ESG: a new dimension in portfolio allocation

Gespeichert in:

Autor*in:	De Spiegeleer, Jan [verfasserIn] Höcht, Stephan - 1981- [verfasserIn] Jakubowski, Daniel [verfasserIn] Reyners, Sofie [verfasserIn] Schoutens, Wim - 1972- [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2023

Schlagwörter:	ESG ESG ratings greenhouse gas intensity investment strategies portfolio allocation

Übergeordnetes Werk:	Enthalten in: Journal of sustainable finance & investment - Abingdon : Routledge, 2011, 13(2023), 2, Seite 827-867
Übergeordnetes Werk:	volume:13 ; year:2023 ; number:2 ; pages:827-867

Links:	Link aufrufen Link aufrufen

DOI / URN:	10.1080/20430795.2021.1923336

Katalog-ID:	1862646562

Internformat


LEADER	01000caa a2200265 4500
001	1862646562
003	DE-627
005	20240122144615.0
007	cr uuu---uuuuu
008	231012s2023 xx \|\|\|\|\|o 00\| \|\|eng c
024	7		\|a 10.1080/20430795.2021.1923336 \|2 doi
035			\|a (DE-627)1862646562
035			\|a (DE-599)KXP1862646562
040			\|a DE-627 \|b ger \|c DE-627 \|e rda
041			\|a eng
100	1		\|a De Spiegeleer, Jan \|e verfasserin \|0 (DE-588)1032786434 \|0 (DE-627)739328743 \|0 (DE-576)380286742 \|4 aut
245	1	0	\|a ESG: a new dimension in portfolio allocation \|c Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens
264		1	\|c 2023
336			\|a Text \|b txt \|2 rdacontent
337			\|a Computermedien \|b c \|2 rdamedia
338			\|a Online-Ressource \|b cr \|2 rdacarrier
650		4	\|a ESG \|7 (dpeaa)DE-206
650		4	\|a ESG ratings \|7 (dpeaa)DE-206
650		4	\|a greenhouse gas intensity \|7 (dpeaa)DE-206
650		4	\|a investment strategies \|7 (dpeaa)DE-206
650		4	\|a portfolio allocation \|7 (dpeaa)DE-206
700	1		\|a Höcht, Stephan \|d 1981- \|e verfasserin \|0 (DE-588)140220216 \|0 (DE-627)616948530 \|0 (DE-576)315447362 \|4 aut
700	1		\|a Jakubowski, Daniel \|e verfasserin \|4 aut
700	1		\|a Reyners, Sofie \|e verfasserin \|4 aut
700	1		\|a Schoutens, Wim \|d 1972- \|e verfasserin \|0 (DE-588)117770871X \|0 (DE-627)1048864588 \|0 (DE-576)517435373 \|4 aut
773	0	8	\|i Enthalten in \|t Journal of sustainable finance & investment \|d Abingdon : Routledge, 2011 \|g 13(2023), 2, Seite 827-867 \|h Online-Ressource \|w (DE-627)666212783 \|w (DE-600)2622381-8 \|w (DE-576)427954665 \|x 2043-0809 \|7 nnns
773	1	8	\|g volume:13 \|g year:2023 \|g number:2 \|g pages:827-867
856	4	0	\|u https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 \|x Verlag \|z lizenzpflichtig
856	4	0	\|u https://doi.org/10.1080/20430795.2021.1923336 \|x Resolving-System \|z lizenzpflichtig
912			\|a GBV_USEFLAG_U
912			\|a GBV_ILN_26
912			\|a ISIL_DE-206
912			\|a SYSFLAG_1
912			\|a GBV_KXP
912			\|a GBV_ILN_11
912			\|a GBV_ILN_20
912			\|a GBV_ILN_22
912			\|a GBV_ILN_60
912			\|a GBV_ILN_63
912			\|a GBV_ILN_65
912			\|a GBV_ILN_69
912			\|a GBV_ILN_70
912			\|a GBV_ILN_95
912			\|a GBV_ILN_100
912			\|a GBV_ILN_110
912			\|a GBV_ILN_151
912			\|a GBV_ILN_224
912			\|a GBV_ILN_285
912			\|a GBV_ILN_370
912			\|a GBV_ILN_647
912			\|a GBV_ILN_702
912			\|a GBV_ILN_2001
912			\|a GBV_ILN_2006
912			\|a GBV_ILN_2007
912			\|a GBV_ILN_2025
912			\|a GBV_ILN_2026
912			\|a GBV_ILN_2034
912			\|a GBV_ILN_2055
912			\|a GBV_ILN_2088
912			\|a GBV_ILN_2093
912			\|a GBV_ILN_2111
912			\|a GBV_ILN_2336
912			\|a GBV_ILN_2470
912			\|a GBV_ILN_2507
912			\|a GBV_ILN_2548
912			\|a GBV_ILN_4035
912			\|a GBV_ILN_4046
912			\|a GBV_ILN_4246
912			\|a GBV_ILN_4249
912			\|a GBV_ILN_4305
912			\|a GBV_ILN_4306
912			\|a GBV_ILN_4313
912			\|a GBV_ILN_4393
912			\|a GBV_ILN_4700
951			\|a AR
952			\|d 13 \|j 2023 \|e 2 \|h 827-867
980			\|2 26 \|1 01 \|x 0206 \|b 4385602263 \|y x1z \|z 12-10-23
982			\|2 26 \|1 00 \|x DE-206 \|b In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.

