Carbon Transition Risk and Net-Zero Portfolios
Event details
| Date | 12.05.2023 |
| Hour | 10:30 › 12:30 |
| Speaker | Professor Marcin Kacperczyk - Imperial College London |
| Location |
UniL Campus, Room Extra 126
|
| Category | Conferences - Seminars |
| Event Language | English |
We study the impact of net-zero carbon portfolios on the cross section of stock returns globally. We find that companies that face a bigger threat of being removed from the portfolios generate higher expected returns and have lower values. The results hold for both intensive and extensive margin of portfolio holdings and are robust to different choices of screening decision and measurements.
Practical information
- Informed public
- Free