In the Media

Financial Times reporter Seb Murray highlights a new paper by Prof. Roberto Rigobon and Research Scientist Florian Berg that explores why different ESG ratings can paint different pictures of the same company, finding that “measurement differences between rating agencies are the main source of divergence.” Murray notes that “by exposing these inconsistencies, the research highlights the need for standardization, noting that regulators could help by harmonizing ESG disclosure practices. That would make ratings more reliable and useful for decision makers.”