About the Impact, Value, and Sustainable Business Initiative

Championing evidence-based research, practical insights, and educational programs that connect measurable impact to financial value and, as a result, sustainable business.
The Impact, Value, and Sustainable Business Initiative at the Wharton School (Wharton Impact) conducts evidence-based research on the gap between corporate and investors’ impacts on natural, social, and human capitals and their financial valuations. Informed by this research, we offer 30+ courses that MBA and undergraduate students can assemble into a major and concentration, over a dozen co-curricular experiences, four Executive certificate programs, as well as speaker series, workshops, and events, and an expanding array of industry and policy convenings. We advance Wharton’s best-in-class education of current and future leaders, equipping them with the tools, skills, and perspectives needed to navigate a more complex and interconnected world.

Research

We conduct academically rigorous and practically relevant research that investigates the gap between corporate and investors’ societal impacts and their financial valuations.

Education

Informed by research, we design cutting-edge curricular and co-curricular programs and interactive simulations for current and future business leaders.

Practice & Policy

Drawing on our research, alumni, and partners, our work informs strategy, innovation, valuations, investment flows, and policy.

Witold Henisz smiling in a light colored button down outside in front of trees and brown brick buildings.

WITOLD (VIT) HENISZ
Vice Dean and Faculty Director, Wharton Impact

BIO

Headshot of a person with short dark hair, smiling, wearing a black top and a thin gold necklace, against a plain light background.

SANDRA MARO HUNT
Managing Director, Wharton Impact

BIO

Sandi is the Managing Director of the Impact, Value, and Sustainable Business Initiative at the Wharton School. With over a decade of experience in impact leadership, she leads the Initiative in delivering best-in-class experiential learning opportunities and producing influential research to use business as a force for good. She has hosted the Dollars and Change podcast, served as a judge and speaker for impact events, and co-authored reports including “Four for Women,” “Can Investing in Public Equities Improve the Lives of Women?,” and the “Project Sage” series. Prior to joining Wharton, Sandi worked in consulting at Accenture and served as Vice President of Operations for a national nonprofit. She graduated with honors from Bucknell University.

 Faculty Leadership

A person wearing a suit standing outdoors, smiling, with sunlight filtering through trees in the background.

ARTHUR VAN BENTHEM
Professor of Business Economics and Public Policy, Faculty Co-Director of the Climate Center

A person in a navy blazer and light blue shirt smiling, standing indoors with a blurred background of large windows and a cityscape.

EXEQUIEL (ZEKE) HERNANDEZ
Max and Bernice Garchik Family Presidential Professor, Faculty Co-Director of the Political Risk and Identity Lab (on leave)

Headshot of a person with short hair, wearing a colorful scarf and a dark top, smiling at the camera against a neutral background.

KATHERINE KLEIN
Edward H. Bowman Professor, Professor of Management, Faculty Co-Director of the Impact Investing Research Lab

Smiling person with long hair in indoor setting, wearing a black jacket with a green shirt. Background shows a large window overlooking a blurred cityscape.

SARAH E. LIGHT
Mitchell J. Blutt and Margo Krody Blutt Presidential Professor, Professor of Legal Studies & Business Ethics, Faculty Co-Director of the Climate Center

Professional headshot of William Laufer in a white button down, dark tie, and black suit jacket looking off to the side in front of a grey backdrop.

WILLIAM S. LAUFER
Julian Aresty Endowed Professor, Professor of Legal Studies & Business Ethics, Sociology, and Criminology, and Faculty Co-Director of the Zicklin Center for Governance and Business Ethics

A person in formal attire, wearing a navy blazer and red top, smiles in front of large windows with a cityscape view.

MARY-HUNTER (MAE) MCDONNELL
Bantwal Family Goldman Sachs Presidential Associate Professor, Associate Professor of Management, Faculty Co-Director of the Zicklin Center for Governance and Business Ethics

Damon Phillips headshot

DAMON J. PHILLIPS
Robert Steinberg Professor of Management, Faculty Director of the Opportunity Lab

Tyler Wry smiling in a white button down shirt with a blue pattern and a navy suit jacket against a white wall

TYLER WRY
Associate Professor of Management, Faculty Co-Director of the Impact Investing Research Lab

Staff

A person smiling in a forest setting, wearing a red sweater over a white shirt and patterned tie, amidst autumn foliage.

