A study* revealed that companies with a high ESG rating performed better in terms of budgetary outcomes and stock returns. As a consequence, there is a need for new models of ESG performance analysis, which could help companies to manage risks and opportunities and to increase profit and value on the long term.
*Banor SIM in partnership with the Politecnico di Milano; data refer to 882 stocks comprised in the Stoxx Europe 600 Index in the period 2010-2017.