A Journey into ESG Investments

This book deals with climate finance and presents a balance between the theoretical framework—as drawn by the most widely cited practitioner-oriented and academic journals in environmental management—and experimental finance. Does sustainability work eventually? This book explores the data from empirical analysis to address this question. The book investigates the effectiveness of Corporate Social Responsibility and its empirical verification by analyzing the correlation between firm-specific ESG characteristics and financial performance, and will be of interest to academics, researchers, and practitioners of sustainable finance and climate finance.

“A comprehensive guide full of important information where the author combines the description of the state-of-the-art to the analysis of what ESG method actually does the work. This book is useful both for students and financial practitioners who seek a textbook contemplating together a clear academic framework as well as procedures and empirical analysis resulting from a synthesis between the Corporate Social Responsibility framework and the asset management industry as developed in the last two decades.” (Marco Torsello, former Country Manager at Deutsche Group, Italy, and CFO, Aereoporti di Roma S.p.a. and Investor Relator at Gemina S.p.a.)

“A useful guide full of important information for those who want to enjoy the trip around the difficult world of asset management.” (Daniele Angelo Previati, President of the Italian Association of University Teachers of Banking and Finance, ADEIMF)

“A comprehensive guide to investing in mutual funds for investment professionals who seek a clear academic framework as well as methodologies and empirical evidence to better understand funds and improve their fund and manager selection.” (Pietro Cecere, Head of European research Citywire)

Giuseppe Galloppo is a Professor of Finance at Roma Tre University, Italy. He teaches Climate Finance for both Master and Doctoral students at many universities in  Eastern Europe and the Mena Region. He has published scientific papers in several top academic journals. Additionally, he has worked as a member of several research teams, including the National Council of Research, the Statistical Information Commission at Presidency of Prime Minister Authority, and ASEAN Awareness Forum (Italian Foreign Office Ministry). He has been a quantitative asset allocation manager while also being involved in research projects dealing with the assessment of sustainable corporate actions for listed companies at Milan Euronext Growth market and the implementation of the new EBA Loan Policy.