ESG ANALYSIS OF COMPANIES INCLUDED IN THE RESPECT INDEX – SUMMARY OF RESEARCH

Article Sidebar


pdf (Język Polski)

Published:
Dec 28, 2017
Issue
No. 18(67) (2017)
Section
Articles
CitedBy/Share
Crossref
Scopus
Google Scholar
Europe PMC

Main Article Content

Hanna Sikacz
Uniwersytet Ekonomiczny we Wrocławiu
Przemysław Wołczek
Uniwersytet Ekonomiczny we Wrocławiu

DOI: https://doi.org/10.22630/PEFIM.2017.18.67.32
Keywords : ESG factors, RESPECT Index, Thomson Reuters Eikon, ASSET4 ESG,
Abstract
This study is a summary of the research related to the ESG analysis of companies included in the RESPECT Index. The aim of the article is to make the comparative assessment of information obtained from two databases: ASSET4 ESG and Thomson Reuters Eikon and on the basis of this information make an analysis of the ESG results of companies from the RESPECT Index. The analysis is intended to answer the question whether the companies in the index are really those who fulfill at the highest level the requirements in the area of environment, social and corporate governance. The results of the research presented in this paper show some divergences in ESG results obtained by companies. The ESG results from the ASSET4 ESG database are more favorable for the companies analyzed. It should be emphasized that the qualification of a given company into the index of socially responsible companies should not raise any doubts. Meanwhile, in spite of the differences in the ESG results between the analyzed databases, it turned out that to the X edition of the RESPECT Index have been qualified companies with very low ESG results, which raises objections to the process of selecting companies to the index

Article Details

How to Cite
Sikacz, H., & Wołczek, P. (2017). ESG ANALYSIS OF COMPANIES INCLUDED IN THE RESPECT INDEX – SUMMARY OF RESEARCH. The Scientific Journal European Policies, Finance and Marketing, (18(67), 170–180. https://doi.org/10.22630/PEFIM.2017.18.67.32
References

Bassen A., Meyer K., Schlange J., The influence of corporate responsibility on the cost of capital, 2006, http://ssrn.com/abstract=984406 (24.08.2017). (Crossref)

Burke L., Logsdon J.M., How corporate social responsibility pays off, Long Range Planning, vol. 29, 1996, s. 495-502. (Crossref)

DB Climate Change Advisors, Sustainable Investing. Establishing Long-Term Value and Performance, Deutsche Bank AG, Frankfurt am Main, 2012, https://www.db.com/cr/en/docs/Sustainable_Investing_2012.pdf (25.08.2017).

Domańska-Szaruga B., Rola czynników ESG w budowaniu wartości przedsiębiorstwa, Współczesne Zarządzanie / Contemporary Management Quarterly nr 4, 2011, s. 141-151.

Dyrektywa Parlamentu Europejskiego i Rady 2014/95/UE z 22 października 2014 r. zmieniająca dyrektywę 2013/34/UE w odniesieniu do ujawniania informacji niefinansowych i informacji dotyczących różnorodności przez niektóre duże jednostki oraz grupy (Dz. Urz. UE L 330 z 15.11.2014, str. 1 oraz Dz. Urz. UE L 207 z 04.08.2015, str. 1).

Jędrzejka D., Ujawnienia ESG polskich spółek giełdowych w świetle wyników badań, Studia Ekonomiczne, nr 186 cz. 2, 2014, s. 13-26.

Kaputa J., Raportowanie zrównoważonego rozwoju jako wyzwanie dla przedsiębiorstw XXI wieku, Zarządzanie i Finanse, 2013, s. 113-127.

Knox S., Maklan S., Corporate Social Responsibility: moving beyond investment towards measuring outcomes, European Management Journal, vol. 22, no. 5, 2004, s. 23-35. (Crossref)

Maignan I., Ferrell O.C., Antecedents and benefits of corporate citizenship: an investigation of french businesses, Journal of Business Research, vol. 51, 2001, s. 37-51. (Crossref)

Marcinkowska M., Odpowiedzialne przedsiębiorstwo na rynku kapitałowym - czyli o giełdowych indeksach zrównoważonego rozwoju, w: J. Duraj (red.), Przedsiębiorstwo na rynku kapitałowym, Wyd. UŁ, Łódź, 2010, s. 123-144.

Ribando J.M., G. Bonne G., A new quality factor: finding alpha with ASSET4 ESG data, Thomson Reuter, Starmine Research Note, 2010, http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.429.577&rep=rep1&type=pdf (24.08.2017).

Sikacz H., Wołczek P., Analysis and Evaluation of the RESPECT Index functioning, artykuł przyjęty do recencji w Pracach Naukowych Uniwersytetu Ekonomicznego we Wrocławiu, 2017a

Sikacz H., Wołczek P., Analiza ESG spółek z indeksu RESPECT na podstawie bazy ASSET4 ESG, artykuł po pozytywnych recenzjach oczekuje na publikację w Zeszytach Naukowych Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie, Polityki Europejskie, Finanse i Marketing, 2017b (Crossref)

Sikacz H., Wołczek P., ESG analysis of companies included in the RESPECT index based on Thomson Reuters EIKON database, artykuł przyjęty do recencji w Pracach Naukowych Uniwersytetu Ekonomicznego we Wrocławiu 2017c. (Crossref)

Sroka R. (red.), Analiza ESG spółek w Polsce, Stowarzyszenie Emitentów Giełdowych, Warszawa, 2012.

Sroka R. (red.), Analiza ESG spółek w Polsce, Stowarzyszenie Emitentów Giełdowych, Warszawa, 2014.

Thomson Reuters, ASSET4 ESG Data, 2012, https://www.thomsonreuters.com/content/dam/openweb/documents/pdf/tr-com-financial/fact-sheet/esg-datafact- sheet.pdf (24.08.2017).

Thomson Reuters, Thomson Reuters ESG Scores For Public Companies, Thomson Reuter ESG Score Data fact sheet, 2017a, https://financial.thomsonreuters.com/content/dam/openweb/documents/pdf/financial/esg-scoresfactsheet.pdf (25.08.2017).

Thomson Reuters, Thomson Reuters ESG Scores, Methodology, 2017b, https://financial.thomsonreuters.com/content/dam/openweb/documents/pdf/financial/esg-scoresmethodology. pdf (25.08.2017).

Statistics

Downloads

Download data is not yet available.
Recommend Articles
Licence
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

All articles published in European Policies, Finance and Marketing are fully open access. In this way, the scientific research results contained in articles published in our journal are available to every reader free of charge - in accordance with the CC BY-NC license (https://creativecommons.org/licenses/by-nc/4.0/).

 

According to the CC BY-NC license you are free to:

  1. Share — copy and redistribute the material in any medium or format
  2. Adapt — remix, transform, and build upon the material

The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. NonCommercial — You may not use the material for commercial purposes .
  3. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Source: https://creativecommons.org/licenses/by-nc/4.0/deed.en

According to that, the authors retain the copyright and full publishing rights.