An important debate is playing out over the role of institutional investors in the global effort to mitigate climate risk and achieve net-zero emissions. While some believe that institutional investors are sufficient catalysts in preparing us for a low carbon economy, others are more skeptical and prefer regulatory interventions. This skepticism is fueled by the perception that a substantial number of institutional investors engage in “greenwashing” (i.e., actions that do little to reduce emissions).
Our paper contributes to this debate by exploring the motivation behind institutional investors’ public requests for climate-related information. We assess whether institutional investors request these disclosures … Read more