Prof Gordon Clark, Co-Director Zuirch Project
Professor Gordon L Clark DSc (Oxon) FBA is Senior Consultant and Emeritus Professor at the Smith School of Enterprise and the Environment with cross-appointments in the Saïd Business School and the School of Geography and the Environment at Oxford University. He also holds a Professorial Fellowship at St Edmund Hall, Oxford. He is, as well, Sir Louis Matheson Distinguished Visiting Professor at Monash University's Faculty of Business and Economics (Melbourne) and a Visiting Professor at Stanford University. Previous academic appointments have been at Harvard's Kennedy School of Government, Harvard Law School (Senior Research Associate), the University of Chicago, Carnegie Mellon's Heinz School and Monash University. Other honours include being Andrew Mellon Fellow at the US National Academy of Sciences and Visiting Scholar Deutscher Akademischer Austausch Dienst at the University of Marburg.
He has held a number of senior administrative posts including Associate Dean (Finance, Graduate Studies) and Dean of the Faculty of Arts at Monash University (Melbourne), Chair of the Faculty Board of Anthropology and Geography (Oxford), and most recently Director and Head of the Oxford University Centre for the Environment. Professor Clark has served on the Social Science Committee of the British Academy, has been an elected member of the Oxford University's Socially Responsible Investment Committee, is an employer-nominated trustee of the Oxford Staff Pension Scheme, is a consultant to MetallRente GmbH, is a Founding Governor of the UK Pension Policy Institute, is the External Advisor to Diageo's Executive Environmental Working Group, and serves on the advisory board of Arabesque. He was a consultant to the Swedish Government's Buffer-fund inquiry, and advised The Kay Review on Equity Markets and Long-Term Decision Making.
An economic geographer, he is interested in the responsibilities and behaviour of investors as regards long-term sustainable investment. This has involved research on institutions' proxy-voting behaviour, the strategies of corporate engagement given concerns about environmental liabilities and the sensitivity of firms to brand image and reputation, the regulation of corporate disclosure on issues related to environment and social responsibility, and the governance of investment institutions that have an explicit long-term mandate. His current research focuses upon the governance of investment decision-making in the context of market volatility and long-term obligations. In part, this project has developed in collaboration with Oxford colleagues and graduate students as well as the PRI, Mercer, the Telos Project, Towers Watson, and the project led by Professor Tessa Hebb at Carleton University (Ottawa) funded by the Social Science and Humanities Research Council of Canada.Related research is focused on the design and management of investment institutions including reference to insourcing, out-sourcing, and off-shoring activities and the demand and supply of financial services relevant to pension funds, endowments, and sovereign wealth funds. Papers on this topic have been published in the Journal of Economic Geography (2013), Environment and Planning A (2014), and Place, Territory and Governance (2014). With Adam Dixon and Ashby Monk, his monograph on the governance and legitimacy of sovereign wealth funds was published by Princeton University Press in 2013.
His research on household financial decision-making has focused on long-term saving utilising theories and methods from the behavioural and social sciences in the context of risk and uncertainty. Papers on this topic have been published in the Transactions IBG (2007), Ageing and Society (2008), Environment and Planning A (2009), Pensions: An International Journal (2009), the Journal of Economic Geography (2010) and Urban Studies (2011) supported, in part, by the ESRC, Mercer and Towers Wyatt. With Kendra Strauss and Janelle Knox-Hayes, he is co-author of Saving for Retirement (OUP, 2012). Recent related books include the co-edited Managing Financial Risks: From the Global to the Local (OUP 2009) (with Ashby Monk and Adam Dixon), and The Geography of Finance (OUP 2007) (with Dariusz Wójcik).
Dr Sarah McGill
Dr Sarah McGill is a Research Associate at the Smith School, where she directs research projects and co-authors publications primarily in the sustainable finance and impact investing stream. She also undertakes her own research across the sustainable finance and environmental management streams and is currently building a programme on financing for sustainable water and waste management infrastructure.
Dr McGill completed her DPhil (PhD) at the Smith School in November 2014. Her doctoral research was concerned with a number of issues surrounding the economic governance of mineral resource scarcity, for which she conducted fieldwork in Morocco's state-owned phosphate mining and fertilizer industry. She also holds a BA (summa cum laude) in East Asian Languages and Cultures from Columbia University, where she studied Chinese language, history, and politics, and an MPhil (with Distinction) in Geography and the Environment, University of Oxford. Previously she has worked as an academic consultant to various financial institutions and consultancies; at the Council on Foreign Relations; and in the environmental services industry.
Prof Noel Whiteside
Professor Noel Whiteside is a Visiting Professor at the Smith School of Enterprise and the Environment at the University of Oxford as well as a long-standing Professor of Comparative Public Policy at the University of Warwick. She is a contemporary historian of social and public policy development with specific interests in labour markets and constructions of social dependency in comparative perspective. Within this framework she works largely on classifications of social dependency, systems of governance and developments in social security in addition to a wider range of social policy research projects. Her involvement in the Income Protection Gap project reflects her expertise in welfare regimes and contemporary issues impacting the challenges of income protection.
