This is an Individual essay.
You may use any internet sources, scientific reports, publications, including those on the
N1631 Canvas site.
Instructions:
• What to submit. A word (or pdf) document.
• About your submission. The word (or pdf) file should answer all questions explicitly. Maximum number of words is 1,000 (tables, figures, equations, footnotes,
references and appendices are excluded).
N1631 Canvas site.
Instructions:
• What to submit. A word (or pdf) document.
• About your submission. The word (or pdf) file should answer all questions explicitly. Maximum number of words is 1,000 (tables, figures, equations, footnotes,
references and appendices are excluded).
Sources. You may use external
sources and must add a direct URL to such material used. This includes text, figures, tables and equations. Any text used verbatim should be enclosed in quotation
marks.
• Note that this is an individual essay
sources and must add a direct URL to such material used. This includes text, figures, tables and equations. Any text used verbatim should be enclosed in quotation
marks.
• Note that this is an individual essay
Climate Finance
Essay topic: S&P company release carbon emissions for investors. So, how
can investor incorporate the carbon emissions into investment decision-making?
The following points should be considered in your esssay:
(a) What is the relationship between carbon emissions and carbon risk?
(b) How to measure the carbon risk’s impact on stock returns? Please use the data
attached and interpret your empirical results
(c) Please use CAPM model to address the impact and show the regression
coefficient, R-square, and fitted line in Excel.
(d) Explain the relevant empirical literature. Are there articles/publications that
analyze the impact of carbon risk on investing? Report and discuss their results.
(e) Write recommendations for investors and policy makers based on your research.
Notes:
The structure of the essay is something to think about. However, a recommended structure is proposed as follows:
1 Introduction (present the topic and the objective of this essay (≈ 100 words))
2 Empirical Analysis (discuss the CAPM model and regression results (≈ 350
words))
3 Literature Review (present the results and analysis from previous studies (≈ 400
words))
4 Conclusion (provide some policy and investors recommendations (≈ 150 words))
• References
• Appendix (You may provide some graphs that are relevant to your essay)
Essay topic: S&P company release carbon emissions for investors. So, how
can investor incorporate the carbon emissions into investment decision-making?
The following points should be considered in your esssay:
(a) What is the relationship between carbon emissions and carbon risk?
(b) How to measure the carbon risk’s impact on stock returns? Please use the data
attached and interpret your empirical results
(c) Please use CAPM model to address the impact and show the regression
coefficient, R-square, and fitted line in Excel.
(d) Explain the relevant empirical literature. Are there articles/publications that
analyze the impact of carbon risk on investing? Report and discuss their results.
(e) Write recommendations for investors and policy makers based on your research.
Notes:
The structure of the essay is something to think about. However, a recommended structure is proposed as follows:
1 Introduction (present the topic and the objective of this essay (≈ 100 words))
2 Empirical Analysis (discuss the CAPM model and regression results (≈ 350
words))
3 Literature Review (present the results and analysis from previous studies (≈ 400
words))
4 Conclusion (provide some policy and investors recommendations (≈ 150 words))
• References
• Appendix (You may provide some graphs that are relevant to your essay)
I have included the data.