Sustainable development and financial system: Integrating ESG risks through sustainable investment strategies in a climate change context
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comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
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INVESTIGACIONMetadata
Title
Sustainable development and financial system: Integrating ESG risks through sustainable investment strategies in a climate change contextDate
2021-10Publisher
WileyISSN
0968-0802; 1099-1719Bibliographic citation
Folqué, M, Escrig-Olmedo, E, Corzo Santamaría, T. Sustainable development and financial system: Integrating ESG risks through sustainable investment strategies in a climate change context. Sustainable Development. 2021; 29: 876– 890. https://doi.org/10.1002/sd.2181Type
info:eu-repo/semantics/articlePublisher version
https://onlinelibrary.wiley.com/doi/full/10.1002/sd.2181Version
info:eu-repo/semantics/submittedVersionSubject
Abstract
Sustainable Investment funds are one of the most appropriate ways for the financial system to contribute to sustainable development. However, the effective contribution of Sustainable Investment funds can vary widely ... [+]
Sustainable Investment funds are one of the most appropriate ways for the financial system to contribute to sustainable development. However, the effective contribution of Sustainable Investment funds can vary widely depending on their management strategy. This paper aims to analyze which strategies or combinations of them allow practitioners to better manage ESG risks in ESG portfolios within a complete framework consistent with global challenges that focus on sustainability and carbon risk scores. To analyze the differences between Sustainable Investment strategies, we adopt a parametric analysis of variance method. We find that, on average, funds that only apply negative filters achieve worse ESG risk scores and show worse carbon risk. In sum, this study contributes with more in-depth knowledge about the different outcomes in terms of sustainability risks of the different SI strategies. [-]
Description
This is the pre-peer reviewed version of the following article: Sustainable development and financial system: Integrating ESG risks through sustainable investment strategies in a climate change context. Maria Folqué, ... [+]
This is the pre-peer reviewed version of the following article: Sustainable development and financial system: Integrating ESG risks through sustainable investment strategies in a climate change context. Maria Folqué, Elena Escrig-Olmedo, Teresa Corzo Santamaría, which has been published in final form at https://doi.org/10.1002/sd.2181. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. [-]
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Sustainable Development, 2021, vol. 29, no 5Rights
Copyright © John Wiley & Sons, Inc.
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http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
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- COFIN_Articles [218]
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