Can ESG ratings consensus predict future ESG news and stock prices?
Barney Bruce-Smythe, Senior Associate (London)
![Post feature](/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBaGxHIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--fdb1287ab013ae29b2006a85851e85b8e59346ce/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJY0c1bkJqb0dSVlE2QzNKbGMybDZaVWtpRFRFeU9EQjRPRFV6QmpzR1ZBPT0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--4a0ea5eeb6f0e6d47bff3b653fd69e214040023f/andreas-gucklhorn-mawU2PoJWfU-unsplash.jpg)
We summarise a study that analyses whether ESG ratings and non-consensus between ratings agencies can be used to predict future ESG news sentiment and the associated stock market reaction.
LITERATURE
In this Literature Review, we discuss the January 2021 paper