Indexfelder

author_variant	s j d sj sjd s h sh d j dj s r sr w s ws
matchkey_str	article:20430809:2023----::saedmninnotoi
hierarchy_sort_str	2023
publishDate	2023
allfields	10.1080/20430795.2021.1923336 doi (DE-627)1862646562 (DE-599)KXP1862646562 DE-627 ger DE-627 rda eng De Spiegeleer, Jan verfasserin (DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 aut ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens 2023 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206 Höcht, Stephan 1981- verfasserin (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 aut Jakubowski, Daniel verfasserin aut Reyners, Sofie verfasserin aut Schoutens, Wim 1972- verfasserin (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373 aut Enthalten in Journal of sustainable finance & investment Abingdon : Routledge, 2011 13(2023), 2, Seite 827-867 Online-Ressource (DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665 2043-0809 nnns volume:13 year:2023 number:2 pages:827-867 https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 Verlag lizenzpflichtig https://doi.org/10.1080/20430795.2021.1923336 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700 AR 13 2023 2 827-867 26 01 0206 4385602263 x1z 12-10-23 26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.
spelling	10.1080/20430795.2021.1923336 doi (DE-627)1862646562 (DE-599)KXP1862646562 DE-627 ger DE-627 rda eng De Spiegeleer, Jan verfasserin (DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 aut ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens 2023 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206 Höcht, Stephan 1981- verfasserin (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 aut Jakubowski, Daniel verfasserin aut Reyners, Sofie verfasserin aut Schoutens, Wim 1972- verfasserin (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373 aut Enthalten in Journal of sustainable finance & investment Abingdon : Routledge, 2011 13(2023), 2, Seite 827-867 Online-Ressource (DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665 2043-0809 nnns volume:13 year:2023 number:2 pages:827-867 https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 Verlag lizenzpflichtig https://doi.org/10.1080/20430795.2021.1923336 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700 AR 13 2023 2 827-867 26 01 0206 4385602263 x1z 12-10-23 26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.
allfields_unstemmed	10.1080/20430795.2021.1923336 doi (DE-627)1862646562 (DE-599)KXP1862646562 DE-627 ger DE-627 rda eng De Spiegeleer, Jan verfasserin (DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 aut ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens 2023 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206 Höcht, Stephan 1981- verfasserin (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 aut Jakubowski, Daniel verfasserin aut Reyners, Sofie verfasserin aut Schoutens, Wim 1972- verfasserin (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373 aut Enthalten in Journal of sustainable finance & investment Abingdon : Routledge, 2011 13(2023), 2, Seite 827-867 Online-Ressource (DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665 2043-0809 nnns volume:13 year:2023 number:2 pages:827-867 https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 Verlag lizenzpflichtig https://doi.org/10.1080/20430795.2021.1923336 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700 AR 13 2023 2 827-867 26 01 0206 4385602263 x1z 12-10-23 26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.
allfieldsGer	10.1080/20430795.2021.1923336 doi (DE-627)1862646562 (DE-599)KXP1862646562 DE-627 ger DE-627 rda eng De Spiegeleer, Jan verfasserin (DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 aut ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens 2023 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206 Höcht, Stephan 1981- verfasserin (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 aut Jakubowski, Daniel verfasserin aut Reyners, Sofie verfasserin aut Schoutens, Wim 1972- verfasserin (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373 aut Enthalten in Journal of sustainable finance & investment Abingdon : Routledge, 2011 13(2023), 2, Seite 827-867 Online-Ressource (DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665 2043-0809 nnns volume:13 year:2023 number:2 pages:827-867 https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 Verlag lizenzpflichtig https://doi.org/10.1080/20430795.2021.1923336 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700 AR 13 2023 2 827-867 26 01 0206 4385602263 x1z 12-10-23 26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.
allfieldsSound	10.1080/20430795.2021.1923336 doi (DE-627)1862646562 (DE-599)KXP1862646562 DE-627 ger DE-627 rda eng De Spiegeleer, Jan verfasserin (DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 aut ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens 2023 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206 Höcht, Stephan 1981- verfasserin (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 aut Jakubowski, Daniel verfasserin aut Reyners, Sofie verfasserin aut Schoutens, Wim 1972- verfasserin (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373 aut Enthalten in Journal of sustainable finance & investment Abingdon : Routledge, 2011 13(2023), 2, Seite 827-867 Online-Ressource (DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665 2043-0809 nnns volume:13 year:2023 number:2 pages:827-867 https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 Verlag lizenzpflichtig https://doi.org/10.1080/20430795.2021.1923336 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700 AR 13 2023 2 827-867 26 01 0206 4385602263 x1z 12-10-23 26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.
language	English
source	Enthalten in Journal of sustainable finance & investment 13(2023), 2, Seite 827-867 volume:13 year:2023 number:2 pages:827-867
sourceStr	Enthalten in Journal of sustainable finance & investment 13(2023), 2, Seite 827-867 volume:13 year:2023 number:2 pages:827-867
format_phy_str_mv	Article
building	26:1
