Environmentally Sound and Financially Rewarding?: Key Findings from an Emploratory Study on the Science Based Targets Initiative (SBTi)

Kristjan Jespersen; Milena Karen Bär; Ottilia Henningsson

Environmentally Sound and Financially Rewarding? Key Findings from an Emploratory Study on the Science Based Targets Initiative (SBTi)

Kristjan Jespersen, Milena Karen Bär, Ottilia Henningsson

Research output: Other contribution › Net publication - Internet publication › Research

Abstract

The Science-Based Targets initiative aligns firms’ emission reduction targets with a net-zero emissions pathway. Firm commitment yields significant abnormal returns which are larger for firms committed to larger emission reductions and for high-emitting firms.

Original language	English
Publication date	2022
Publisher	The Business of Society
Publication status	Published - 2022

Keywords

Alignment
Carbonfootprint
Climateaction
Climatechange
Climatecrisis
Commitment
Corporations
Decorbonization
Economic
Emissions
Environment
Finance
Financialinstitutions
Financialviability
IPCC
Netzero
Parisagreement
Reduction
SBTi
Sciencebased
Sciencebasedtargets
Sixthassesment
Targets
Transformation

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://bos.cbs.dk/?s=Kristjan+JespersenLicence: Unspecified

Handle.net

Persistent link

Cite this

@misc{2fab7e1eb2124340a4df245e2166d06c,

title = "Environmentally Sound and Financially Rewarding?: Key Findings from an Emploratory Study on the Science Based Targets Initiative (SBTi)",

abstract = "The Science-Based Targets initiative aligns firms{\textquoteright} emission reduction targets with a net-zero emissions pathway. Firm commitment yields significant abnormal returns which are larger for firms committed to larger emission reductions and for high-emitting firms. ",

keywords = "Alignment, Carbonfootprint, Climateaction, Climatecrisis, Commitment, Corporations, Decarbonization, Economic, Emissions, Environment, Finance, Financialinstitutions, Financialviability, IPCC, Netzero, Parisagreement, Reduction, SBTi, Sciencebased, Climatechange, Sciencebasedtargets, Sixhassessment, Targets, Transformation, Alignment, Carbonfootprint, Climateaction, Climatechange, Climatecrisis, Commitment, Corporations, Decorbonization, Economic, Emissions, Environment, Finance, Financialinstitutions, Financialviability, IPCC, Netzero, Parisagreement, Reduction, SBTi, Sciencebased, Sciencebasedtargets, Sixthassesment, Targets, Transformation",

author = "Kristjan Jespersen and B{\"a}r, {Milena Karen} and Ottilia Henningsson",

year = "2022",

language = "English",

publisher = "The Business of Society",

type = "Other",

}

TY - ICOMM

T1 - Environmentally Sound and Financially Rewarding?

T2 - Key Findings from an Emploratory Study on the Science Based Targets Initiative (SBTi)

AU - Jespersen, Kristjan

AU - Bär, Milena Karen

AU - Henningsson, Ottilia

PY - 2022

Y1 - 2022

N2 - The Science-Based Targets initiative aligns firms’ emission reduction targets with a net-zero emissions pathway. Firm commitment yields significant abnormal returns which are larger for firms committed to larger emission reductions and for high-emitting firms.

AB - The Science-Based Targets initiative aligns firms’ emission reduction targets with a net-zero emissions pathway. Firm commitment yields significant abnormal returns which are larger for firms committed to larger emission reductions and for high-emitting firms.

KW - Alignment

KW - Carbonfootprint

KW - Climateaction

KW - Climatecrisis

KW - Commitment

KW - Corporations

KW - Decarbonization

KW - Economic

KW - Emissions

KW - Environment

KW - Finance

KW - Financialinstitutions

KW - Financialviability

KW - IPCC

KW - Netzero

KW - Parisagreement

KW - Reduction

KW - SBTi

KW - Sciencebased

KW - Climatechange

KW - Sciencebasedtargets

KW - Sixhassessment

KW - Targets

KW - Transformation