Publications

All publications

• Policy Brief

  PB 3/2025: Towards Granular Climate Transparency in Mutual Funds: Informing the SFDR Review

  Climate-oriented mutual funds apply heterogeneous climate approaches, from Paris Alignment and CO₂ reduction targets to SDG13 and EU Taxonomy orientation, each linked to different investment…

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• Scientific publication

  Business Strategy and the Environment: From Diversity to Confusion? The Challenge of Biodiversity Footprint Quantification

  This study documents a significant disagreement between the biodiversity footprints of three major providers. This disagreement mainly stems from fundamental disagreement on the underlying methods…

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• Scientific publication

  The Energy Journal: Contracting Matters: Hedging Producers and Consumers With a Renewable Energy Pool

  Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis in 2022 shifted the…

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• Scientific publication

  Energy Research & Social Science: That’s none of my business: A holistic framework for evaluating corporate decarbonization at the core of business

  The contribution of large companies is needed to decarbonize energy systems and the production of goods and services. Many companies respond actively to increasing pressures…

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• Scientific publication

  Journal of Industrial Ecology: Assessing company sustainability impact: Status quo and way ahead

  The transition to a sustainable economy requires investments in companies capable of driving real-world transformations. Impact assessments are central to this, yet existing company impact…

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• Scientific publication

  Organization & Environment: Does Shareholder Signaling Matter for Corporate Strategy? A Study of ESG- and Carbon-Related Proposals

  Based on more than 7,000 shareholder proposals, this article argues that firms targeted by environmental, social, and governance (ESG)–related proposals subsequently improve their ESG performance.…

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• Scientific publication

  Organization & Environment: The Micro-Processes of Transitioning to a Circular Economy Through Capital Allocation: A Case of the Investment Field

  Financial stakeholders play a key role in facilitating the initiation and growth of new circular business models, as well as supporting substantial improvements in existing…

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• Scientific publication

  World Development Sustainability: Climate and environmental impacts of green recovery: Evidence from the financial crisis

  While main goal of stimulus packages is to boost economic activity after a crisis, they may also affect environmental outcomes. The aim of this paper…

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• Scientific publication

  The Economists’ Voice: Taxonomy Disclosure in the EU – A Useful Framework, Despite Current Challenges

  The EU Taxonomy is a classification system for sustainable economic activities and a framework for various regulatory initiatives. Its primary objectives are to enhance transparency,…

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• Scientific publication

  Finance Research Letters: Sustainable yet similar: Challenging the performance and risk assumptions of sustainable market indices

  Sustainable market indices are pivotal in the sustainable finance industry. This study examines if such indices exhibit a lower ESG risk relative to their benchmarks.…

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