Research and publications
Designing a Sustainable Financial System: Development Goals and Socio-Ecological Responsibility
EDHEC Risk Professor Gianfranco Gianfrate participated to the book with the section: Designing Carbon-Neutral Investment Portfolios.
Author(s):
Gianfranco Gianfrate
Summary:
EDHEC Risk Professor Gianfranco Gianfrate participated to the book with the section: Designing Carbon-Neutral Investment Portfolios.
As climate change and global warming are addressed by tougher regulation, global investors are increasingly treating climate risks as a key aspect when pricing financial assets and deciding the allocation of their investment portfolios. However, the current approaches to embed the environmental profile in the investment process—exclusion lists, environmental ratings, active ownership, and carbon risk-adjusted valuation metrics—may not address effectively the concern that portfolios are exposed to growingly material risks associated to climate change.
This chapter discusses to what extent financial hedging of institutional investment portfolios is feasible and how policy-making could shape markets and instruments to make the financial global system more resilient to possible climate-related regulatory shocks.
Main goals of the book:
- Emphasizes the need to align financial systems with sustainable development goals
- Contributes new research to multiple disciplines, including finance, management, and environmental studies
- Adds critical voices to the ongoing discussion about socio-ecological responsibility
| Type : | Book |
|---|---|
| Date : | 21/07/2018 |
| Editor : | Springer |
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
