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 […]
Examining Climate Transition Risk for Power Companies: Evidence from India

This study investigates the financial impact of climate transition risks for Indian power companies, using a forward-looking, microeconomic climate transition risk model. The analysis utilizes firm-level financial and environmental data, supported by widely used modelling scenarios such as GCAM and REMIND, across different NGFS pathways (B2DS and NZ2050) and shock years (2025 and 2030). Executive […]
Masterclass in Sustainable Investing

Masterclass in Sustainable Investing Course Director: Chairman and Co-Founder, Impact Lens John is a prominent advisor in environmental investment funds with a 25-year track record in financial planning. As the Owner and Managing Director of various research and investment businesses, he has provided counsel to notable charitable trusts and organisations including WWF-UK, Greenpeace, Vivienne Westwood […]
External webinar: Connecting finance with the real economy: asset-level data for the construction minerals sectors

An ICEC-MCM webinar, where the Spatial Finance Initiative team presented their work on developing open asset databases for the cement, steel and other industries and how these are being used to support green finance applications and decision-making.
Masterclass in Nature Finance

Masterclass in Nature Finance Course Director: Calvin Quek, Executive Director for Nature Finance, Oxford Sustainable Finance Group About Our economy is highly dependent upon nature and the ecosystem services it provides. As nature continues to deteriorate, society suffers, and businesses run more risk. Scientists predict that if the current rate at which nature is being […]
Masterclass in Transition Finance

Masterclass in Transition Finance Course Director: Dr Gireesh Shrimali, Head of Transition Finance Research, Oxford Sustainable Finance Group and José Luis Reséndiz, Research Assistant, Transition Finance Research, Oxford Sustainable Finance Group About To deliver the objectives of the Paris Agreement and the UN SDGs, it is necessary that finance and financial services be provided to […]
Masterclass in International Carbon Markets

Masterclass in International Carbon Markets Course Director: Injy Johnstone, Research Associate in Net Zero Aligned Offsetting About The Masterclass in International Carbon Markets equips professionals with a deep understanding of the complexities and evolving dynamics of reaching global net zero through use of market mechanisms. It will review the latest developments in international carbon markets, […]
Energy transition well underway despite interest rate setbacks

A new report from the Oxford Sustainable Finance Group concludes that despite a threat from high interest rates, the global transition to renewable energy is well underway. Evidence shows the green energy transition continues at pace The report finds that low-carbon capital expenditure (CAPEX) has overtaken oil and gas CAPEX globally, and the share […]
Assessing Corporate Transition Plans using a Production Asset-Based Planning Approach

Authors: David Kampmann, University of Oxford – Smith School of Enterprise and the Environment, Saphira Rekker, UK Centre for Greening Finance and Investment, Min Ruan, University of Oxford – Smith School of Enterprise and the Environment, Gireesh Shrimali, University of Oxford Assessing Corporate Transition Plans using a Production Asset-Based Planning Approach Corporate transition plans […]
Annual Greening Finance Prize -2024 Winners Announced

Wednesday, October 2nd – The University of Oxford has announced the winners of the ‘Insight Investment – University of Oxford Prize for Greening Finance’, the preeminent prize for this important area of research and practice. The winners were announced at the World Forum on Enterprise & the Environment 2024, Oxford University’s flagship event on enterprise […]