Performance of ESG Funds Under the Shadow of Climate Policy Uncertainty
Raktim Ghosh,
Biswajit Paul,
Bhaskar Bagchi
Abstract:This study empirically investigates the effects of the climate policy uncertainty (CPU) on the BSE 100 ESG during the study period December 2017 to August 2023 in the backdrop of the application of ESG reporting that was introduced in India in December 2009 with the voluntary guidelines issued by the Ministry of Corporate Affairs (MCA), Government of India. To address the objectives of the study, different econometric tools namely the FIGARCH model, Wavelet Coherence Analysis, Johansen Co-integration test, Wal… Show more
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