At the heart of sustainable finance are questions related to performance. This research theme seeks to explore empirically how sustainable finance is changing financial markets, altering risk preferences, and impacting the real economy.
Research topics include:
- Firm-level ESG performance and its relationship with macro-economic performance
- Changing risk preferences across the financial system as a result of the energy transition
- Analysing performance of (un)sustainable investments in different asset classes using novel datasets
- Measuring changes in sustainable finance practice across the financial system and what that means for performance
- The efficacy of sustainable finance-related policies and regulations
To find out more about our work on sustainable finance performance, contact Dr Xiaoyan Zhou.
- Zhou, X., Caldecott, B., Harnett, E. and Schumacher, K. (2020) The Effect of Firm-level ESG Practices on Macroeconomic Performance. Oxford Sustainable Finance Programme, Smith School of Enterprise and the Environment, University of Oxford. Working Paper No.20-03. ISSN 2732-4214.