- 47 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
ESG Scores. A Critical Review of Sustainability Measurement
About this book
Bachelor Thesis from the year 2023 in the subject Business economics - Investment and Finance, grade: 1,0, University of Cologne (Wirtschafts- und Sozialwissenschaftliche Fakultät), language: English, abstract: This Bachelor's thesis critically examines ESG (Environmental, Social, Governance) scores as tools for measuring corporate sustainability. As sustainable investing gains momentum, institutional and retail investors increasingly rely on ESG ratings from third-party providers. However, these scores often diverge significantly across agencies, raising concerns about transparency, comparability, and their usefulness in capital allocation.
The thesis analyzes and compares the methodologies of five major ESG rating agencies—MSCI, Refinitiv, Sustainalytics, RobecoSAM, and ISS-oekom. The question is how this can occur, since the same company cannot have different ESG performances. To what extent are ESG scores of different agencies comparable? Is there a certain ESG score investors can rely on? Do ESG scores materially impact risk and return factors which are mainly considered by investors? How do they affect companies' ESG performance and daily business? The objectives of this thesis are derived from these questions. Above all, it should be clarified why ESG scores show such a divergence. It is also important whether the ESG scores impact capital markets or the companies themselves because an impact would increase the overall significance of ESG scores. To answer these objectives, ESG as a sustainability concept and its associated investment approach will be explained in more detail to provide a baseline. Afterwards, the origin of ESG scores is described.
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access ESG Scores. A Critical Review of Sustainability Measurement by Christoph Burmeister in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.