Ideas Made to Matter
ESG ratings: Don’t throw the baby out with the bath water
ESG ratings may be flawed, but they remain the most effective way to measure the ethical behavior of companies, MIT researchers contend.
Feb 23, 2023
Rigobon’s team wins 2022 Allocators’ Choice Award
The MIT Sloan Sustainability Initiative’s Aggregate Confusion Project won the Institutional Investor’s 2022 Allocators’ Choice Award for Partnership of the Year.
The MIT award winners are:
Jason Jay (team leader; director of the Sustainability Initiative; senior lecturer);
Florian Berg (project co-founder; research scientist);
Julian Koelbel (project co-founder; research affiliate);
and Roberto Rigobon (Society of Sloan Fellows Professor of Management and Professor of Applied Economics).
In addition to the MIT team, the initiative includes the Massachusetts Pension Reserves Investment Management Board, Qontigo, MFS Investment Management, AQR Capital Management, and Asset Management One. The project works to reduce the level of noise in ESG (environmental, social, and governance) measurement by improving data available to managers and allocators. More information about the MIT Sloan Sustainability Initiative’s Aggregate Confusion Project is online here.
