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Frameworks Used To Measure The Societal Influences & Effectiveness Of Impact Investing, Mya E. Baptiste May 2022

Frameworks Used To Measure The Societal Influences & Effectiveness Of Impact Investing, Mya E. Baptiste

Senior Honors Projects, 2020-current

The purpose of this thesis is to learn how capital generates positive returns for society through impact investing. I address the different forms of impact investments along the spectrum and examples of companies that are grouped into each category. Afterward, I highlight the various pre-existing frameworks being used by the industry to properly measure their social returns and then provide insight into my personal experience working with Citigroup, Inc. Impact Fund. This paper includes an empirical study to address my hypothesis that companies who invest in producing social returns receive a positive impact on their financials. It was concluded that …


Is It Risky To Make The World A Better Place: A Study On The Association Between Environmental, Social, And Governance (Esg) Operational Risk Management And Market Derived Volatilities, Kelly L. Johnson May 2021

Is It Risky To Make The World A Better Place: A Study On The Association Between Environmental, Social, And Governance (Esg) Operational Risk Management And Market Derived Volatilities, Kelly L. Johnson

Senior Honors Projects, 2020-current

Investors and firms are increasingly concerned with their Environmental, Social and Governance (ESG) risk exposures. Awareness of firms’ ESG policies by investors has grown substantially over the past five years. This growth led to the creation of company ratings for ESG operational risk exposure from third parties. We will analyze six years of ESG rankings, accounting and return data for S&P 500 firms and test whether ESG risk management ratings are associated with market derived measures of risk.