NO.PZ2022072902000010
问题如下:
Which of the following statements is false?
选项:
A.ESG integration at the equity selection level, automatically ensures ESG compliance at portfolio and asset-allocation levels.
B.Lack of standardisation of ESG measurability methods negatively impacts unified investor consensus.
C.There is little academic proof of positive correlations between ESG integration in the portfolio and positive returns.
D.Sub-components of ESG are uncorrelated, orthogonal factors.
解释:
目前仍然存在的挑战之一是如何在投资组合层面衡量ESG归因的表现,而不仅仅是风险。目前ESG作为性能增强的证据通常以单一证券或单一资产案例研究的形式出现。然而,虽然案例研究可以令人信服地解释(甚至是因果关系)投资回报与ESG运营绩效之间的联系,但它代表了一个轶事,很可能是因为选择偏差而选择的。案例研究没有以正式归因术语解释整个投资组合的ESG回报。
e s g 的子因素间有相关性,比如气候因素可能会导致社会因素