Tag Archives: sustainability

The Sustainability Arbitrage Problem and Regulation of Private Companies 

By | June 7, 2022

The climate crisis presents a challenge of unprecedented scale for policymakers around the globe. Unsurprisingly, corporate governance has drawn considerable attention in this context from scholars and regulators alike. This has resulted in an abundance of policy proposals—some already implemented and others still being debated—to ensure that corporations play their part as the world transitions… Read More »

Regulating Sustainability Risk and Sustainable Investments in Europe

By | June 3, 2022

The emergence of EU sustainable finance policy is a product of a new world reality characterized by increasingly degrading environmental and social conditions on one hand,[1] and deeper awareness of the substantial damage to people and property that flows from these phenomena on the other.[2] Sustainable finance policy provides critical solutions to these serious problems by improving the… Read More »

Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution

By | June 2, 2022

In response to increasing pressures from activists, regulators, and governments, firms are accelerating the divestment of polluting assets. While this trend reflects mounting concerns about climate change, a natural question is how effective these divestments are in reducing pollution. On the one hand, Environmental, Social, and Governance (ESG) supporters can point to successful pressures that… Read More »