Does investing in transition firms yield a carbon alpha ?

In recent years there has been increased demand for investment solutions that are respectful of the environment. Some firms have answered that demand by committing to reduce their Carbon emissions in order to help with the transition towards a green economy. These firms, to which we refer as “transition firms” are thus natural candidates for fund placements for environmentally-conscious investors. There is a database that gathers information about carbon emissions and carbon targets of firms worldwide. In this research project we aim at presenting the readers with a portrait of these firms that typically commit to carbon targets. Second, we are going to investigate whether financial profit can be attained by investing in those firms.

Faculty Supervisor:

Geneviève Gauthier

Student:

Partner:

Addenda Capital (Montréal, QC)

Discipline:

Sociology

Sector:

Finance and Insurance

University:

HEC Montréal

Program: