The G20 Financial Stability Board (FSB), European Systemic Risk Board (ESRB), and Bank of England have all recently warned how environmental factors, particularly physical climate change impacts and societal responses to climate change, could have implications for asset values and even financial stability. While these regulators have emphasised the need to pre-emptively manage ‘stranded asset’ risk in financial institutions and throughout the financial system as a whole, without better data availability and improvements in the way that investors measure their exposure to environmental risk and opportunity this will be extremely challenging. Correcting this major gap is now an urgent priority.
This special issue is seeking contributions that explore developments in the way that investors measure company and asset-level exposure to environmental risk and opportunity. New datasets, new analysis of existing data, and new approaches and methodologies (including advanced analytics, ‘big data’, and remote sensing) could all give financial institutions important information on the environmental performance of their investments. These approaches may also help to plug gaps in the value of existing corporate-level voluntary reporting.
The aim of this special issue is to explore some of these emerging areas of research, as well as to critically review current investor approaches for measuring environmental risk and opportunity in investment portfolios in terms of insight, accuracy, and relevancy to practitioners. We are particularly interested in how new approaches might be applied in emerging and developing country markets. We welcome submissions from authors researching different parts of the investment chain and examining exposures within different sectors, asset-classes, and geographies.
There will be a high-level conference held on this topic on the 6th to 7th April 2017 at Waddesdon Manor in Buckinghamshire, UK. Authors who have successfully submitted a manuscript by 28th February 2017 will be considered to either present or attend and funding may be available at the discretion of the conference organiser (Ben Caldecott, University of Oxford).
There are two new deadlines. The original deadline of 30th September 2016 has been extended.
Authors should submit their manuscript for consideration by the 1st May 2017 via the Journal of Sustainable Finance and Investment Scholar One Manuscripts site: https://mc.manuscriptcentral.com/jsfi
Authors who want to be considered for the high-level conference held on this topic should submit their paper earlier, by the 28th February 2017 at the latest.
- Associate Editor: Ben Caldecott, University of Oxford (firstname.lastname@example.org)