October 29, 2021 This post was originally published as a Knowledge@Wharton article on October 25, 2021. The world is running out of time to solve the climate crisis, and businesses are under increasing pressure to lead the charge. A recent United Nations panel report blamed human activity for rapidly warming the planet…Read More
ESG Initiative News
How Insurers Can Support Climate Adaptation
October 26, 2021 Kelly Hereid Kelly Hereid, PhD, CCRMP, is the director of catastrophe R&D at Liberty Mutual in the Corporate Enterprise Risk Management group. She specializes in climate change and emerging risks. She has a PhD in Geological Sciences from the University of Texas – Austin, focusing on climate…Read More
Impact Finance Research Consortium Receives Award from Catalytic Capital Consortium (C3)
The ESG Initiative at the Wharton School News Impact Finance Research Consortium Receives Award from Catalytic Capital Consortium (C3) Catalytic capital – investment capital that is patient, risk-tolerant, and flexible – is needed to fight inequality, climate change, and more. We’re proud that the Impact Finance Research Consortium (Wharton Social…Read More
Machine Learning Models for Predicting, Understanding and Influencing Health Perception
August 11, 2021 Ada Aka and Sudeep Bhatia Ada Aka is a doctoral student in the Marketing and Psychology departments at the Wharton School of the University of Pennsylvania. She is a 2019 and 2020 Russell Ackoff Doctoral Student Fellow and received grant funding for this research. Ada studies fundamental…Read More
The Role of Home Equity in Flood Insurance Demand
July 28, 2021 Yanjun (Penny) Liao and Philip Mulder With another active hurricane season ahead of us, the vulnerability of the U.S. coastal housing market will likely once again become a central policy topic. Studies have shown that homes without flood insurance suffer elevated rates of delinquencies and foreclosures after…Read More
Historic Preservation and Sea Level Rise
July 9, 2021 Kellie King Kellie King is a 2021 graduate of the Weitzman School of Design, where she earned a Master of City Planning with a focus in land use and environmental planning. She is passionate about climate change adaptation planning in coastal communities. Kellie is an AmeriCorps alumna…Read More
Electric Vehicle Subsidies: Holy Grail or Pandora’s Box?
June 30, 2021 Ashmit Vyas Ashmit Vyas is a rising senior in the School of Arts & Sciences majoring in Economics and in the Benjamin Franklin Scholars Program. Ashmit is interested in learning about ways in which government can work with firms to develop sustainable growth strategies; how world leaders…Read More
Encouraging Resiliency With Auto-Enrollment in Supplemental Flood Insurance Coverage
June 17, 2021 Lynn Conell-Price Can private insurance encourage homeowners to adapt their properties in order to reduce escalating flood losses from climate change? In a new research study with my coauthors, Howard Kunreuther and Carolyn Kousky, we find substantial demand for a novel supplementary flood insurance product that funds…Read More
WIVA Helps Facilitate Impact Investment into Ed-Tech Startup mytaptrack
The student team at Wharton Impact Venture Associates (WIVA) researched education technology startup mytaptrack and connected them to the crowdfunding platform Netcapital. …Read More
Using Nudges to Encourage Alternative Protein Consumption
June 8, 2021 Katie Collier Katie Collier is a senior in the College of Arts and Sciences studying Philosophy, Politics, and Economics with a minor in Cognitive Science. In addition to studying behavioral economics and decision making, she is interested in how the alternative protein market can mitigate the effects…Read More