Bron
Robeco
Willem Schramade, Sustainability and Valuation Specialist in Robeco’s Global Equity team, recently published an article on ESG integration in the Journal of Sustainable Finance & Investment. In this article, he explains the Robeco Global Equity team’s advanced approach to ESG integration.
True Environmental, Social and Governance issues (ESG) integration means ESG factors are systematically fed into the valuation models and investment decisions of analysts and portfolio managers. However, most ESG approaches fail to do this. As a result, sustainable investing is much less an application success than a marketing success. Our value-driver adjustment approach is different: it ties into traditional valuation approaches by linking ESG issues to value drivers via their impact on business models and competitive positions.
