Managing the “S” in ESG: The Case of Indigenous Peoples and Extractive Industries

• Date: 01 June 2016
• Author: Nick Pelosi,Rebecca Adamson
• DOI: http://doi.org/10.1111/jacf.12180
• Published date: 01 June 2016

In This Issue: Sustainability and Shareholder Value

ESG Integration in Investment Management: Myths and Realities 10 Sakis Kotsantonis, KKS Advisors, Chris Pinney,

High Meadows Institute, and George Serafeim,

Harvard Business School

Bridging Sustainability and Finance: The Value Driver Adjustment Approach 17 Willem Schramade, Robeco Asset Management

Governance and Climate Change: A Success Story in Mobilizing Investor Support

for Corporate Responses to Climate Change

29 Mats Andersson, AP4, Patrick Bolton, Columbia University,

and Frédéric Samama, Amundi and SWF RI

Measuring What Matters: Industry Specicity Helps Companies and Investors

Gain Traction on Sustainability

34 Bob Herz and Jean Rogers, Sustainability Accounting

Standards Board

Materiality in Corporate Governance: The Statement of Signicant Audiences

and Materiality

39 Robert G. Eccles and Tim Youmans,

Harvard Business School

ESG for All? The Impact of ESG Screening on Return, Risk, and Diversication 47 Tim Verheyden, Robert G. Eccles, and Andreas Feiner,

Arabesque Partners

Integrating Systemic Risk into Modern Portfolio Theory and Practice 56 Steve Lydenberg

Morgan Stanley Perspectives on Sustainable Investing: Acceleration and Integration 62 Audrey Choi, Morgan Stanley

Delaware Public Benet Corporations: Widening the Fiduciary Aperture to

Broaden the Corporate Mission

66 Frederick Alexander, B Lab

The Evolution of Integrating ESG Analysis into Wealth Management Decisions 75 Peter Roselle, Morgan Stanley

Corporate Philanthropy and Innovation: The Case of the Pharmaceutical Industry 80 Frederick L. Bereskin, University of Delaware and Po-Hsuan

Hsu, University of Hong Kong

Managing the “S” in ESG: The Case of Indigenous Peoples and Extractive Industries 87 Nick Pelosi and Rebecca Adamson, First Peoples Worldwide

ESG Investing in Emerging and Frontier Markets 96 Jamieson Odell and Usman Ali, Caravel Management

VOLUME 28 | NUMBER 2 | SPRING 2016

APPLIED CORPORATE FINANCE

Journal of