Sustainable investing in emerging markets - environmental risk in Africa

Detalhes bibliográficos
Autor(a) principal: Zoffoli, Sofia
Data de Publicação: 2022
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/156048
Resumo: Climate change is now regarded worldwide as a major risk and organizations are under pressure to disclose their carbon footprint; African companies still lag behind their peers in developed markets and only a few voluntarily disclose carbon information. Through a factor-based approach designed to deal with the lack of ESG information, this paper examines the impact of integrating the E factor on an African investment universe. The results show an outperformance of brown portfolios over green portfolios, raising questions about whether investors in emerging markets value sustainability as much as investors in advanced markets.
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spelling Sustainable investing in emerging markets - environmental risk in AfricaCarbonAfricaClimate changeDisclosureClimate riskDomínio/Área Científica::Ciências Sociais::Economia e GestãoClimate change is now regarded worldwide as a major risk and organizations are under pressure to disclose their carbon footprint; African companies still lag behind their peers in developed markets and only a few voluntarily disclose carbon information. Through a factor-based approach designed to deal with the lack of ESG information, this paper examines the impact of integrating the E factor on an African investment universe. The results show an outperformance of brown portfolios over green portfolios, raising questions about whether investors in emerging markets value sustainability as much as investors in advanced markets.Ottonello, GiorgioRUNZoffoli, Sofia2023-07-31T15:12:13Z2023-01-122022-12-132023-01-12T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/156048TID:203312236enginfo: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:RCAAP2024-03-11T05:38:37Zoai:run.unl.pt:10362/156048Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:18.698526Repositório 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 Sustainable investing in emerging markets - environmental risk in Africa
title Sustainable investing in emerging markets - environmental risk in Africa
spellingShingle Sustainable investing in emerging markets - environmental risk in Africa
Zoffoli, Sofia
Carbon
Africa
Climate change
Disclosure
Climate risk
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Sustainable investing in emerging markets - environmental risk in Africa
title_full Sustainable investing in emerging markets - environmental risk in Africa
title_fullStr Sustainable investing in emerging markets - environmental risk in Africa
title_full_unstemmed Sustainable investing in emerging markets - environmental risk in Africa
title_sort Sustainable investing in emerging markets - environmental risk in Africa
author Zoffoli, Sofia
author_facet Zoffoli, Sofia
author_role author
dc.contributor.none.fl_str_mv Ottonello, Giorgio
RUN
dc.contributor.author.fl_str_mv Zoffoli, Sofia
dc.subject.por.fl_str_mv Carbon
Africa
Climate change
Disclosure
Climate risk
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Carbon
Africa
Climate change
Disclosure
Climate risk
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Climate change is now regarded worldwide as a major risk and organizations are under pressure to disclose their carbon footprint; African companies still lag behind their peers in developed markets and only a few voluntarily disclose carbon information. Through a factor-based approach designed to deal with the lack of ESG information, this paper examines the impact of integrating the E factor on an African investment universe. The results show an outperformance of brown portfolios over green portfolios, raising questions about whether investors in emerging markets value sustainability as much as investors in advanced markets.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-13
2023-07-31T15:12:13Z
2023-01-12
2023-01-12T00:00:00Z
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dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/156048
TID:203312236
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identifier_str_mv TID:203312236
dc.language.iso.fl_str_mv eng
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