Found 17 article(s) for author 'Robert Eccles'

ESG for All? The Impact of ESG Screening on Return, Risk, and Diversification

ESG for All? The Impact of ESG Screening on Return, Risk, and Diversification. Robert Eccles, July 11, 2016, Paper. “A large body of research has documented a positive relationship between different measures of sustainability—such as indicators of employee satisfaction and effective corporate governance—and corporate financial performance. Nevertheless, many investors still struggle to quantify the value of ESG to investment performance.  To address this issue, the authors tested the effects of using different ESG filters on an investable universe that serves as the starting point for a fund manager. In this way, they attempted to determine the extent to which ESG data can add value to any investment approach, regardless of preferences towards sustainable investing.Link

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Sustainability as a Social Movement

Sustainability as a Social Movement. Robert Eccles, June 2016, Paper. “If you think about sustainable development-the classic definition from the Brundtland Commission is meeting the needs of the current generation without sacrificing the needs of future generations-the private sector has a fundamental role to play. Investors are starting to incorporate these in their decision making, but there’s a lot of greenwashing. […]portfolio managers think this stuff is important and asset owners put pressure on asset managers, you won’t start to extend the time frame. Creating a Sustainable Society We wouldn’t have the capital markets today without financial accounting standards and reporting requirements.Link

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Why Investors Should Care About the Next Generation of Accounting Standards

Why Investors Should Care About the Next Generation of Accounting Standards. Robert Eccles, February 27, 2016, Opinion. “This is the mission of the Sustainability Accounting Standards Board, a nonprofit organization established by Jean Rogers in 2011. Michael Bloomberg, former New York mayor, is the current chair, and former Securities and Exchange Commission chair Mary Schapiro is SASB’s vice chair. SASB’s approach is a simple but powerful one. Through a rigorous process, it identifies the material ESG information that should be reported on a company’s Form 10-K, or equivalent reporting document for non-U.S.-listed companies, and the recommended key performance indicator or metric for each issue. The ESG issues are grouped into the following five categories: environment, social capital, human capital, business models and innovation, and leadership and governance.Link

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Interview with Dr. Robert Eccles on Sustainability, Data, and ESG Innovations

Interview with Dr. Robert Eccles on Sustainability, Data, and ESG Innovations. Robert Eccles, August 11, 2015, Video, “Dr. Robert Eccles, Professor of Management Practice at Harvard Business School, discusses the importance of sustainability, the trends behind Environmental, Social, and Corporate Governance (ESG) reporting and data sets, and the latest innovations that are helping investors better understand the implications and potential materiality of ESG issues within their investments.Link

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Models of Best Practice in Integrated Reporting 2015

Models of Best Practice in Integrated Reporting 2015. Robert Eccles, July 20, 2015, Paper. “In March of this year (2015), we reviewed the reports of 25 multinational companies that participated in in the International Integrated Reporting Council’s (IIRC’s) Pilot Programme Business Network.1 (See Table 1 for a list.2) Pilot Programme companies worked as a network of peer group organizations to exchange knowledge about integrated reporting. These 25 randomly selected reports were among the first to be published since the IIRC International <IR>3 Framework was released in December 2013Link

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Meaning and Momentum in the Integrated Reporting Movement

Meaning and Momentum in the Integrated Reporting Movement. Robert Eccles, July 20, 2015, Paper, “Many exciting developments have taken place since we published the first book on integrated reporting five years ago. We called the book One Report: Integrated Reporting for a Sustainable Strategy. Our main argument was that companies needed to better under-stand and report on the relationship between their financial performance and their environmental, social, and governance (ESG) performance. This “connectivity of information” is the essence of integrated reporting. Although ESG performance is often referred to as…Link

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The Integrated Reporting Movement: Meaning, Momentum, Motives, and Materiality

The Integrated Reporting Movement: Meaning, Momentum, Motives, and Materiality. Robert Eccles, 2015, Book. “The Integrated Reporting Movement explores the meaning of the concept, explains the forces that provide momentum to the associated movement, and examines the motives of the actors involved. The book posits integrated reporting as a key mechanism by which companies can ensure their own long-term sustainability by contributing to a sustainable society. Although integrated reporting has seen substantial development due to the support of companies, investors, and…” May require purchase or user account. Link

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The State of Sustainability in China

The State of Sustainability in China. Robert Eccles, October 21, 2014, Paper. “China has experienced remarkable economic growth since the reforms of Deng Xiaoping in the late 1970s. This growth has come at a significant environmental and social cost, raising the question of whether the country needs to focus more on sustainable development than on economic growth for its own sake. Moreover, there is growing recognition in China that more attention needs to be paid to achieving environmental and social as well as economic goals. This recognition has come in the form of changes in public policy…” Link

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Corporate and Integrated Reporting: A Functional Perspective

Corporate and Integrated Reporting: A Functional Perspective. Robert Eccles, George Serafeim, May 5, 2014, Paper. “In this paper, we present the two primary functions of corporate reporting (information and transformation) and why currently isolated financial and sustainability reporting are not likely to perform effectively those functions. We describe the concept of integrated reporting and why integrated reporting could be a superior mechanism to perform these functions. Moreover, we discuss, through a series of case studies, what constitutes an effective integrated report…” Link

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The Impact of Corporate Sustainability on Organizational Processes and Performance

The Impact of Corporate Sustainability on Organizational Processes and Performance. George Serafeim, Robert Eccles, 2014, Paper. “We investigate the effect of corporate sustainability on organizational processes and performance. Using a matched sample of 180 U.S. companies, we find that corporations that voluntarily adopted sustainability policies by 1993—termed as High Sustainability companies—exhibit by 2009 distinct organizational processes compared to a matched sample of companies that adopted almost none of these policies…” Link Verified October 11, 2014

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