Investors ignore ESG scores when hedging climate risks – Engle
The ability to withstand uncertainty matters more than green credentials, says Nobel laureate
For all the effort that has gone into creating metrics of a company’s environmental credentials, Nobel laureate economist Robert Engle says investors are paying the measures scant attention.
Speaking at the Adia Lab Symposium in Abu Dhabi on October 27, Engle said the market’s view about which companies will win and lose in the green transition has more to do with resilience amid uncertainty than
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