The rising sustainability awareness among regulators, consumers and investors results in
major sustainability risks of firms. We construct three ESG risk factors (Environmental, Social …

Sustainable investing has gained significant momentum over the past few years. In this
paper, we study the performance and flows of sustainable equity mutual funds in recent …

In this article, we study the transition risk spillover among six major financial markets from
2013 to 2021. The USA is the main transition risk contributor, while Japan and China are the …

ESG Risk Exposure: A Tale of Two Tails Page 1 ESG Risk Exposure: A Tale of Two Tails
Abstract Investing in ESG assets has now become the rule of thumb whenever investors want …

We apply a non-linear setting in capturing ESG factors. The non-linear factor captures the
pricing of cross-section distribution of ESG scores. We find that the factors for ESG, E, and S …

This thesis examines the impact of the war in Ukraine on sustainability-related investor
preferences, performance, and exposure to downside risk in the European mutual fund …

This study explores the importance of environmental, social, and governance (ESG)
performance in explaining the returns and volatility of returns of exchange‐traded funds …

This thesis aims to shed light on research developments in mutual funds with fixed-income
holdings, focusing on the 2007-2008 financial crisis and post-crisis periods. This research …

Climate risk, the risk generated during the process of climate change, now becomes a global
issue that affects multiple regions and countries. As a result, climate risk in one region could …