institution	findex.gbv.de
selectbib_iln_str_mv	26@1z
topic_facet	ESG ESG ratings greenhouse gas intensity investment strategies portfolio allocation
sw_local_iln_str_mv	26: DE-206:
isfreeaccess_bool	false
container_title	Journal of sustainable finance & investment
authorswithroles_txt_mv	De Spiegeleer, Jan @@aut@@ Höcht, Stephan @@aut@@ Jakubowski, Daniel @@aut@@ Reyners, Sofie @@aut@@ Schoutens, Wim @@aut@@
publishDateDaySort_date	2023-01-01T00:00:00Z
hierarchy_top_id	666212783
id	1862646562
language_de	englisch
fullrecord	<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a2200265 4500</leader><controlfield tag="001">1862646562</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20240122144615.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">231012s2023 xx \|\|\|\|\|o 00\| \|\|eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1080/20430795.2021.1923336</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)1862646562</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KXP1862646562</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">De Spiegeleer, Jan</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1032786434</subfield><subfield code="0">(DE-627)739328743</subfield><subfield code="0">(DE-576)380286742</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">ESG: a new dimension in portfolio allocation</subfield><subfield code="c">Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2023</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">ESG</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">ESG ratings</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">greenhouse gas intensity</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">investment strategies</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">portfolio allocation</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Höcht, Stephan</subfield><subfield code="d">1981-</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)140220216</subfield><subfield code="0">(DE-627)616948530</subfield><subfield code="0">(DE-576)315447362</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Jakubowski, Daniel</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Reyners, Sofie</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Schoutens, Wim</subfield><subfield code="d">1972-</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)117770871X</subfield><subfield code="0">(DE-627)1048864588</subfield><subfield code="0">(DE-576)517435373</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Journal of sustainable finance & investment</subfield><subfield code="d">Abingdon : Routledge, 2011</subfield><subfield code="g">13(2023), 2, Seite 827-867</subfield><subfield code="h">Online-Ressource</subfield><subfield code="w">(DE-627)666212783</subfield><subfield code="w">(DE-600)2622381-8</subfield><subfield code="w">(DE-576)427954665</subfield><subfield code="x">2043-0809</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:13</subfield><subfield code="g">year:2023</subfield><subfield code="g">number:2</subfield><subfield code="g">pages:827-867</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336</subfield><subfield code="x">Verlag</subfield><subfield code="z">lizenzpflichtig</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1080/20430795.2021.1923336</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_U</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_26</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">SYSFLAG_1</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_KXP</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_11</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_20</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_22</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_60</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_63</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_65</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_69</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_70</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_95</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_100</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_110</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_151</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_224</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_285</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_370</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_647</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_702</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2001</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2006</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2007</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2025</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2026</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2034</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2055</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2088</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2093</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2111</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2336</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2470</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2507</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2548</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4035</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4046</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4246</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4249</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4305</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4306</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4313</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4393</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4700</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="952" ind1=" " ind2=" "><subfield code="d">13</subfield><subfield code="j">2023</subfield><subfield code="e">2</subfield><subfield code="h">827-867</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">01</subfield><subfield code="x">0206</subfield><subfield code="b">4385602263</subfield><subfield code="y">x1z</subfield><subfield code="z">12-10-23</subfield></datafield><datafield tag="982" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">00</subfield><subfield code="x">DE-206</subfield><subfield code="b">In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.</subfield></datafield></record></collection>
