The ESG Emphasis Finder is a powerful web application to help researchers, executives, and investors who wish to gain comprehensive insights into how much companies emphasize material and non-material ESG and how it changes over time.…Read More
(Outlet: E&E News) Sen. J.D. Vance has little love for ESG investing — going so far to call the socially conscious financial strategy a “massive racket” during a 2022 interview. But a review of financial disclosure forms filed by former President Donald Trump’s new running mate finds several investments that could fit neatly into an ESG portfolio. The investments add a new wrinkle to Vance’s mercurial relationship with climate politics. “Anyone with a really large portfolio is going to be pretty well-diversified across a lot of asset classes, including those that ESG investors might overweight,” said Daniel Garrett, an assistant professor of finance at the University of Pennsylvania’s Wharton School.…Read More
(Outlet: Inside Climate News) A class-action lawsuit against American Airlines filed by employees opposed to Environmental, Social and Governance (ESG) funds used in their 401(k)s could redefine how employers handle ESG investing and respond to further litigation. …Read More
(Outlet: The New York Times) Climate change is driving rates higher, but not always in areas with the greatest risk. Getting a detailed look at the cost of insurance in different parts of the United States has been almost impossible until now because private insurers don’t publicly disclose what they charge. But two researchers, Benjamin Keys, a professor of real estate at the University of Pennsylvania’s Wharton School, and Philip Mulder, a professor at the University of Wisconsin School of Business, found a workaround.…Read More
(Outlet: The Daily Pennsylvanian) The American Association of University Professors has adopted a resolution urging universities and pension boards, including the provider of Penn’s retirement plan, to divest from fossil fuels. …Read More
(Outlet: Reuters) A Supreme Court case upending how government regulators do their work thrusts Federal Reserve bank overseers into extended uncertainty and potential risk, although the ruling should not complicate the central bank’s ability to provide support to markets in times of stress.…Read More
(Outlet: The Pennsylvania Gazette) Wharton’s Zeke Hernandez hopes to bend the immigration debate toward a question rooted in his own research on capital investment and business formation: What do natives stand to gain?…Read More
(Outlet: Marketplace) Zeke Hernandez is a professor at the University of Pennsylvania’s Wharton School. He’s also author of the new book “The Truth About Immigration: Why Successful Societies Welcome Newcomers.” He spoke with “Marketplace Morning Report” host Sabri Ben-Achour. …Read More
(Outlet: Wharton Stories) In April ~400 members of the MBA class of 2026 and their partners came to campus to learn more about what’s in store for the next two years. During their weekend on campus, students had the opportunity to get to know fellow admits, take a masterclass with Vice Dean Nicolaj Siggelkow, and listen in on student panels that provided a candid look at the MBA experience. Between events, seven incoming students shared what excites them about Wharton, and what led them to join the Wharton MBA community.…Read More
The Turner Impact Portfolio Challenge (TIPC) gives students skills and experience in designing investment portfolios that maximize impact. A team from Bard College won the 2024 competition.…Read More
