CEU Electronic Theses and Dissertations, 2020
| Author | Sirosh, Ielyzaveta |
|---|---|
| Title | Environment Social and Governance reporting in Asset Management Company |
| Summary | Nowadays ESG becomes a substantial factor in the investments industry. ESG criteria are used by socially conscious investors to examine investments and assess a company’s impact on the world. Having a strong ESG approach and proceed a high ESG performance, the asset manager can generate real financial significance and benefits such as: ✓ Being more appealing to investors; ✓ Outstanding performance. A research by an asset manager Amundi, showed that between 2014–2017, its portfolios with high ESG scores outperformed competing investments; ✓ Better financial indicators. MSCI reports that high ESG rated companies faced lower cost of capital, have less volatile earnings and lower market risk compared to low-rated companies. An increase in disclosure, data and related research studies have enabled investors to take more of a “value” approach in investment, which seeks to exploit the relationship between ESG information and investment materiality. In the value-based approach, ESG information describes business risks or management performance as well as business opportunities. Developing standards of ESG reporting is presenting high-level overviews of the Company’s ESG mission statement and relevant business-level policy. The main goal of the project is to analyse the Company’s current status in terms of ESG reporting, compare it with peers, and as an output, to develop a minimal standard of ESG reporting across a group of alternative investment funds. |
| Supervisor | Szilagy, Peter |
| Department | Economics MSc |
| Full text | https://www.etd.ceu.edu/2020/sirosh_ielyzaveta.pdf |
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