Inaugural Oxford Symposium on the Carbon Removal Budget: Bridging Science, Equity, and Innovation.
The global net-zero transition necessitates the active integration of Carbon Dioxide Removal (CDR) strategies alongside emission reductions. However, with CDR emerging as a finite resource, a clearer understanding of its availability, equitable distribution, and potential applications is critical. This symposium will focus on the Carbon Removal Budget (CRB) as a conceptual and practical tool to […]
Environmental Reputation Risk and the Cost of Equity: The Impact of Corporate Response to Climate Change Exposures
Executive Summary This study examines the impact of environmental and climate change reputation risk on the cost of equity, emphasising the role of financial analysts’ perceptions of corporate responses to climate change exposures. We find that reputational risk measured by environmental misconduct is positively associated with a higher cost of equity. However, firms that adopt […]