High to severe ESG incidents affect market capitalisation: SustainalyticsBY RACHEL ALEMBAKIS | FRIDAY, 22 DEC 2017 3:24PMHigh to severe environmental, social or governance (ESG) incidents are associated with a 6% average decline in market capitalisation for affected companies over a short-term period, according to a new report by Sustainalytics. Related News |
Editor's Choice
Green Moves: ACSI, PRI, HOPE Housing
PRI chief executive steps down, while ACSI strengthens its ESG team with a Greenfluence founder and HOPE Housing hires a director to raise capital.
Industry fund dumps sustainable option
Prime Super will remove the SRI Balanced option from its investments lineup, citing its poor performance.
Proposals against ESG, DEI to increase: Proxy advisor
Shareholder engagement is likely to change this year, ISS-Corporate says.
Australians reject net zero targets, polling claims
New polling suggests Australians are still not convinced a move to net zero is in their best interests, much preferring the government focus on affordability and reliability.