Celebrating Excellence at the Inaugural Gasperini ESG Awards.
- A Night of Innovation and Recognition in Sustainable Finance
On the evening of May 23, 2024, the European Federation of Financial Analysts Societies (EFFAS) and the Associazione Italiana per L’ Analisi Finanziaria (AIAF) hosted the inaugural Gasperini ESG Awards at the Intesa Sanpaolo Conference Hall in Milan, marking a milestone in the promotion of sustainable finance. Named in honor of Andrea Gasperini, member of the AIAF and a passionate advocate for sustainability, the awards ceremony recognized remarkable contributions to ESG Research.
- Honoring Groundbreaking Research
The ceremony, attended by enthusiasts of the financial and academic worlds, awarded top honors to cutting-edge research studies that push the boundaries of our understanding of ESG issues. The first prize was awarded to Cláudia Custódio, Miguel A. Ferreira, Emilia Garcia-Appendini, and Adrian Lam for their study, “Does Climate Change Affect Firm Output? Identifying Supply Effects.” This pivotal research provides deep insights into the impacts of climate change on business outputs through supplier networks.
Following closely, the second prize was secured by José Tavares and Sharmin Sazedj for their work on “The Gender Gap at the Top: How Network Size and Composition Impact CEO Pay.” This study illuminates the significant role professional networks play in gender disparities at the executive level, offering a nuanced analysis of executive compensation.
– 1° Does Climate Change Affect Firm Output?
Identifying Supply Effects.
– 2° The Gender Gap at the Top:
How Network Size and Composition Impact CEO Pay.
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A Tribute to Andrea Gasperini
The awards also served as a platform to remember and honor Andrea Gasperini, whose dedication to ESG principles has left a mark on the field. His commitment to fostering sustainable practices resonates strongly in the Gasperini Awards, inspiring a new generation of professionals and researchers.
- Keynote Insights from Hans Buysse
The event featured a keynote speech by Hans Buysse, Chair of the Administrative Board at EFRAG. Buysse presented the evolving landscape of European sustainability reporting, highlighting EFRAG’s ambitious goals to develop a standardized sustainability reporting framework.
His presentation underscored the importance of integrating sustainability into the legal and financial reporting frameworks, aiming to bolster transparency and reliability across Europe
- A Commitment to the Future
The Gasperini ESG Awards represent not just a celebration of outstanding research, but also EFFAS’s commitment to advancing the global sustainability agenda. By fostering rigorous academic inquiry and recognizing outstanding contributions, EFFAS continues to promote sustainable financial practices that are vital for future generations.
- Looking Ahead
As the night concluded, attendees were left inspired by the achievements of their peers and the ongoing commitment to sustainability championed by EFFAS. With the Gasperini ESG Awards set to become an annual event, the future looks promising for sustainable finance, guided by the principles Andrea Gasperini held dear.
EFFAS extends its gratitude to all participants, jury members, and the broader community for their dedication to ESG excellence and looks forward to next year’s event, which promises to bring even more innovative insights to the forefront of sustainable finance.
- About EFFAS
EFFAS is a Not-for-profit organisation set up in 1962 with 14 national member associations in Europe, representing more than 16,000 Financial analysts, Asset managers, pension fund managers, corporate finance specialists, risk managers, treasurers among many other professional profiles from the investment profession. EFFAS is a certification body for finance with over 24,400 certificate holders worldwide. https://effas.com/
