Exploring Sector Specific Esg Effects on Valuation A Gics Based Analysis

Abstract

There has been an increasing importance of Environmental, Social and Governance (ESG) factors on investments and business plans globally. Investors, regulators and stakeholders have realized that ESG criteria are significant in evaluating the durability of a company as well as its ability to withstand shocks from the environment. This therefore calls for integration of ESG principles into investment strategies which have so far gained popularity in transforming traditional methods used for valuing assets under risk