Sustainability Community

🧐While it would neatly promote our Redwheel climate engagement strategies, focused on carbon intensive companies, my colleague Paul Drummond's survey of the evidence shows the thesis that carbon intensity = higher returns, is a far too simplistic conclusion.

Pity life wasn't so simple!!

⚠️The transition is much too complex for such a view, with companies facing varying degrees of risk and varying ability to navigate those risks successfully.

💡Any thoughts? Any other papers worth adding to the survey?

Here is the link to the research... 

https://www.redwheel.com/uk/en/institutional/insights/greenwheel-research-do-company-emissions-impact-shareholder-returns-evidence-and-implications/

Thank you for sharing this John. 

That's a good summary of some of the main papers on this area.  Below I have two more papers that are relevant - happy to discuss these papers (or other related papers) further if that helps.

a) In Search of the True Greenium
b) Does Green Innovation Increase Shareholder Wealth? 

I hope this is helpful. 

Kind regards,

Dimitris 

+++++++++++++++++++ 

Dimitris Andriosopoulos 

Professor of Finance, University of Strathclyde 

Founding Director, Responsible Business Institute (ReBI)

🧐While it would neatly promote our Redwheel climate engagement strategies, focused on carbon intensive companies, my colleague Paul Drummond's survey of the evidence shows the thesis that carbon intensity = higher returns, is a far too simplistic conclusion.

Pity life wasn't so simple!!

⚠️The transition is much too complex for such a view, with companies facing varying degrees of risk and varying ability to navigate those risks successfully.

💡Any thoughts? Any other papers worth adding to the survey?

Here is the link to the research... 

https://www.redwheel.com/uk/en/institutional/insights/greenwheel-research-do-company-emissions-impact-shareholder-returns-evidence-and-implications/