20 2016, the Principles for Responsible Investment (PRI) and United Nations Global Compact have launched an evidence-based guide for investors and companies on anti-bribery and corruption engagement dialogue. The guidance presents findings from a PRI coordinated engagement that took place between 2013 and 2015, which involved 34 investors with US$2.7 trillion of assets under [...]

By |2016-11-24T12:14:08+00:00July 18th, 2016|Anti-corruption, Governance, Investors, Risk|0 Comments

UN: Green Bonds – Standards needed to avoid greenwashing

Green bonds are no different from regular bonds in their nature. Both types of securities offer a predictable return to investors in the form of a fixed coupon yield, in exchange for medium to long-term funding for economic activities. By definition, the mission of a green bond is to finance projects that bring environmental gains, [...]

By |2016-11-24T12:14:08+00:00July 13th, 2016|Environmental, Indicators, Investors|0 Comments

Shareholder Activism – material ESG proposals increase firm value

Shareholder activism on sustainability issues has become increasingly prevalent over the years, with the number of proposals filed doubling from 1999 to 2013. We use recent innovations in accounting standard setting to classify 2,665 shareholder proposals that address environmental, social and governance (ESG) issues as financially material or immaterial, and we analyze how proposals on [...]

By |2016-07-09T10:44:06+00:00July 9th, 2016|Firm Value, Governance, Investors|0 Comments