Seminar Series

2024 - 2025

Speaker: Julian Kölbel (University of St.Gallen).

Title: “The Impact of Climate Engagement: A Field Experiment ”.

joint with Florian HEEB (Leibniz Institute for Financial Research SAFE) 

Date: Thursday, 6 March at 12h00 (Paris Time).

Abstract:  We report results from a pre-registered field experiment about the impact of index provider engagement on corporate climate policy. A randomly chosen group of 300 out of 1227 international companies received a letter from an index provider, encouraging the company to commit to setting a science-based climate target to remain included in its climate transition benchmark indices. After one year, we observed a significant effect: 21.0% of treated companies have committed, vs. 15.7% in the control group. This suggests that engagement by financial institutions can affect corporate policies when a feasible request is combined with a credible threat of exit.

Here is a link to the speaker’s and the FEELab website:

https://sites.google.com/view/julian-koelbel/home

https://sites.google.com/view/feelabtbs/

You are cordially invited to participate in the following seminar of the FEELab, which will take place in Room 727-730, Sebastopol building .

For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr or Cam Ly TRAN cam-ly.tran@tbs-education.fr