$\require{mediawiki-texvc}$

연합인증

연합인증 가입 기관의 연구자들은 소속기관의 인증정보(ID와 암호)를 이용해 다른 대학, 연구기관, 서비스 공급자의 다양한 온라인 자원과 연구 데이터를 이용할 수 있습니다.

이는 여행자가 자국에서 발행 받은 여권으로 세계 각국을 자유롭게 여행할 수 있는 것과 같습니다.

연합인증으로 이용이 가능한 서비스는 NTIS, DataON, Edison, Kafe, Webinar 등이 있습니다.

한번의 인증절차만으로 연합인증 가입 서비스에 추가 로그인 없이 이용이 가능합니다.

다만, 연합인증을 위해서는 최초 1회만 인증 절차가 필요합니다. (회원이 아닐 경우 회원 가입이 필요합니다.)

연합인증 절차는 다음과 같습니다.

최초이용시에는
ScienceON에 로그인 → 연합인증 서비스 접속 → 로그인 (본인 확인 또는 회원가입) → 서비스 이용

그 이후에는
ScienceON 로그인 → 연합인증 서비스 접속 → 서비스 이용

연합인증을 활용하시면 KISTI가 제공하는 다양한 서비스를 편리하게 이용하실 수 있습니다.

ESG Rating-Necessity for the Investor or the Company? 원문보기

Sustainability, v.13 no.16, 2021년, pp.8940 -   

Zumente, Ilze (Faculty of Engineering Economics and Management, Riga Technical University, LV-1658 Riga, Latvia) ,  Lāce, Nataļja (Faculty of Engineering Economics and Management, Riga Technical University, LV-1658 Riga, Latvia)

Abstract ▼ AI-Helper 아이콘AI-Helper

With the rise of responsible investments, the demand for non-financial data has multiplied. Even for those companies who have obtained an environmental, social and governance (ESG) assessment, the scores issued by rating agencies tend to depict differing pictures of the sustainability performance. F...

참고문헌 (35)

  1. Hale, J.F. (2021, January 28). A Broken Record: Flows for U.S. Sustainable Funds Again Reach New Heights. Available online: https://www.morningstar.com/articles/1019195/a-broken-record-flows-for-us-sustainable-funds-again-reach-new-heights. 

  2. Huber, B., and Comstock, M. (2021, March 01). ESG Reports and Ratings: What They Are, Why They Matter. Harvard Law School Forum on Corporate Governance. Available online: https://corpgov.law.harvard.edu/2017/07/27/esg-reports-and-ratings-what-they-are-why-they-matter/. 

  3. Eccles The Social Origins of ESG? An Analysis of Innovest and KLD Organ. Environ. 2019 33 1 

  4. Berg Aggregate Confusion: The Divergence of ESG Ratings MIT Sloan Res. Pap. 2019 5822 1 

  5. Boffo, R., and Patalano, R. (2020). ESG Investing: Practices, Progress and Challenges, OECD. Available online: https://www.oecd.org/finance/ESG-Investing-Practices-Progress-and-Challenges.pdf. 

  6. Deloitte (2021, April 05). Private Equity Confidence Survey Central Europe, Summer 2020. Available online: https://www2.deloitte.com/content/dam/Deloitte/hr/Documents/about-deloitte/ce-pe-confidence-survey-report-summer-2020%20.pdf. 

  7. Zumente Do Baltic investors care about environmental, social and governance (ESG)? Entrep. Sustain. Issues 2021 8 349 

  8. Friede ESG and financial performance: Aggregated evidence from more than 2000 empirical studies J. Sustain. Financ. Investig. 2015 10.1080/20430795.2015.1118917 5 210 

    상세보기 crossref

  9. Foubert, A.-L. (2021, January 28). ESG Data Market: No Stopping Its Rise Now. Available online: http://www.opimas.com/research/547/detail/. 

  10. Amel-Zadeh, A., and Serafeim, G. (2021, January 28). Why and How Investors Use ESG Information: Evidence from a Global Survey. Available online: https://ssrn.com/abstract=2925310. 

  11. Li, F.F., and Polychronopoulos, A. (2021, February 05). What a Difference an ESG Ratings Provider Makes!. Available online: https://www.researchaffiliates.com/documents/770-what-a-difference-an-esg-ratings-provider-makes.pdf. 

  12. 10.2139/ssrn.3706440 Lopez, C., and Bendix, J. (2021, February 10). ESG Ratings: The Road Ahead. Available online: https://milkeninstitute.org/sites/default/files/reports-pdf/ESG_Ratings.pdf. 

    crossref

  13. OECD (2020). OECD Business and Finance Outlook 2020-Sustainable and Resilient Finance, OECD Publishing. 

  14. MSCI (2021, March 13). ESG Ratings. Available online: https://www.msci.com/our-solutions/esg-investing/esg-ratings. 

  15. MSCI ESG Research (2021, March 13). MSCI ESG Ratings Methodology. Available online: https://www.msci.com/documents/1296102/21901542/MSCI+ESG+Ratings+Methodology+-+Exec+Summary+Nov+2020.pdf. 

