Banks' ESG disclosure: A new scoring model

[摘要] The study aims to apply an original methodology for aggregating indicators in a new ESG scoring model, to assess the level of banks' ESG disclosure. The methodology allows to calculate the BESGI score - Banks' Environmental, Social, Governance and Indirect impacts score - and to compare it with mathematical and geometric means. This method applies a flexible aggregation function, that is able to treat the indicators as not fully substitutable, by avoiding compensations among divergent performances. A pilot empirical application of the BESGI model is presented in the paper, to discover banks' green-washing practices.

[发布日期] 2023-11-01

[关键词] INDEX