The E in ESG and Its Relationship to Stock Returns
In this paper, we assess the relationship between the environmental pillar score (the ‘E’ in ESG) and stock returns in the Swedish stock market. Specifically, we analyze the OMXS60 index, which comprises the 60 most traded assets on the Nasdaq OMX Stockholm Exchange, examining how environmental ratings correlates with the development of returns. Additionally, we investigate how this relationship i
