This article reviews how climate change could be considered an additional source of market
risk. I discuss the types of data needed to analyse the climate risk drivers that shape the …

We conduct a multidisciplinary review of how sustainable investing impacts the environment
and society. Our review starts from the insight that shareholders can create impact not only …

We survey 861 finance academics, professionals, and public sector regulators and policy
economists about climate finance topics. They identify regulatory risk as the top climate risk …

Using a wide sample of international publicly traded firms, this paper studies the rapidly
increasing practice of incorporating Environmental, Social, and Governance (ESG) metrics …

Exploiting the unique features of the CDP, the world-leading platform of corporate climate
risk disclosures, we study the relationship between institutional investors' demand for …

Environmental, social and governance (ESG) standards can stimulate firms' green
development by improving the external information landscape. This study investigates the …

Through a survey and analyses of observational data, we provide systematic evidence that
institutional investors value and demand climate risk disclosures. The survey reveals the …

Using recently available GRESB ESG public disclosure data for REITs around the world, we
examine how ESG disclosure is related to REIT debt financing and firm value. We find that …

Based on data from a sample of Chinese Shenzhen-listed companies from 2012 to 2020,
this paper studies the relationship between institutional investors' corporate site visits and …

We estimate the risk premium for firm-level climate change exposure among S&P 500 stocks
and its time-series evolution between 2005 to 2020. Exposure reflects the attention paid by …