Esg ratings divergence & developing a proprietary Esg scorecard
Autor(a) principal: | |
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Data de Publicação: | 2020 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/105987 |
Resumo: | This paper analyses the divergence in Environmental, Social, and Governance(ESG) ratings between two leading providers: Sustainalytics and RobecoSAM.It finds that there are significant divergences in ratings between the two providers and that the rating correlation between them is much lower when compared to the correlation observed between credit rating agency scores. This applies to both their composite ESG ratings and their unidimensional Environmental, Social, and Governance scores. Additionally, this paper attempts to build a transparent, reliable, and cost-effective proprietary ESG scorecard by using a limited amount of data points, however the resulting scores are weakly correlated to the agency ratings. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Esg ratings divergence & developing a proprietary Esg scorecardESG ratingsESG rating agenciesProprietary ESG scorecardsESG scoringSustainable investmentsEnvironmentalSocialGovernance performanceCorporate sustainabilityDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper analyses the divergence in Environmental, Social, and Governance(ESG) ratings between two leading providers: Sustainalytics and RobecoSAM.It finds that there are significant divergences in ratings between the two providers and that the rating correlation between them is much lower when compared to the correlation observed between credit rating agency scores. This applies to both their composite ESG ratings and their unidimensional Environmental, Social, and Governance scores. Additionally, this paper attempts to build a transparent, reliable, and cost-effective proprietary ESG scorecard by using a limited amount of data points, however the resulting scores are weakly correlated to the agency ratings.Ribeiro, Gonçalo SommerRUNBonnike, Lucas Sander2023-01-03T01:30:21Z2020-01-242020-01-032020-01-24T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/105987TID:202494730enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:51:14Zoai:run.unl.pt:10362/105987Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:40:39.194857Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Esg ratings divergence & developing a proprietary Esg scorecard |
title |
Esg ratings divergence & developing a proprietary Esg scorecard |
spellingShingle |
Esg ratings divergence & developing a proprietary Esg scorecard Bonnike, Lucas Sander ESG ratings ESG rating agencies Proprietary ESG scorecards ESG scoring Sustainable investments Environmental Social Governance performance Corporate sustainability Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Esg ratings divergence & developing a proprietary Esg scorecard |
title_full |
Esg ratings divergence & developing a proprietary Esg scorecard |
title_fullStr |
Esg ratings divergence & developing a proprietary Esg scorecard |
title_full_unstemmed |
Esg ratings divergence & developing a proprietary Esg scorecard |
title_sort |
Esg ratings divergence & developing a proprietary Esg scorecard |
author |
Bonnike, Lucas Sander |
author_facet |
Bonnike, Lucas Sander |
author_role |
author |
dc.contributor.none.fl_str_mv |
Ribeiro, Gonçalo Sommer RUN |
dc.contributor.author.fl_str_mv |
Bonnike, Lucas Sander |
dc.subject.por.fl_str_mv |
ESG ratings ESG rating agencies Proprietary ESG scorecards ESG scoring Sustainable investments Environmental Social Governance performance Corporate sustainability Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
ESG ratings ESG rating agencies Proprietary ESG scorecards ESG scoring Sustainable investments Environmental Social Governance performance Corporate sustainability Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This paper analyses the divergence in Environmental, Social, and Governance(ESG) ratings between two leading providers: Sustainalytics and RobecoSAM.It finds that there are significant divergences in ratings between the two providers and that the rating correlation between them is much lower when compared to the correlation observed between credit rating agency scores. This applies to both their composite ESG ratings and their unidimensional Environmental, Social, and Governance scores. Additionally, this paper attempts to build a transparent, reliable, and cost-effective proprietary ESG scorecard by using a limited amount of data points, however the resulting scores are weakly correlated to the agency ratings. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-01-24 2020-01-03 2020-01-24T00:00:00Z 2023-01-03T01:30:21Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/105987 TID:202494730 |
url |
http://hdl.handle.net/10362/105987 |
identifier_str_mv |
TID:202494730 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
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1799138020941627392 |