The PRI Academic Network Week was hosted across five days between 19-23 September 2022.
The event brought together the latest high-quality evidence and insights in responsible investment practices in an accessible way and aimed to bridge the gap between academic researchers and investors. The findings were presented by their authors and discussed by investment practitioners and academics to offer feedback, to understand the work in the context of the literature and in relation to real world practice.
To find out more about the PRI’s Academic Research programme and access past event papers, visit our website here.
Please find the recordings and papers for each day below.
Agenda
Day 1: Corporate Governance
Day 2: Climate Risks
| Tuesday September 20 (2-5pm BST) | |
|---|---|
| Winner of the Best Student Paper 2022 | |
| Paper 4: Physical Climate Risk and Firms’ Adaptation Strategy | |
| Authors: | Xia Li (Boston University) |
| Academic Discussant: | Mark DesJardine (Dartmouth College) |
| Practitioner Discussant: | Jenny Xie (Wellington) |
| Recording | |
| Paper 5: Dissecting Green Returns | |
| Authors: |
Lubos Pastor (University of Chicago)
Robert F. Stambaugh (University of Pennsylvania) Lucian A. Taylor (University of Pennsylvania) |
| Academic Discussant: | Harrison Hong (Columbia University) |
| Practitioner Discussant: | Steffen Bixby (AQR Capital Management) |
| Recording | |
| Paper 6: Climate Stress Testing | |
| Authors: |
Hyeyoon Jung (Federal Reserve Bank of New York)
Robert Engle (New York University) Richard Berner (New York University) |
| Academic Discussant: | Thom Wetzer (University of Oxford) |
| Practitioner Discussant: | Imane Bakkar (PRI) |
| Recording | |
Day 3: Pollution and Politics
Day 4: ESG Equity: Driving Real Change—Divestment vs Engagement
| Thursday September 22 (2-5pm BST) | |
|---|---|
| Paper 10: Systematic Stewardship | |
| Authors: | Jeffrey N. Gordon (Columbia University) |
| Academic Discussant: | Edward Rock (New York University) |
| Practitioner Discussant: | Carly Greenberg (PRI) |
| Recording | |
| Paper 11: Decarbonizing Institutional Investor Portfolios | |
| Authors: |
Vaska Atta-Darkua (University of Virginia)
Simon Glossner (University of Virginia) Philipp Krueger (University of Geneva) Pedro Matos (University of Virginia) |
| Academic Discussant: | Hao Liang (Singapore Management University) |
| Practitioner Discussant: | Rosie Farr (PRI) |
| Recording | |
| Winner of the PRI Award for Outstanding Research 2022 | |
| Paper 12: Socially Responsible Divestment | |
| Authors: |
Alex Edmans (London Business School)
Doron Levit (University of Washington) Jan Schneemeier (Indiana University) |
| Academic Discussant: | Lin Shen (INSEAD) |
| Practitioner Discussant: | Lloyd Kurtz (Wells Fargo) |
| Recording | |
Day 5: ESG Debt
| Friday September 23 (2-5pm BST) | |
|---|---|
| Paper 13: Carbon Emissions and the Bank-Lending Channel | |
| Authors: |
Marcin Kacperczyk (Imperial College London)
José-Luis Peydró (Imperial College London) |
| Academic Discussant: | Xintong Zhan (Fudan University) |
| Practitioner Discussant: | Torsten Ehlers (International Monetary Fund) |
| Recording | |
| Paper 14: ESG Lending | |
| Authors: |
Sehoon Kim (University of Florida)
Nitish Kumar (University of Florida) Jongsub Lee (Seoul National University) Junho Oh (Hong Kong Polytechnic University) |
| Academic Discussant: | Olivier David Zerbib (EDHEC Busines School) |
| Practitioner Discussant: | Archie Beeching (Muzinich and Co) |
| Recording | |
| Paper 15: Nature as a Defense from Disasters: Natural Capital and Municipal Bond Yields | |
| Authors: | Claudio Rizzi (University of Miami) |
| Academic Discussant: | Tatyana Deryugina (University of Illinois at Urbana-Champaign) |
| Practitioner Discussant: | Andrew Teras (Breckinridge) |
| Recording | |
We would like to thank our Bursary and Prize Sponsor:
