In this address, I discuss differences across investor and manager motivations for
considering sustainable finance—value versus values motivations—and how these …

We study biodiversity finance—the use of private capital to finance biodiversity conservation
and restoration—which is a new practice in sustainable finance. First, we provide a …

Loss of biodiversity and natural degradation are vital issues that have significant impacts on
society and economy. Businesses, investors, and regulators have focused on corporate …

All industries depend on natural capital assets and ecosystem services, either directly,
through their supply chains, or through their investments. Companies are therefore …

This study examines the recent literature on the expectations, beliefs and perceptions of
investors who incorporate Environmental, Social, Governance (ESG) considerations in …

Focusing on biodiversity risks, we perform an empirical asset pricing analysis and document
three main results. First, the factor going long on low biodiversity intensity assets and short …

Sustainable investing is under risk of being watered down by greenwashing given the lack
of standardized and reliable indicators for measuring impact at financial product level. Here …

This study investigates the relationship between bank boards' characteristics and their
commitment to divest from fossil fuels. Using data on worldwide listed banks from 2016 to …

Biodiversity is rising rapidly on the global agenda, prompting businesses to adopt the"
nature-positive" framing, expressing a commitment to combat biodiversity loss and …

In the context of global initiatives to mitigate climate change and biodiversity loss,
corporations are increasingly confronted with environmental challenges. This study …