This research area of Ciber analyses the role of the Environmental, Social, and Governance (ESG) dimensions in investment decisions as a relevant driver of the sustainable development of society.
From a regulation perspective, we focus on the effectiveness of the new market regulations regarding the sustainable nature of financial instruments. More concretely, we analyze how these regulations promote investment in more sustainable financial assets as a first step to converge towards a more sustainable economic model.
We also study ESG scores and other sustainability indicators provided by different sell-side research companies. In this way, we aim to determine the accuracy of these measures to reflect the ESG commitment of listed companies and institutional portfolios.
In addition, we compare the ESG profiles of the portfolios held by conventional and Socially Responsible Investment (SRI) funds to test the convergence of their investment-making process. The development of techniques to evaluate greenwashing is part of this process.
Finally, we aim to assess the impact of the shareholder activism performed by SDG funds.
