Webinar: The climate deserves better than 12%!
2021-09-21T08:00:00+00:00
2021-09-21T14:05:00+00:00
https://alumni.edhec.edu//medias/image/thumbnail_1711513791613b63957fbb4.jpg
Tuesday, September 21, 2021 - 2 sessions: 10am or 5pm Central European Summer TimeFor several years the financial industry has been multiplying initiatives to measure companies' climate performance and engagement. Scarcely a day goes by without a new fund or index being launched on the basis of this climate data, with the primary declared objective of the investments' positive impact on the transition towards a low-carbon economy.However, a study conducted as part of the EDHEC-Scientific Beta 'Advanced ESG and Climate Investing' research chair shows that the reality of traditional climate investing strategies does not live up to the promises and the communication from their promoters. Speaking of climate investment when the companies' climate performance only accounts on average for 12% of the weight of their stocks in the portfolios is at best a misnomer and at worst misinformation with regard to responsible investors who are engaged for the climate.This greenwashing also has negative consequences on the potential impact of investment strategies for combatting climate change.To shed light on this question, itemise the greenwashing risks of traditional climate investing strategies and promote new practices, EDHEC is organising a virtual presentation of the portfolio greenwashing study on September 21. Two sessions of this webinar will be held on September 21 at different times so please feel free to register for either:The morning session (10am CEST): Register hereThe afternoon session (5pm CEST): Register hereFor any additional information, please contact climate.webinar@edhec-dbd.com.This event will also be organized in French on September the 23rd. Click here to attend the event in French :See the event in FrenchPr Emmanuel Metais, PhD Dean, EDHEC Business SchoolAbout the EDHEC-Scientific Beta research chair on advanced ESG and climate investing:In 2012, EDHEC set up Scientific Beta, a "smart beta" index provider, on the strength of EDHEC Risk Institute's research on the quantitative management of equity portfolios. The quality of the research and the intellectual leadership of its team enabled Scientific Beta to rapidly become one of the leaders in the new forms of systematic management of equities, with a total of more than US$ 60 billion in assets under replication and institutional clients not only in Europe but also in North America and Asia. Sold to the Singapore Stock Exchange for over € 200 million at the beginning of 2020, Scientific Beta continues to cooperate with EDHEC, especially by participating in joint research projects and by co-financing a research chair on ESG and climate investing. This research chair, endowed with an annual budget of € 1 million, contributes to improving knowledge and supporting research into integrating ESG and climate dimensions into institutional investors' investment processes, risk management and asset allocation.
https://alumni.edhec.edu/fr/group/finance/38/calendar/webinar-the-climate-deserves-better-than-12/2021/09/21/19958
