The Sustainability Footprint of Institutional Investors: ESG Driven Price Pressure and Performance

Rajna Gibson, Philipp Krueger, Shema Mitali

2021 | Academic | Investor Behavior, Risk & Performance, Sustainable Investing

The analysis shows that 13F institutions with better sustainability footprints outperform. The positive effect of sustainability footprints on the risk-adjusted performance of 13F institutions’ equity portfolios is concentrated in the environmental dimension and in more recent periods...