(Outlet: Marketplace) Originally, socially responsible investing was about avoiding unsavory industries like tobacco. Now, it’s about thoughtfully choosing where to put your money.…Read More
Jennifer Savoie, senior associate director in Wharton MBA Career Management, gives advice and insights into how job seekers can build meaningful, dynamic careers across ESG topics and industries.…Read More
(Outlet: Harvard Business Review) Instead of conceiving of the firm as a collection of managers writing contracts specifying roles and tasks and then struggling to get workers to comply, we need to develop theories that better match the organizations we lead, study, advise, and report on, argues Witold J. Henisz, Vice Dean of the ESG Initiative at the Wharton School.…Read More
The Environmental, Social and Governance (ESG) Initiative at the Wharton School of the University of Pennsylvania has released a new research report sharing insights on the current state of corporate social responsibility (CSR) and ESG investing practices among a diverse range of large U.S. for-profit and nonprofit organizations.…Read More
(Outlet: ABC News) As climate disasters grow more costly, insurers aren’t paying policies. “The insurer’s goal is to collect more in premiums than they pay out in claims,” said Ben Keys, University of Pennsylvania Wharton School of Business professor of real estate and finance. “We’re seeing higher costs of materials, higher costs of labor, and those are growing faster than inflation.”…Read More
(Outlet: ABC News) As climate change continues to cause disasters across the country, some people in the most high-risk areas that have already seen massive destruction say they are being left behind. Experts say the situation has been compounded for a number of reasons, including insurers arguing that the risk of doing business there is just too high due to the elevated risk of wildfires and California laws that restrict how the insurance companies can price out their policies.…Read More
(Outlet: The Conversation) Witold J. Henisz, Anne Jamison, and Brian Ganson discuss the findings of their comprehensive study of thousands of projects of the International Finance Corporation (IFC), the private sector arm of the World Bank Group. …Read More
(Outlet: PLANADVISER Online) When it comes to market investing, ESG stocks are difficult to define and benchmark, said Witold Henisz, the vice dean and faculty director of the ESG Initiative at the University of Pennsylvania’s Wharton School. But that is not necessarily uncommon in the world of equities.…Read More
(Outlet: Financial Times) Witold Henisz, Vice-Dean and Faculty Director of the ESG Initiative at the Wharton School, responds to Aswath Damodaran’s recent opinion piece “ESG is beyond redemption and deserves to RIP.” …Read More
(Outlet: IR Magazine) A record number of companies have achieved ‘trendsetter’ status for their transparency around political spending in the 2023 CPA-Zicklin Index of Corporate Political Disclosure and Accountability. …Read More
