Esg ratings divergence & developing a proprietary Esg scorecard

Detalhes bibliográficos
Autor(a) principal: Bonnike, Lucas Sander
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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spelling 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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