Jeremy Berlinski
 Team Coordinator

Bio

As Team Coordinator, Jeremy Berlinski supports the team’s operations and student programming. Before joining Wharton Impact, Jeremy completed his BS in Social Innovation and Business Management at the Gabelli School of Business at Fordham University. He is vehemently passionate about being a part of, and having a positive influence on, the growing community that prioritizes all things related to social responsibility and environmental sustainability. In his free time, Jeremy enjoys staying active, exploring his creativity through different artistic mediums, and going to restaurants.

Headshot of a person smiling, wearing a dark blue shirt, against a plain dark background.

Michael Brown
 Head of Research

Bio

Michael Brown is the Head of Research at Wharton Impact, where he manages research on impact investing, corporate responsibility, and social enterprise. His responsibilities include planning studies on the business of social impact, data collection and analysis, synthesizing and disseminating findings, and consulting on impact assessment. Michael came to Wharton from the University of Chicago, where he completed a PhD in Sociology and served as a consultant to nonprofits on Chicago’s South Side. In his spare time Michael enjoys trying to learn how to be handier around the house, with usually mixed results.

Man in suit smiling in front of trees

Kenneth Chung
Postdoctoral Research Associate

Bio

Kenneth Chung is a Postdoctoral Research Associate at Wharton Impact. His research dives into how shareholder activism influences firms’ actions and adjustments to climate change and how those actions are associated with reductions in greenhouse gas emissions. More broadly, he’s passionate about bringing together environmental data with financial data to derive insights for better environmental stewardship. Kenneth holds a PhD in Environmental Engineering from the University of Michigan – Ann Arbor. When not in the office, Kenneth can be found listening to podcasts, shooting hoops, and doing yoga.

Headshot of a person smiling, wearing a white button-up shirt against a white marbled background.

Jay Corbin
 Program Coordinator

Bio

As Program Coordinator, Jay manages and supports the Initiative’s student programs. He looks forward to helping students find a program that will hopefully strengthen their desire to pursue a career in social impact. In his free time, Jay can be found reading business and technology books, listening to podcasts, going to the gym, and spending a lot of time on the beach.

Professional headshot of woman smiling in black and white top with mustard yellow suit jacket in front of grey background

Emma Davis
Associate Director of Communications and Engagement

Bio

As the Associate Director of Communications and Engagement, Emma oversees strategic communications, stakeholder engagement, and data-driven marketing efforts. Previously, she led communications at Earth Hacks, overseeing recruitment and storytelling for global environmental hackathons focused on equitable climate solutions. She also consulted with the IFRS (formerly the Value Reporting Foundation) to help develop a global baseline for climate-related financial disclosures. Emma holds a Bachelor’s degree in Biology from the University of California, Los Angeles (UCLA) and a Master’s degree in Climate and Society from Columbia University, where she was part of the inaugural class at the Climate School. Outside of work, she enjoys cozy video games, engaging in climate action, and reading with her library card.

Eli Emigh smiles into camera wearing a pink button down shirt and a navy blazer.

Eli Emigh
Program Manager of Impact Investments

Bio

As Program Manager of Impact Investments, Eli manages two key experiential learning programs: Wharton Impact Venture Associates (WIVA) and the Fund for Health, where he guides students in sourcing and researching impact investing opportunities. Eli earned his MPA from New York University with a specialization in Social Impact, Innovation, and Investment. His career began in policy and advocacy, working with students at state and local levels. He later transitioned to impact investing where he worked at 17 Asset Management, co-founded a startup focused on impact investment deal flow, and supported startups in an advisory capacity. Outside of work, Eli enjoys outdoor activities with his dogs, staying active, exploring new restaurants, and gaming with friends.

