Ari, brilliant work proving carbon emissions causally depress ArcelorMittal's stock price! Your -0.13 cents per megaton finding exemplifies the kind of data-driven ESG approach our field needs. This aligns perfectly with my own views regarding ESG's evolution from compliance-driven "measurement theater" to strategic value creation. Your causal inference cuts through the usual correlation noise, providing the empirical foundation that executives need. As ESG transforms from political flashpoint (especially here in the U.S.) to tangible operational infrastructure, your methodology demonstrates how sophisticated analytics can drive voluntary sustainability action. When one can prove how emissions reductions cause stock price improvements, you've established the business case. This is ESG functioning effectively as a strategic value lever—exactly what I've been advocating. Outstanding contribution to evidence-based sustainability. Thank you!
Ari, brilliant work proving carbon emissions causally depress ArcelorMittal's stock price! Your -0.13 cents per megaton finding exemplifies the kind of data-driven ESG approach our field needs. This aligns perfectly with my own views regarding ESG's evolution from compliance-driven "measurement theater" to strategic value creation. Your causal inference cuts through the usual correlation noise, providing the empirical foundation that executives need. As ESG transforms from political flashpoint (especially here in the U.S.) to tangible operational infrastructure, your methodology demonstrates how sophisticated analytics can drive voluntary sustainability action. When one can prove how emissions reductions cause stock price improvements, you've established the business case. This is ESG functioning effectively as a strategic value lever—exactly what I've been advocating. Outstanding contribution to evidence-based sustainability. Thank you!
Thank you Otto, I appreciate your words! I'm enjoying your takes, too, it seems that we're quite aligned on these topics.
Indeed, Ari...
Looking forward to seeing you future articles.
Cheers!
😊👍