Climate-scenario modeling is an important tool used by financial services to investigate how different combinations of risks could impact the future solvency of a financial entity and what action could be taken to mitigate those risks. Our research shows that current climate-scenario modeling excludes many of the most severe impacts we can expect from climate […]
Professor Eddie Riedl discussed his paper outlining a novel approach to assessing business climate transition risk: i.e., the risks to firms in a transition to a low carbon economy. Prior work considers transition risk primarily through the lens of negative outcomes, such as increased costs due to more regulated carbon emissions. This paper takes an […]
Replications of five of the most important ESG studies have uncovered evidence challenging their methods, logic, or findings. More replications and analyses are ongoing. Professor Andy King will describe his replication of “The Impact of Corporate Sustainability on Organizational Processes and Performance,” by Eccles, Ioannou, and Serafeim. He will also discuss the status of replications […]
The Investment Tax Credit (“ITC”) is an essential part of U.S. policymakers’ strategy to encourage investment in clean energy. We investigate the effect of Investment Tax Credits on firms’ electricity generation and emissions with a sample of electric utilities from 2001-2022. Using a stacked cohort difference-in-differences design, we find that firms generate less electricity from […]
Geospatial finance combines cutting-edge geospatial data from satellites, drones, and IoT sensors with AI and cloud computing to deliver powerful ESG insights. This emerging field helps evaluate the environmental impact of corporate actions, uncover sustainable investment opportunities, and enhance climate risk analysis. By transforming regulatory reporting and sustainability assessments, geospatial finance is shaping the future […]
Since the first public use of anesthesia, on October 16, 1846, at Massachusetts General Hospital, advances in pharmacology have given anesthesiologists an ever-widening array of chemical tools. The most recent of these are fluorinated ethers, so-called F-gases, a prominent example being desflurane (C3H2F6O). Desflurane is a specialty anesthetic agent. It is estimated that it is […]
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