The Cost of Sustainability

In a world where Environmental Social and Governance (ESG) factors are reshaping industries this book dives into the heart of Europe's Food and Beverage sector to uncover the impact of ESG events on stock valuation. Through a comprehensive event study and quantitative analysis it examines investor behavior in response to ESG-related news comparing stock returns to industry benchmarks and major ESG indices. The findings reveal a complex often inconsistent market reaction influenced by external factors such as economic conditions corporate structures and global crises like the COVID-19 pandemic. As the financial world navigates sustainability trends and their integration into valuation models this book explores whether ESG truly drives market performance or if the market has yet to fully recognize its impact. A must-read for finance professionals sustainability advocates and anyone intrigued by the evolving intersection of ethics investment and economic performance.