Prof Juncal Cuñado Eizaguirre
Professor Juncal Cuñado Eizaguirre completed her Phd in Applied Economics at the University of Navarra, where she is now Professor in the Economics Department and Director of the Doctorate programme in Economics and Business Administration. Prof Juncal Cunado is Professor in the Economics Department and Director of the Doctorate Programme in Economics and Business Administration at the University of Navarra. She is also an Honorary Research Associate in the Smith School of Enterprise and the Environment at the University, where she is currently collaborating on several research projects. She was also a visiting scholar at the University of California, San Diego. Her research areas include Applied Econometrics, Energy and Environmental Economics, and International Economics. She has published papers in several journals, including Journal of Banking and Finance, Energy Economics, Energy Policy, Ecological Economics, Environmental and Resource Economics and Journal of Time Series Analysis.
Jakob Engel was a Research Associate at the Smith School of Enterprise and the Environment before joining the World Bank Group in Washington, D.C. in September 2017. At the Smith School he worked on the 11-country mixed methods comparative analysis to better understand socio-cultural, behavioural and demographic factors influencing risk aversion in insurance markets, particularly in the context of declining state provision for short- and medium-term interruptions to earned income.
His doctoral research focuses on analysing the impact of regulatory changes in the trade of commodities in both physical and financial markets, with a focus on metals and grains. His interest lies particularly in the causes and consequences of financialisation in commodity markets; the variegated diffusion of post-crisis financial regulations in different jurisdictions and trading hubs; the evolving economic geography of trading networks; and the impact of regulations on the industrial organisation of production networks trading in commodities.
He previously worked as researcher for the Overseas Development Institute in London and as an advisor on trade and innovation policy for the UK's Department for International Development and the Department for Business, Innovation and Skills. He has also worked as a consultant on employment and labour markets, regional economic integration, value chain analysis and the impact of aid for the World Bank, the African Development Bank, the European Commission, and the Gates Foundation, among others. He has carried out fieldwork in eight developing countries, as well as in several financial centres and trading hubs, and his research has been cited in the Economist, among several other publications.
Dr Irem Kok
Dr Irem Kok recently completed her doctorate in the School of Geography and the Environment at Oxford, funded by a partnership scholarship program by Clarendon Fund Scholarship and Brasenose College Annual Fund. In 2011, Irem completed the MSc program in Nature, Society and Environmental Policy at the School of Geography and the Environment, Oxford, studying on Weidenfeld Scholarship and Leadership Programme. Before Oxford, she double majored in philosophy and economics, followed by a master's degree in political science and international relations at Bogazici University, Turkey.
Theodor Cojoianu is a Smith School Scholar and is pursuing his DPhil thesis in Geography and the Environment on responsible investment in private financial markets. The title of his thesis is 'Environmental investment strategies across the investment value chain: addressing the investment gap in clean technologies - from asset owners to entrepreneurs.'
Theodor has previously held appointments in the sustainable finance space in both academic and finance industry organisations. He worked in academia within the Centre for Responsible Banking and Finance at the University of St. Andrews, the ICMA Centre at the University of Reading and the University of Edinburgh Business School. He was previously an analyst with MSCI ESG Research in London and is currently affiliated with Sociovestix Labs and Sustainable Investment Partners.
Theodor received his MSc. in Carbon Finance (Distinction) and MEng. in Electrical Engineering and Management from the University of Edinburgh. His MEng thesis on environmental impacts of shale gas was awarded the Best European Masters Thesis prize in Finance and Sustainability from the French Forum for Responsible Investment and the UN Principles for Responsible Investment in 2014.
Dr Michael Viehs
Dr Michael Viehs is an Honorary Research Associate at the Smith School of Enterprise and the Environment and also a research affiliate with the European Centre for Corporate Engagement. Michael is Associate Director –ESG Integration at Hermes Investment Management (Hermes EOS) where he is responsible for intelligent proxy voting in Germany, corporate engagements on environmental, social, and governance issues with a focus on industrials, and for conducting research on sustainability and responsible investing.
Dr Maurizio Fiaschetti
Dr Maurizio Fiaschetti was an Honorary Research Associate at the Smith School of Enterprise and the Environment. He is also a faculty member at the School of Finance and management, SOAS (University of London). His academic interests are applied econometrics, economics of consumption and savings and behavioural economics. His research has been mainly focused on the determinants of awe-thinking approach to the optimization processes and on the heterogeneity of well-being expenditure preferences, both from an empirical and theoretical point of view. Most recently his research interests have focused on the determinants of long term savings with particular regard to the pension funds industry. Maurizio holds a BSc, MSc, and a PhD from the University of Rome.
Dr Stefania Innocenti
Stefania is Research Associate in Behaviour, Finance and Social Statistics at the Smith School of Enterprise and the Environment, University of Oxford. She recently concluded her PhD in behavioural economics at Maastricht University. Prior to her PhD, Stefania worked at European University Institute, at the UN-International Labour Office (Geneva) and at the Italian Ministry of Economics and Finance. Her research aims to clarify the role of bounded rationality, self-views, and individual and collective learning as possible drivers of, or impediments to, institutional change.