This Risk.net special report comprises a series of articles that reflect on the latest initiatives for consistent standardised global frameworks for measuring ESG, consider the methodologies investors are using to make measurable progress for people and…
Appetite for ESG funds has never been higher. Inflows exceeded $180 billion in the first quarter of 2021 – equal to the whole of 2019 – and, according to some estimates, ESG funds are set to outnumber conventional ones by 2025. A forum of industry…
SSGA will vote against companies that do too little on climate, but won’t abandon them entirely
Risk disclosures in annual reports: the role of nonfinancial companies listed on the Athens stock exchange
This study analyzes the risks disclosed by all nonfinancial companies listed on the Athens stock exchange by undertaking content analysis of their annual reports during the period 2005–11.
Asset managers must put pressure on the companies they invest in
Asset manager Aegon hits out at “flawed” ESG ratings methodologies
Starting with an expert assessment of the climate risk factors over a specified horizon, then moving to a description of the expected number of climate events and the severity of the losses if an event occurs, the authors describe a framework to analyze…
Vague rules leave managers unsure which categories to apply to their funds
State fund and MIT’s business school look to improve ESG data and to reflect all investors’ views
The authors investigate the financial structure of Jet Airways, with the aim of understanding whether financial turbulence for an airline company can constitute an antecedent for predicting the risk of bankruptcy.
Social intel proves elusive as virus reawakens sense of corporate virtue
Meaningful data analysis critical to future of socially responsible investing, writes Antonia Lim
Asia Risk Awards 2020
This paper studies the growth by acquisition strategy embarked upon by a mid-sized UK bank, the Co-operative Bank; this strategy was a disaster, leaving a heretofore successful bank in dire trouble and on the block for buyers at a substantial discount to…
Amid a global push towards green policies, the reality of overhauling how industries worth trillions of dollars operate is causing concern. A forum of market participants and sponsors of this report discuss the levels of awareness of climate risk and its…
Difference between the determinants of operational risk reporting in Islamic and conventional banks: evidence from Saudi Arabia
In this study, the author investigates the operational risk reporting practices of Islamic banking institutions (IBIs) and conventional banks (CBs) in Saudi Arabia. Moreover, the author explores the joint effect of banking characteristics, corporate…
With investors sometimes struggling to find hedge funds that deliver uncorrelated, consistent returns, Sandbar Asset Management stands out from its peers. Its success in running an equity market-neutral strategy is a reflection of its founder and chief…
Asic criticises boards and management for immature oversight of op risks
In this paper, the authors conduct an analysis of model risk in an attempt to understand the main issues that lead to failures and the best way to address such issues.
This paper interprets the principles of good governance and corporate governance in the context of distributed ledger technologies, namely blockchain, analyzing specif- ically how these principles apply to a blockchain-enabled energy market.
Internal governance and control risks primary cause of 14% of failures
One trendy investment approach reinforces another
Separation "theoretically perfect" but "practically, hugely flawed" says UBS's Hunt