  16. S&P Global Market Intelligence (2021, March 13). S&P Global to Acquire the ESG Ratings Business from RobecoSAM. Available online: https://www.spglobal.com/en/research-insights/articles/sp-global-to-acquire-the-esg-ratings-business-from-robecosam-shell. 

  17. S&P Global (2021, March 13). Corporate Sustainability Assessment (CSA) 2021. Available online: https://www.spglobal.com/esg/csa/csa-2021. 

  18. RobecoSAM (2021, March 13). Smart ESG Score. Available online: https://www.robeco.com/en/key-strengths/sustainable-investing/glossary/smart-esg-score.html. 

  19. Morningstar (2020, June 07). Morningstar, Inc. Completes Acquisition of Sustainalytics. Available online: https://newsroom.morningstar.com/newsroom/news-archive/press-release-details/2020/Morningstar-Inc-Completes-Acquisition-of-Sustainalytics/default.aspx. 

  20. Sustainalytics (2021, January 28). ESG Risk Rating-Methodology Abstract Version 2.1. Available online: https://connect.sustainalytics.com/hubfs/INV/Methodology/Sustainalytics_ESG%20Ratings_Methodology%20Abstract.pdf. 

  21. ISS ESG (2021, March 13). Governance Quality Score. Available online: https://www.issgovernance.com/esg/ratings/governance-qualityscore/. 

  22. RepRisk (2021, March 13). Approach to ESG Scoring. Available online: https://www.reprisk.com/approach. 

  23. Schnabel, I. (2021, May 17). Never Waste a Crisis: COVID-19, Climate Change and Monetary Policy [Speech]. Sustainable Crisis Responses in Europe, Frankfurt. Available online: https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200717~1556b0f988.en.html. 

  24. Kotsantonis Four Things No One Will Tell You About ESG Data J. Appl. Corp. Financ. 2019 10.1111/jacf.12346 31 50 

    상세보기 crossref

  25. In Integrating Alternative Data (Also Known as ESG Data) in Investment Decision Making Glob. Econ. Rev. 2019 10.1080/1226508X.2019.1643059 48 237 

    상세보기 crossref

  26. Drempetic The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review J. Bus. Ethics 2020 10.1007/s10551-019-04164-1 167 1 

    상세보기 crossref

  27. Expert Investor (2020, October 17). European Companies Lead the Way in ESG. Available online: https://expertinvestoreurope.com/european-companies-lead-esg/. 

  28. 10.2139/ssrn.3212685 Eccles, R.G., and Stroehle, J. (2020, October 17). Exploring Social Origins in the Construction of ESG Measures (12 July 2018). Available online: https://ssrn.com/abstract=3212685. 

    crossref

  29. Chatterji Do ratings of firms converge? Implications for managers, investors and strategy researchers: Do Ratings of Firms Converge? Strateg. Manag. J. 2016 10.1002/smj.2407 37 1597 

    상세보기 crossref

  30. 10.2139/ssrn.3433728 Gibson, R., Krueger, P., and Schmidt, P. (2019). ESG Rating Disagreement and Stock Returns. Swiss Finance Institute Research Paper No. 19-67, European Corporate Governance Institute-Finance Working Paper No. 651/2020. Financ. Anal. J. 

    crossref

  31. 10.3390/su11123276 Iamandi, I.-E., Constantin, L.-G., Munteanu, S.M., and Cernat-Gruici, B. (2019). Mapping the ESG Behavior of European Companies. A Holistic Kohonen Approach. Sustainability, 11. 

    상세보기 crossref

  32. ESG Rating in Investment Risk Analysis of Companies Listed on the Public Market in Poland Econ. Notes 2015 10.1111/ecno.12031 44 211 

    상세보기 crossref

  33. Koke, J., and Schroder, M. (2002). The Future of Eastern European Capital Markets (EIB Papers), European Investment Bank. Available online: https://www.econstor.eu/bitstream/10419/44821/1/35190249X.pdf. 

  34. Deloitte (2021, March 05). Private Equity Confidence Survey Central Europe. Available online: https://www2.deloitte.com/content/dam/Deloitte/ce/Documents/private-equity/ce-deloitte-private-equity-confidence-survey-report-january-2021.pdf. 

  35. Dimante Status quo and future development of sustainability reporting in central and eastern Europe J. East Eur. Manag. Stud. 2017 10.5771/0949-6181-2017-2-221 22 221 

    crossref

관련 콘텐츠

오픈액세스(OA) 유형

GOLD

오픈액세스 학술지에 출판된 논문

저작권 관리 안내
섹션별 컨텐츠 바로가기

AI-Helper ※ AI-Helper는 오픈소스 모델을 사용합니다.

AI-Helper 아이콘
AI-Helper
안녕하세요, AI-Helper입니다. 좌측 "선택된 텍스트"에서 텍스트를 선택하여 요약, 번역, 용어설명을 실행하세요.
※ AI-Helper는 부적절한 답변을 할 수 있습니다.

선택된 텍스트

맨위로