Business & Management
How ESG Issues Become Financially Material To Corporations And Their Investors
How ESG Issues Become Financially Material To Corporations And Their Investors
Source: https://www.hbs.edu
Author: David Freiberg, Jean Rogers, George Serafeim
Management and disclosure of environmental, social and governance (ESG) issues have received substantial interest over the last decade. In this paper, we outline a framework of how ESG issues become financially material, affecting corporate profitability and valuation. We argue that understanding this process is important both for actors driven by financial or societal motives.
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