Environmental, Social, and Governance (ESG) Investing: A Balanced Analysis of the Theory and Practice of a Sustainable Portfolio

Environmental, Social, and Governance (ESG) Investing: A Balanced Analysis of the Theory and Practice of a Sustainable Portfolio presents a balanced, thorough analysis of ESG factors as they are incorporated into the investment process. An estimated 25% of all new investments are in ESG funds, with a global total of $23 trillion and the U.S. accounting for almost $9 trillion. Many advocate the sustainability goals promoted by ESG, while others prefer to maximize returns and spend their earnings on social causes. The core problem facing those who want to promote sustainability goals is to define sustainability investing and measure its returns.This book examines theories and their practical implications, illuminating issues that other books leave in the shadows.- Provides a dispassionate examination of ESG investing- Presents the historical arguments for maximizing returns and competing theories to support an ESG approach- Reviews case studies of empirical evidence about relative returns of both traditional and ESG investment approaches

About the Author

John Hill is a consultant, investor, author, and educator who teaches economics and finance at the Dolan School of Business, Fairfield University. He earned his degrees from Cornell University and the University of Pennsylvania, where he pursued a PhD in econometrics under Nobel Laureate Lawrence Klein. John has authored notable books, including Environmental, Social, and Governance (ESG) Investing and Fintech and the Remaking of Financial Institutions, both published by Academic Press. His career spans senior executive roles at leading financial institutions such as Merrill Lynch, ABN AMRO, Intercontinental Exchange, and ICAP.