Home Institution

Georgetown University

Publication Date

Fall 2022

Program Name

Switzerland: Banking, Finance, and Social Responsibility

Abstract

Sustainable investing and corporate climate action have grown exponentially in the last decade, generating a simultaneous need for customers, investors, and policymakers to determine when companies are genuinely achieving positive impact related to environmental, social, and corporate governance (ESG) factors. As a result, investors are increasingly employing ESG engagement, which typically takes the form of direct communication with holdings to determine and positively shape their impacts on their stakeholders. In this paper, I explore the reasoning for conducting ESG engagement and refute arguments against it. I fill an existing research gap by analyzing the benefits of ESG engagement to both real-world impacts and financial performance, informed by six interviews with professionals in business and sustainable finance. Finally, I offer four solutions to common engagement-related issues––collaborative engagement, sector- and value chain-level engagement, internal best practices for investors, and policymaker engagement––with the ultimate goal of increasing the effectiveness and efficiency of engagement for sustainable investors.

Disciplines

Business and Corporate Communications | Business Law, Public Responsibility, and Ethics | Civic and Community Engagement | Corporate Finance | Portfolio and Security Analysis | Social Justice

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