Publications

Publikationen

The members of the Sustainable Finance Research Platform publish their research in various formats.

The Platform’s Policy Briefs play a central role. In addition, there are discussion and working papers from the partner institutes as well as selected external publications.

All publications

  • Scientific publication

    European Journal of Operational Research: Non-Contour Efficient Fronts for Identifying Most Preferred Portfolios in Sustainability Investing

    The paper focuses on investors whose strength of interest in sustainability issues (such as environmental, social, and governance) causes ESG to become a third criterion…

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  • Scientific publication

    Climate Policy: Financing the transformation: a proposal for a credit scheme to finance the Paris Agreement

    To achieve the goals of the Paris Agreement, massive investments in the real economy are needed. We propose providing long-term interest subsidized loans to companies…

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  • Scientific publication

    Organization & Environment: Under Pressure? The Link Between Mandatory Climate Reporting and Firms’ Carbon Performance

    We examine whether and how mandatory climate reporting leads to changes in firms’ carbon emissions. Drawing on legitimacy theory and using a difference-in-differences design, we…

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  • Scientific publication

    Finance Research Letters: Disaggregating confusion? The EU Taxonomy and its relation to ESG rating

    This paper discusses the EU Taxonomy in the context of Environmental, Social, and Governance (ESG) ratings. ESG firm-level ratings tend to differ across ESG data…

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  • Scientific publication

    Corporate Finance: New evidence on German retail investors: The desire to make an impact

    To achieve the goals of the Paris Agreement, massive investments in the real economy are needed. We propose providing long-term interest subsidized loans to companies…

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  • Scientific publication

    NGFS occasional paper: A case study of environmental risk analysis methodologies: CARIMA – a capital market-based approach to quantifying and managing transition risks (UA & VfU)

    The impact of uncertainty associated with the ongoing transition towards a green and in particular low-carbon economy affects virtually all financial market participants. If the…

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  • Scientific publication

    Journal of Portfolio Management: Do Corporate Carbon Emissions Data Enable Investors to Mitigate Climate Change?

    Investors play an important role in combating climate change. We examine several types of currently available carbon emissions data in their capacity to enable investors…

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  • Scientific publication

    Journal of the Association of Environmental and Resource Economists: Cournot, Pigou, and Ricardo walk in a bar — Unilateral environmental policy and leakage with market power and firm heterogeneity.

    We study the determinants of emission leakage using a two-country general equilib-rium model with heterogeneous firms and Cournot competition. We show that firmsfrom the non-regulating…

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  • Scientific publication

    Business Strategy and the Environment: Between impact and returns: private investors and the sustainable development goals

    We investigate the expectations of wealthy private investors regarding the impact and financial return of sustainable investments. Our paper focuses on the sustainable development goals…

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  • Scientific publication

    Climate and Development: A focus on market imperfections can help governments to mobilize private investments in adaptation

    Climate change requires significant adaptation of economies, and the largest part of most economies is composed of private sector actors. In this Viewpoint, we argue…

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