Together with researchers from Vienna, Stavanger and Brussels, I recently published a paper titled “Can information provision and preference elicitation promote ESG investments? Evidence from a large, incentivized online experiment” in the Journal of Banking and Finance. We study the role that providing information about financial returns and environmental, social, and governance (ESG) impacts plays in influencing investors’ decisions towards sustainable investments. Our research reveals that both financial return information and ESG impact information stimulate investors towards ESG investments. Interestingly, combining these two types of information does not enhance the effect beyond presenting either one alone. This insight is crucial for financial advisors and institutions looking to promote ESG investments among their clients, as it suggests a targeted approach to information provision can be effective. Link to the paper (open access)
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