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“Asset allocation for an ESG world”

CFA Society Chicago

CHAPTER

How Much Is Your Bottom Line Affected by Your Emissions?

Ra: The questionis, that get very complicated easily when it comes to connection between prices and fundamentals. But i think there's been an interesting pleace om brumberg a few weeks ago that was showing that mesia, for example, the esgrating, you're not highly rated by amasa if your bottom line is unlikely to be affected by pollutior. And clearly the market is discounting this kind of thing. I mean, this is not ideal but if gradually countries starte taxing emissions, which would be a marked solution to reduce pollution, that could be clearly an interesting dimension.

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