))
S2-E2 Flow-driven ESG returns with Philippe van der Beck
Manage episode 382451890 series 3455694
Content provided by Julian Kölbel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julian Kölbel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, I had a conversation with Philippe van der Beck, who wrote a fascinating paper (work in progress) titled "Flow-driven ESG returns". The paper highlights that investing $1 in sustainable mutual funds can increase the value of green firms by 40 cents. This raises questions about whether ESG investing really has an impact.
Philippe explains in detail how he arrived at this statement. He cautions that the impact is limited to the stock price, and it is challenging to say how it affects real outcomes. Nevertheless, it is an intriguing deep dive into how markets and prices move, and how sustainable investing may drive prices and behavior more than the standard models in finance would suggest.
17 episodes
Share
