April 4, 2022 By Kailun Yin Kailun Yin is a first-year graduate student from the Environmental Studies program at Penn, who is passionate about energy transition, geopolitics, and the future of sustainable aviation. She is also the graduate assistant for climate and sustainability programming at the Wharton Risk Center and…Read More
ESG Initiative News
Executive Pay Tied to ESG Goals Grows as Investors Demand Action
(Outlet: Bloomberg Law) – Chipotle, McDonalds, Caterpillar, and other companies are increasingly tying executive pay to environmental, social, and governance goals as more investors, regulators, and activists scrutinize corporate behavior.…Read More
14 Social Impact Leaders Receiving Loan Forgiveness Awards in 2022
The ESG Initiative is pleased to announce the 2022 recipients of the John M. Bendheim Loan Forgiveness Fund for Public Service.…Read More
Parametric Hurricane Protection in Dominica: Insights From Initial Adopters
February 11, 2022 By Susanna Berkouwer, Joshua Dean, and Kamen Velichkov Climate change is likely to increase the risk of catastrophic natural disasters, particularly for island nations due to their geography. Dominica, located in the eastern part of the Caribbean, is one such country. In 2017, Hurricane Maria caused an…Read More
The First Multi-Peril Disaster Insurance Product – A Q&A with Darren Wood of Recoop
January 5, 2022 Helen Wiley, interviewer In the face of escalating extreme weather events, having disaster insurance is becoming even more critical for households to secure greater financial resilience. However, few homeowners know that, for example, most homeowner insurance policies do not cover flooding resulting from a natural disaster event.…Read More
Campaign Finance Reform, Corporate Style
(Outlet: POLITICO) – PROGRESS — Campaign finance reform might be dead in Washington, but it’s making progress at the highest levels of corporate America.…Read More
Tackling the Climate Crisis: Can Business Lead the Way?
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
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