The ESG Initiative at Wharton offers numerous curricular and co-currlicular opportunities for Penn and Wharton students to help them gain the experience, knowledge, and skills to shape an ethical and sustainable world through business. Here are five ways you can get involved – and how to stay up to date with our program offerings.…Read More
(Outlet: The New York Times) Nearly two dozen Republican state treasurers around the country are working to thwart climate action on state and federal levels, fighting regulations that would make clear the economic risks posed by a warming world, lobbying against climate-minded nominees to key federal posts and using the tax dollars they control to punish companies that want to reduce greenhouse gas emissions.…Read More
(Outlet: The Boston Globe) President Biden’s rebound case of COVID-19 has highlighted the continued public health threat posed by the rapidly spreading BA.5 variant. COVID infections are becoming more common, with cases spiking in most states just when population immunity is dropping.…Read More
(Outlet: Financial Times) This past weekend we read with interest The Economist’s deep dive into environmental, social and governance (ESG) investing. The central argument is that ESG “is deeply flawed”; that it is riddled with greenwashing and has become “an unholy mess that needs to be ruthlessly streamlined”. Those who have been around this space for a while know there is a good bit of it that is indeed in need of a good pruning.…Read More
(Outlet: Washington Post) Vit Henisz comments on a new report about banks’ climate efforts.…Read More
Students at Wharton Impact Venture Associates (WIVA), an experiential investing program at the Wharton School, researched SuperBetter, a science-backed mental health startup addressing mental health challenges for youth. Impressed by its potential impact, they connected the company to the crowdfunding platform Republic.…Read More
Each year the Total Impact Portfolio Challenge invites student teams to put theory into practice to create a “100% impact portfolio” for a hypothetical client. This year’s client was a fictitious $250 million dollar university endowment with a focus on tackling climate change and income inequality. The student teams were tasked with building a portfolio and demonstrating how the portfolio meets the endowment’s impact goals, financial return goals, target asset allocation, and risk tolerance.…Read More
(Outlet: MarketWatch) – A nonprofit that pushes for better disclosure of corporate political spending is sharply expanding its effort to track how forthcoming companies are, with the greater scrutiny prompted by Wall Street’s largest money managers. …Read More
(Outlet: POLITICO) – ANTI-ESG GAINS STEAM — A lot of ink has been spilled on the upward trend of progressive shareholder resolutions at investor meetings.…Read More