author	De Spiegeleer, Jan
spellingShingle	De Spiegeleer, Jan misc ESG misc ESG ratings misc greenhouse gas intensity misc investment strategies misc portfolio allocation ESG: a new dimension in portfolio allocation
authorStr	De Spiegeleer, Jan
ppnlink_with_tag_str_mv	@@773@@(DE-627)666212783
format	electronic Article
delete_txt_mv	keep
author_role	aut aut aut aut aut
typewithnormlink_str_mv	DifferentiatedPerson@(DE-588)1032786434 Person@(DE-588)1032786434 DifferentiatedPerson@(DE-588)140220216 Person@(DE-588)140220216 Person@(DE-588)117770871X DifferentiatedPerson@(DE-588)117770871X
collection	KXP GVK SWB
remote_str	true
last_changed_iln_str_mv	26@12-10-23
illustrated	Not Illustrated
issn	2043-0809
topic_title	26 00 DE-206 In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens ESG (dpeaa)DE-206 ESG ratings (dpeaa)DE-206 greenhouse gas intensity (dpeaa)DE-206 investment strategies (dpeaa)DE-206 portfolio allocation (dpeaa)DE-206
topic	misc ESG misc ESG ratings misc greenhouse gas intensity misc investment strategies misc portfolio allocation
topic_unstemmed	misc ESG misc ESG ratings misc greenhouse gas intensity misc investment strategies misc portfolio allocation
topic_browse	misc ESG misc ESG ratings misc greenhouse gas intensity misc investment strategies misc portfolio allocation
format_facet	Elektronische Aufsätze Aufsätze Elektronische Ressource
format_main_str_mv	Text Zeitschrift/Artikel
carriertype_str_mv	cr
hierarchy_parent_title	Journal of sustainable finance & investment
normlinkwithtype_str_mv	(DE-588)1032786434@DifferentiatedPerson (DE-588)1032786434@Person (DE-588)140220216@DifferentiatedPerson (DE-588)140220216@Person (DE-588)117770871X@Person (DE-588)117770871X@DifferentiatedPerson
hierarchy_parent_id	666212783
hierarchy_top_title	Journal of sustainable finance & investment
isfreeaccess_txt	false
familylinks_str_mv	(DE-627)666212783 (DE-600)2622381-8 (DE-576)427954665
normlinkwithrole_str_mv	(DE-588)1032786434@@aut@@ (DE-588)140220216@@aut@@ (DE-588)117770871X@@aut@@
title	ESG: a new dimension in portfolio allocation
ctrlnum	(DE-627)1862646562 (DE-599)KXP1862646562
title_full	ESG: a new dimension in portfolio allocation Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens
author_sort	De Spiegeleer, Jan
journal	Journal of sustainable finance & investment
journalStr	Journal of sustainable finance & investment
lang_code	eng
isOA_bool	false
recordtype	marc
publishDateSort	2023
contenttype_str_mv	txt
container_start_page	827
author_browse	De Spiegeleer, Jan Höcht, Stephan Jakubowski, Daniel Reyners, Sofie Schoutens, Wim
selectkey	26:x
container_volume	13
format_se	Elektronische Aufsätze
author-letter	De Spiegeleer, Jan
doi_str_mv	10.1080/20430795.2021.1923336
normlink	1032786434 739328743 380286742 140220216 616948530 315447362 117770871X 1048864588 517435373
normlink_prefix_str_mv	(DE-588)1032786434 (DE-627)739328743 (DE-576)380286742 (DE-588)140220216 (DE-627)616948530 (DE-576)315447362 (DE-588)117770871X (DE-627)1048864588 (DE-576)517435373
author2-role	verfasserin
title_sort	esg: a new dimension in portfolio allocation
title_auth	ESG: a new dimension in portfolio allocation
collection_details	GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_95 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2111 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4035 GBV_ILN_4046 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4313 GBV_ILN_4393 GBV_ILN_4700
container_issue	2
title_short	ESG: a new dimension in portfolio allocation
url	https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336 https://doi.org/10.1080/20430795.2021.1923336
ausleihindikator_str_mv	26
rolewithnormlink_str_mv	@@aut@@(DE-588)1032786434 @@aut@@(DE-588)140220216 @@aut@@(DE-588)117770871X
remote_bool	true
author2	Höcht, Stephan 1981- Jakubowski, Daniel Reyners, Sofie Schoutens, Wim 1972-
author2Str	Höcht, Stephan 1981- Jakubowski, Daniel Reyners, Sofie Schoutens, Wim 1972-
ppnlink	666212783
GND_str_mv	DeSpiegeleer, Jan Spiegeleer, Jan de De Spiegeleer, Jan Höcht, Stephan Schoutens, Wim
GND_txt_mv	DeSpiegeleer, Jan Spiegeleer, Jan de De Spiegeleer, Jan Höcht, Stephan Schoutens, Wim
GND_txtF_mv	DeSpiegeleer, Jan Spiegeleer, Jan de De Spiegeleer, Jan Höcht, Stephan Schoutens, Wim
mediatype_str_mv	c
isOA_txt	false
hochschulschrift_bool	false
doi_str	10.1080/20430795.2021.1923336
up_date	2024-07-04T10:00:44.129Z
_version_	1803642202107150336
fullrecord_marcxml	<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a2200265 4500</leader><controlfield tag="001">1862646562</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20240122144615.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">231012s2023 xx \|\|\|\|\|o 00\| \|\|eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1080/20430795.2021.1923336</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)1862646562</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KXP1862646562</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">De Spiegeleer, Jan</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1032786434</subfield><subfield code="0">(DE-627)739328743</subfield><subfield code="0">(DE-576)380286742</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">ESG: a new dimension in portfolio allocation</subfield><subfield code="c">Jan De Spiegeleer, Stephan Höcht, Daniel Jakubowski, Sofie Reyners and Wim Schoutens</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2023</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">ESG</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">ESG ratings</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">greenhouse