Woman smiling in black turtleneck and grey blazer with arms crossed

Jillian Emory
 Director of Student Programs

Bio

As the Director of Student Programs, Jillian oversees the strategic development of experiential learning programs for students who wish to learn more about impact-related topics and strengthen their skill sets. Previously, she worked at the Career Services and Penn Abroad departments within the University of Pennsylvania. Jillian holds a B.A. in Italian Studies from Ramapo College of New Jersey, an M.S.Ed. in Higher Education from the University of Pennsylvania Graduate School of Education, and is currently a student in the Ed.D. in Higher Education program at Penn GSE, where she is focusing her studies and research on the integration of Generative Artificial Intelligence in higher education. Besides working and studying at Penn, Jillian enjoys traveling, doing yoga, and trying new restaurants in Philadelphia.

Juliet Gelfman Randazzo smiling in a white button down and black sweatervest against a white backdrop

Juliet Gelfman-Randazzo
Communications and Engagement Coordinator

Bio

As the Communications and Engagement Coordinator, Juliet Gelfman-Randazzo manages event production and coordination, communications, and content through the Initiative’s social channels, website, and newsletter. Prior to joining Wharton Impact, Juliet completed her MFA in Creative Writing with a concentration in creative nonfiction at Rutgers University-Camden and her bachelors degree in English with a film minor from Wesleyan University. In her free time, Juliet enjoys quilting and writing poems.

Maithili Kamble smiles into the camera, wearing a white shirt and green sweater against a neutral backdrop.

Maithili Kamble
Research Officer

Bio

Maithili Kamble is a Research Officer at Wharton Impact. Maithili is contributing to research projects led by various principal investigators, focusing on econometric analysis and research management. Prior to joining our team, she earned a Master’s in International and Development Economics from Yale University and holds a B.A. (Hons.) in Economics from Lady Shri Ram College for Women, Delhi University. Maithili’s research interests lie at the intersection of applied microeconomics, development, and social policy. In her free time, she likes reading, swimming, and listening to bollywood songs.

Headshot of a smiling person in a suit and tie, standing outdoors with a blurred background of grass and trees in autumn.

Alex Pappas
Research Manager

Bio

Alex is a Research Manager focusing on firm-level ESG impacts. In addition to engaging in research, he also manages research grants, a team of graduate and undergraduate research assistants, and the ESG Data Warehouse. Before joining Wharton, Alex earned his Master’s of Finance and Economics from Warwick Business School and holds undergraduate degrees in both Business Administration and Economics from American University. Alex’s research interests include the use of ESG metrics in asset pricing and returns forecasting, E,S, and G risk premia, and the application of machine learning to financial time-series forecasting. In his free time Alex can often curled up with a good book, playing video games, or photosynthesizing by the pool.

A person in a business suit and striped tie smiling, set against a dark background. Headshot.

Rajith Sebastian
Head of Impact Investments

Bio

Rajith Sebastian is the Head of Impact Investments at Wharton Impact, leading the overall strategy related to ESG and Impact Investments. Rajith created and manages teams that oversee several best-in-class experiential investing and consulting programs across the ESG investing / impact investing spectrum. These include the Wharton Impact Venture Associates, the Penn Medicine – Wharton Fund for Health, and the Wharton ESG Integration Program. Prior to joining the ESG Initiative, and during his MBA, Rajith worked on raising an Africa-focused private credit impact vehicle, in collaboration with a large global bank. Rajith has 12 years of investment banking and private equity experience, primarily across Sub Saharan Africa and China, and has worked on over $8bn worth of transactions across these markets. He served in senior investment banking roles at Standard Chartered Bank and Nedbank, was a VP at Chinavest (a Shanghai based PE group), and started off his career in management consulting at the Monitor Group (now Monitor-Deloitte). He has a Bachelor of Business Science degree from the University of Cape Town, an MBA from the Wharton School, and is a CFA Charterholder. He lives in Philly, and enjoys time with his wife and two young boys.

A headshot of a person with dark hair, wearing a gray blazer and a necklace, standing outdoors on a tree-lined path.

