Centre of excellence – where investors, companies, authorities, researchers, and individuals can get guidance on how to develop, treat, and relate to ESG.

Download the Integrated Ratio Guideline – here

Center for ESG Research is proud to introduce our new Integrated Ratio Guideline. It contains a range of ESG and integrated ratios, and we both provide the formulas, and explain how the ratios should be used. Finally, we have also included a few suggestions for standard ESG notes.

Analysis of the 50 largest Danish companies’ CSR reporting

FSR - Danish Auditors hired Center for ESG Research to investigate the usability of the CSR reports of the 50 largest Danish companies - listed as well as unlisted. The analysis covers both the robustness [...]

Center for ESG Research interviewed by AM Watch

Center for ESG Research is interviewed by AM Watch to explore explanations for the retail investors use of the Morningstar ESG rating system – and potential use of a new low-carbon ratings. See here. (You [...]

Are Passive Investors a Challenge to Corporate Governance?

Corporate governance theories generally suggest that institutional investors could effectively improve the quality of governance through intervention and threat to exit. However, passive institutional investors such as index funds and ETFs lack the ability to [...]

Yale University: Corporate Sustainability Metrics: What Investors Need and Don’t Get

While traditional socially responsible investors use Environment, Social, and Governance (ESG) performance metrics to exclude “bad actor” companies from their portfolios, the new interest comes from those who hope to match or beat market performance [...]

Accountancy Europe & WBCSD: Responding to assurance needs on non-financial information

Non-financial information (NFI) provides a clearer picture of a company’s financial performance than only financial information. NFI is increasingly important for investors and other stakeholders, who ask for assurance on NFI as they want to [...]

TCFD Knowledge Hub appreciates the Integrated Ratio Guideline

The TCFD Knowledge Hub has been launched - and can be found here. The Hub works as a database of useful and inspiring guidelines, examples, and legislations from around the world, whereby companies can find [...]

BlackRock vs Norway Fund at Shareholder Meetings: Institutional Investors’ Votes on Corporate Externalities

Do institutional investors engage with companies on corporate externalities such as greenhouse gas emissions? And if so, why? We study voting at shareholder meetings by two emblematic global investors: BlackRock, a major asset manager, and [...]

Consequences of CEO Paycuts

Boards sometimes cut a CEO’s pay following poor performance. This study examines whether such CEO paycuts really work. We identify 1,496 instances of large CEO paycuts during the period 1994-2013. We then create a propensity-score-matched [...]

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