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ESG 2.0: ESG for Impact Research Primer

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An overview of the evolution and limitations of ESG investing, and a proposal for ESG 2.0: a more rigorous framework that draws on impact investing, impact measurement, and financial materiality to better evaluate corporate social and environmental impact. Read More

Subsidies for Clean Cookstoves Abate Carbon at $7 per Ton

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(Outlet: Kleinman Center for Energy Policy) How effective are improved cookstoves subsidies? Using a randomized trial in Nairobi that accounts for additionality and impact, we estimate a cost of $7 per ton of CO₂e, making them more effective than nearly all other climate subsidies. Each dollar of cookstove subsidy abates approximately 200 times more CO₂e ...Read More

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Greenhushing: When Firms Do More Than They Say

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Some companies downplay their environmental efforts, a practice known as greenhushing. A new working paper co-authored by Wharton’s Serguei Netessine finds that this gap between what firms say and what they do is associated with higher subsequent abnormal stock returns.Read More

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