Yuri Seung
Program Manager

Bio

Yuri manages the Initiative’s experiential learning opportunities for graduate and undergraduate students. She previously worked at the Office of University and Community Partnerships at Drexel University, and Bloomberg Philanthropies. In addition to her work at Wharton Impact, Yuri is currently creating a conceptual writing project as a graduate student at the University of Pennsylvania. When not working or studying she enjoys experimental records, skincare, and fitness training.

Wharton Research Faculty

Valentina Assesnova, Assistant Professor of Management

Susanna Berkouwer, Assistant Professor of Business Economics and Public Policy

Natalie Carlson, Assistant Professor of Management

Marius Guenzel, Assistant Professor of Finance

Ben Keys, Professor of Real Estate & Finance

Daniel (Danny) Kim, Assistant Professor of Management

Cait Lamberton, Professor of Marketing

Saerom (Ronnie) Lee, Assistant Professor of Management

Lu Liu, Assistant Professor of Finance

Santiago Gallino, Associate Professor of Operations, Information and Decisions

Daniel Garrett, Assistant Professor of Finance

Britta Glennon, Assistant Professor of Management

Mauro Guillen, Professor of Management

Julian Jonker, Assistant Professor of Legal Studies & Business Ethics

Samir Nurmohamed, Associate Professor of Management

Jisung Park, Assistant Professor of Business Economics and Public Policy (secondary appointment)

Leandro Pongeluppe, Assistant Professor of Management

Pari Sastry, Assistant Professor of Finance

Sagar Saxena, Assistant Professor of Business Economics and Public Policy

Sandra Schaufhautle, Assistant Professor of Accounting

Carol Seregnie, Assistant Professor of Accounting

Marisa Sharif, Associate Professor of Marketing

Neha Sharma, Assistant Professor of Operations, Information and Decisions

Maurice Shweitzer, Professor of Operations, Information and Decisions

Christina Skinner, Associate Professor of Legal Studies and Business Ethics

Robert Stambaugh, Professor of Finance

Luke Taylor, Professor of Finance

Lynn Wu, Associate Professor of Operations, Information and Decisions

Pinar Yildrim, Associate Professor of Marketing

Frank Zhou, Assistant Professor of Accounting

Christina Zhu, Associate Professor of Accounting

Wharton Doctoral Students

Christopher Bruno, Doctoral Candidate in Management

Rachel Ciuli, Doctoral Student in Marketing

Anastasia Gracheva, Doctoral Student in Management

Gina Jouaneh, Doctoral Student in Management

Aimee La France, Doctoral Student in Management

Harriet Jeon, Doctoral Candidate in Health Care Management

Seyoun Kim, Doctoral Candidate in Health Care Management

Ashley Litwin, Doctoral Student in Applied Economics

Prakash Mishra, Doctoral Candidate in Applied Economics

Sophia Pink, Doctoral student in Operations, Information and Decisions

Vishrut Rana, Doctoral candidate in Operations, Information and Decisions

Guilherme Siqueira, Doctoral student in Legal Studies & Business Ethics

Vinay Subramanian, Doctoral Candidate in Management

Ruochen Sun, Doctoral student in Health Care Management

Doron Tadmor, Doctoral Candidate in Management

Emily Ulrich, Doctoral Candidate in Management

Wharton Research Fellows

Jack Auslander, Junior Research Fellow

Nathan Barrymore, Senior Research Fellow

Matteo Burato, Junior Research Fellow

Ludovica Castiglia, Senior Research Fellow

Kevin Chuah, Senior Research Fellow

Mark DesJardine, Senior Research Fellow

Brian Ganson, Senior Research Fellow

Aline Gatignon, Senior Research Fellow

Michael Gavin, Senior Research Fellow

Tony He, Senior Research Fellow

Anne Jamison, Senior Research Fellow

Matt Josefy, Senior Research Fellow

Jean-Marie Meier, Senior Research Fellow

Kate Odziemkowska, Senior Research Fellow

Harald Puhr, Senior Research Fellow

Rachelle Sampson, Senior Research Fellow

Tim Werner, Senior Research Fellow

Contact Us

The Impact, Value, and Sustainable Business Initiative