(Outlet: The Daily Pennsylvanian) Many students among the over 65,000 domestic and international applicants to Penn’s Class of 2028 applied to schools both in the United States and abroad. The Daily Pennsylvanian spoke with two international and two domestic students who applied to both universities abroad and in the United States to understand the differences in application processes and why all four ultimately chose Penn.…Read More
(Outlet: Bloomberg Law) A new shareholder advocacy group pulled off rare corporate ballot wins at Jack in the Box and Wingstop this year with proposals pushing the restaurant chains to set greenhouse gas emissions reduction targets for the first time.…Read More
(Outlet: Penn Today) From lower test scores to higher crime rates, economist R. Jisung Park of the School of Social Policy & Practice looks at the daily consequences of climate change.…Read More
The ESG Emphasis Finder is a powerful web application to help researchers, executives, and investors who wish to gain comprehensive insights into how much companies emphasize material and non-material ESG and how it changes over time.…Read More
(Outlet: E&E News) Sen. J.D. Vance has little love for ESG investing — going so far to call the socially conscious financial strategy a “massive racket” during a 2022 interview. But a review of financial disclosure forms filed by former President Donald Trump’s new running mate finds several investments that could fit neatly into an ESG portfolio. The investments add a new wrinkle to Vance’s mercurial relationship with climate politics. “Anyone with a really large portfolio is going to be pretty well-diversified across a lot of asset classes, including those that ESG investors might overweight,” said Daniel Garrett, an assistant professor of finance at the University of Pennsylvania’s Wharton School.…Read More
(Outlet: Inside Climate News) A class-action lawsuit against American Airlines filed by employees opposed to Environmental, Social and Governance (ESG) funds used in their 401(k)s could redefine how employers handle ESG investing and respond to further litigation. …Read More
(Outlet: The New York Times) Climate change is driving rates higher, but not always in areas with the greatest risk. Getting a detailed look at the cost of insurance in different parts of the United States has been almost impossible until now because private insurers don’t publicly disclose what they charge. But two researchers, Benjamin Keys, a professor of real estate at the University of Pennsylvania’s Wharton School, and Philip Mulder, a professor at the University of Wisconsin School of Business, found a workaround.…Read More
(Outlet: The Daily Pennsylvanian) The American Association of University Professors has adopted a resolution urging universities and pension boards, including the provider of Penn’s retirement plan, to divest from fossil fuels. …Read More
(Outlet: Reuters) A Supreme Court case upending how government regulators do their work thrusts Federal Reserve bank overseers into extended uncertainty and potential risk, although the ruling should not complicate the central bank’s ability to provide support to markets in times of stress.…Read More
(Outlet: The Pennsylvania Gazette) Wharton’s Zeke Hernandez hopes to bend the immigration debate toward a question rooted in his own research on capital investment and business formation: What do natives stand to gain?…Read More
