(Outlet: Wharton Magazine) A longtime proponent of impact investing, Bobby Turner W84 is helping communities tackle some of their toughest challenges and setting students up to pursue their passions in the space.…Read More
For a Greater Purpose
ESG Initiative News
Climate Change Is Destabilizing Insurance Industry
(Outlet: Scientific American) Benjamin Keys, a professor of real estate and finance at the University of Pennsylvania’s Wharton business school, testified in front of the Senate Budget Committee on the growing risks from climate change and rising reinsurance costs.…Read More
Opinion: Biden’s veto supports free markets, not ‘woke’ capitalism
(Outlet: CNN) Professor Witold Henisz, Vice Dean of Wharton’s ESG Initiative, argues that the veto supports free markets in their assessments of long-term financial performance, which could be affected by factors like the degree of global warming or success transitioning to clean energy. “ESG investing is not about values, nor is it woke or ideological. It’s about being fiduciarily responsible,” he writes.…Read More
Wharton Women in ESG
This March, the ESG Initiative celebrates International Women’s Day and Women’s History Month. Meet the women trailblazing the future of ESG, engage with our leading gender lens investing research, learn about the projects we support by and for women, and more.…Read More
Risky Business: How Climate Change is Changing Insurance Markets
(Outlet: United States Senate Committee on the Budget) Wharton Prof. of Real Estate Benjamin Keys delivered a senate testimony on how climate change is affecting insurance markets. …Read More
Wharton ESG Initiative Fall 2023 Course Spotlight
The Environmental, Social and Governance (ESG) Initiative at the Wharton School is excited to highlight ten of the many ESG related courses to be offered in the fall semester at the University of Pennsylvania. As demand for ESG related courses continues to grow at the MBA and undergraduate levels, we are expanding our broad and multifaceted curriculum to deepen our students’ knowledge, expand their toolkit, and power their impact.…Read More
Key takeaways from The People Factor: How Investing in Employees Pays Off
(Outlet: CPP Investments) Witold Henisz, Vice Dean of the ESG Initiative, joins CPP Investments and FCLTGlobal to discuss new research that shows there can be a payoff for employers that back up employee-centric talk with investments in their workforce, but it requires a thoughtful approach that includes effective communication to investors and multiple investment levers.…Read More
Measuring Vehicle Exhaust Standards Over Time
(Outlet: Analytics at Wharton) Analytics at Wharton provides funding to a wide variety of research initiatives. In this research spotlight, they profile Arthur van Benthem, Assistant Professor of Business Economics and Public Policy and co-director of the Wharton Climate Center, on his research into vehicle exhaust standards over time.…Read More
Transformative change starts with responsible research
(Outlet: Times Higher Education) We have a duty to teach the next generation of business leaders about inclusivity, sustainability and corporate responsibility, say Erika H. James and Ilian Mihov.…Read More
Some states backtrack on anti-ESG efforts, citing ‘unintended consequences’
(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