gas intensity</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">investment strategies</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">portfolio allocation</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Höcht, Stephan</subfield><subfield code="d">1981-</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)140220216</subfield><subfield code="0">(DE-627)616948530</subfield><subfield code="0">(DE-576)315447362</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Jakubowski, Daniel</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Reyners, Sofie</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Schoutens, Wim</subfield><subfield code="d">1972-</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)117770871X</subfield><subfield code="0">(DE-627)1048864588</subfield><subfield code="0">(DE-576)517435373</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Journal of sustainable finance & investment</subfield><subfield code="d">Abingdon : Routledge, 2011</subfield><subfield code="g">13(2023), 2, Seite 827-867</subfield><subfield code="h">Online-Ressource</subfield><subfield code="w">(DE-627)666212783</subfield><subfield code="w">(DE-600)2622381-8</subfield><subfield code="w">(DE-576)427954665</subfield><subfield code="x">2043-0809</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:13</subfield><subfield code="g">year:2023</subfield><subfield code="g">number:2</subfield><subfield code="g">pages:827-867</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.tandfonline.com/doi/pdf/10.1080/20430795.2021.1923336</subfield><subfield code="x">Verlag</subfield><subfield code="z">lizenzpflichtig</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1080/20430795.2021.1923336</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_U</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_26</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">SYSFLAG_1</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_KXP</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_11</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_20</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_22</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_60</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_63</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_65</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_69</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_70</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_95</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_100</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_110</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_151</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_224</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_285</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_370</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_647</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_702</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2001</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2006</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2007</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2025</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2026</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2034</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2055</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2088</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2093</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2111</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2336</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2470</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2507</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2548</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4035</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4046</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4246</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4249</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4305</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4306</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4313</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4393</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4700</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="952" ind1=" " ind2=" "><subfield code="d">13</subfield><subfield code="j">2023</subfield><subfield code="e">2</subfield><subfield code="h">827-867</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">01</subfield><subfield code="x">0206</subfield><subfield code="b">4385602263</subfield><subfield code="y">x1z</subfield><subfield code="z">12-10-23</subfield></datafield><datafield tag="982" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">00</subfield><subfield code="x">DE-206</subfield><subfield code="b">In this paper, we examine the impact of including environmental, social and governance (ESG) criteria in the allocation of equity portfolios. We focus on the risk and return characteristics of the resulting ESG portfolios and investment strategies. Two specific measures are considered to quantify the ESG performance of a company; the ESG rating and the greenhouse gas (GHG) emission intensity. For both measures, we carry out empirical portfolio analyses with assets in either the STOXX Europe 600 or the Russell 1000 index. The ESG rating data analysis does not provide clear-cut evidence for enhanced performance of portfolios with either high or low ESG scores. We moreover illustrate that the choice of rating agency has an impact on the performance of ESG-constrained portfolios. The analysis on GHG intensities shows that portfolios with reduced emissions do not necessarily have increased risk or diminished returns.</subfield></datafield></record></collection>
score	7.397979

Nicht das Richtige dabei?

Schreiben Sie uns!

ESG: a new dimension in portfolio allocation

Nicht das Richtige dabei?

Zugang & Verfügbarkeit

Vorhandene Bände

Nicht das Richtige dabei?