Press review
Washington Post
“The impact on market values is echoed in the second study, by the EDHEC Business School’s Risk Institute, albeit related to greenwashing rather than actual ESG violations. EDHEC analyzed the performance of the 500 largest U.S. companies between 2012 and 2017, comparing Newsweek Sustainability Rankings with ESG scores produced by London Stock Exchange Group Plc’s Refinitiv unit.(1) The researchers proposed that the former scores are “more reliable and accurate” than the latter, arguing that any widening of the gap in favor of the ESG valuation compared with the NWS count was evidence of greenwashing."
https://www.washingtonpost.com/business/corporate-values-do-have-a-market-price…
2022
