Some states backtrack on anti-ESG efforts, citing ‘unintended consequences’

BlackRock workers outside the firm's headquarters in New York. The asset manager has been a target for an anti-ESG campaign.

(Outlet: S&P Global Market Intelligence) Business researchers with the University of Pennsylvania’s Wharton School estimated in July 2022 that municipalities and other public entities in Texas would pay between $303 million and $532 million more in interest on the $32 billion they borrowed during the first eight months after those laws went into effect.Read More

2022 Wharton Climate Prof event sets the tone for the school’s new ESG Initiative

Bridge through trees next to a river

In a format inspired by Iron Chef and Wharton’s own Iron Prof events, nine Wharton faculty members with expertise spanning from philosophy to accounting came together Wednesday, October 12 to share their research on climate and business to about 100 attendees at the Wharton Climate Prof event. Hosted as a part of Penn’s Climate Week and as one of the Wharton Climate Center’s first events under its new home, the recently established ESG Initiative at the Wharton School, it drew a packed house of curious students, alumni, faculty, and staff.Read More