Why and How Investors Use ESG Information: Evidence from Global Survey

Amel-Zadeh, Amir and Serafeim, George (2018) Why and How Investors Use ESG Information: Evidence from Global Survey. Financial Analysts Journal. (Accepted)

This is the latest version of this item.

[img] PDF
Restricted to Repository staff only

Download (382kB)


Using survey data from mainstream investment organizations we provide insights into why and how investors use reported environmental, social and governance (ESG) information. Relevance to investment performance is the most frequent motivation followed by client demand, product strategy, and then ethical considerations. Important impediments to the use of ESG information are the lack of reporting standards. Among the different ESG investment styles, negative screening is perceived as the least investment beneficial and is driven by product and ethical considerations while full integration and engagement are considered more beneficial and are driven by relevance to investment performance.

Item Type: Article
Keywords: ESG, Sustainability, Investment Performance, Nonfinancial, Disclosure, accounting
Subject(s): Accounting
Date Deposited: 05 Mar 2018 12:14
Last Modified: 05 Mar 2018 12:14
Funders: not applicable
URI: http://eureka.sbs.ox.ac.uk/id/eprint/6773

Available Versions of this Item

Actions (login required)

Edit View Edit View