Florian Berg

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Florian Berg

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Honors

Financial Times recognizes MIT Sloan sustainability researchers and staff

September 30, 2025

Publications

"Reviving Anomalies."

Beckmeyer, Heiner, Florian Berg, Timo Wiedemann, and Jonas Wortmann, MIT Sloan Working Paper 7378-26. Cambridge, MA: MIT Sloan School of Management, March 2026.

"The Traffic Light Effect in ESG Ratings."

Berg, Florian, Jess Cornaggia, Cristian Foroni, and Francesco Tripoli, Working Paper. 2026.

"The Market for Voluntary Carbon Offsets."

Berg, Florian, Marco Ceccarelli, Florian Heeb, Alexey Ivashchenko, and Roberto Rigobon, MIT Sloan Working Paper 7345-25. Cambridge, MA: MIT Sloan School of Management, November 2025.

"On the Importance of Assurance in Carbon Accounting."

Berg, Florian, Jaime Oliver Huidobro, and Roberto Rigobon, MIT Sloan Working Paper 6969-24. Cambridge, MA: MIT Sloan School of Management, April 2025.

"Quantifying the Returns of ESG Investing: An Empirical Analysis with Six ESG Metrics."

Berg, Florian, Andrew W. Lo, Roberto Rigobon, Manish Singh, and Ruixun Zhang, MIT Sloan Working Paper 6930-23. Cambridge, MA: MIT Sloan School of Management, February 2023.

"The Economic Impact of ESG Ratings."

Berg, Florian, Florian Heeb, and Julian Kölbel, MIT Sloan Working Paper 6787-22. Cambridge, MA: MIT Sloan School of Management, July 2022.

Media Highlights

Press Carbon Herald

MIT study finds carbon credit prices reflect buyers' preferences far more than climate impact

The voluntary carbon market (VCM) prices credits based more on who is buying them than on how much good they do for the climate, according to research by professor Roberto Rigobon, principal research scientist Florian Berg, and co-authors — a finding that raises fundamental questions about whether the market is channeling money toward the most effective climate solutions. The study analyzed more than 7,200 real transactions made between 2018 and 2024, covering roughly 11% of the global secondary VCM by dollar value.

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Press The Economic Times

'The ESG movement is resilient now — Donald Trump did bring a backlash but the impact is less dramatic than expected'

In this interview with principal research scientist Florian Berg he said: "It is true that a lot of companies have withdrawn from net zero alliances. Some of the companies that have withdrawn from those initiatives might not have been very serious about them in the first place. Going beyond that, there is an increasing number of companies disclosing how much CO2 they emit or offering other ESG data. Broadly speaking, four years ago, over 6,000 large companies disclosed CO2 emissions — now, it's 24,000."

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Press Financial Times

ESG might be more resilient than critics expect

Principal research scientist Florian Berg wrote: "For those concerned about the threats to the world from climate change, some of the signals this year from institutional investors and investment banks are alarming. But there are reasons to be hopeful about the resilience of efforts to tackle environmental issues at the corporate level."

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