(Outlet: The Guardian) ‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say.…Read More
How climate risks are driving up insurance premiums around the US – visualized
ESG Initiative News
ESG Initiative Researcher Receives Ripple’s UBRI Visionary Award
We are proud to announce that Kenneth Chung, Postdoctoral Research Associate at the ESG Initiative, has received Ripple’s 2024 University Blockchain Research Initiative (UBRI) Visionary award. This award recognizes outstanding achievement in blockchain academia.…Read More
Fighting for Indigenous Rights: How ESG Helps Make the Case
Cherokee economist Rebecca Adamson has partnered with Wharton’s ESG Initiative to support research on the social costs of development on or near indigenous land. She said stakeholders need truthful, accurate information as native populations across the globe are under increasing pressure from development.…Read More
How CFOs can drive growth amid geopolitical uncertainty
(Outlet: CFO.com) CFOs who embrace a geostrategy will have more confidence to guide their companies to success, write Courtney Rickert McCaffrey, EY Global geostrategy insights leader and director of business and CXO insights at Ernst & Young; Oliver Jones, EY Global SaT markets, sustainability and geostrategy leader at Ernst & Young; and Witold J. Henisz, vice dean and faculty director of ESG Initiative at The Wharton School.…Read More
What Trump’s Win Could Mean for Immigrant Workers—and the Companies That Employ Them
(Outlet: Inc.) Research shows that it’s often not easy for companies to replace immigrant labor with American workers, says Britta Glennon, an assistant professor of management at the Wharton School. And that can leave business leaders in a tricky spot. …Read More
Grocery prices are high. Trump’s mass deportations could make matters worse
(Outlet: CNN Online) Americans are fed up with high grocery store bills and they’re hoping President-elect Donald Trump will bring relief. Yet one of Trump’s central campaign promises could exacerbate sticker shock at the checkout.…Read More
The housing market’s home insurance shock, as told by an interactive map
(Outlet: Fast Company) Nine of the 15 major U.S. counties with the largest home insurance increases are in Florida.…Read More
Carbon markets give environmentalists hope after US elections
(Outlet: Reuters) A rare bright spot for environmentalists in last week’s U.S. election results came in Washington State, where voters easily defeated an attempt to end the state’s carbon market by a margin of 62% to 38%. Analysts said the result was in line with widespread interest in the structures that allow investors to put a price on emissions.…Read More
On a Mission to Go Greener
(Outlet: Wharton Magazine) These Wharton veterans are leading the way on key environmental and sustainability efforts in business.…Read More
Everyone’s ignoring these investors’ warnings on climate risk. You shouldn’t.
(Outlet: The Washington Post) Benjamin Keys, a real estate and finance professor at the University of Pennsylvania’s Wharton School, is forecasting a more gradual decline in regional markets, rather than an imminent severe downturn.…Read More