Limits to Private Climate Change Mitigation /

As climate change looms larger, many look to sustainable investing that incorporates environmental, social, and governance (ESG) concerns as part of the way forward. To assess scope for ESG-conscious investing to achieve climate change goals, we explore the link between emissions growth and ESG scor...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Elmalt, Dalya
Άλλοι συγγραφείς: Igan, Deniz, Kirti, Divya
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2021.
Σειρά:IMF Working Papers; Working Paper ; No. 2021/112
Θέματα:
Διαθέσιμο Online:Full text available on IMF
LEADER 02234cas a2200325 a 4500
001 AALejournalIMF021696
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781513582504 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Elmalt, Dalya. 
245 1 0 |a Limits to Private Climate Change Mitigation /  |c Dalya Elmalt, Divya Kirti, Deniz Igan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a As climate change looms larger, many look to sustainable investing that incorporates environmental, social, and governance (ESG) concerns as part of the way forward. To assess scope for ESG-conscious investing to achieve climate change goals, we explore the link between emissions growth and ESG scores using firm-level data for the largest emitters around the world. Discouragingly, our analysis uncovers at best a weak relationship: firms with better ESG scores do display somewhat slower emissions growth but this link is substantially attenuated and no longer statistically significant if we limit attention to within-country or within-firm variation. Our findings suggest limited scope for sustainable investing strategies conditioned solely on ESG indicators to meaningfully help mitigate climate change and, more broadly, underscore the need to continue to build consensus towards effective economy-wide policies to address climate change. 
538 |a Mode of access: Internet 
650 7 |a Corporate Culture  |2 imf 
650 7 |a Diversity  |2 imf 
650 7 |a Foreign Exchange  |2 imf 
650 7 |a Informal Economy  |2 imf 
650 7 |a Underground Econom  |2 imf 
700 1 |a Igan, Deniz. 
700 1 |a Kirti, Divya. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/112 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/112/001.2021.issue-112-en.xml  |z IMF e-Library