If a company commits to environmental, social and corporate governance principles, it's likely to have improved financial performance.
But this strong performance becomes more noticeable over a longer-term horizon, according to a new meta-study NYU Stern Center for Sustainable Business and Rockefeller Asset Management. The study found returns of up to 3.8% higher per standard deviation of ESG score in the mid- and long-term.
In the study, NYU Stern Center and Rockefeller examined the relationship between ESG activities at organizations and their financial performance in more than 1,000 research papers over the last five years.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
