Your Guide to Executive Learning

All experts
AboutVideosBiography

Julian Kölbel

CSP Head of Research, Post-Doc BMW Foundation Herbert Quandt Fellow Research Affiliate at MIT Sloan at University of Zurich

Assistant Professor in Sustainable Finance, University of St.Gallen. SFI Faculty Member at Swiss Finance Institute

Schools

  • Swiss Finance Institute
  • University of Zurich

Links

Biography

University of Zurich

Dr. Julian Kölbel is a 35 year old economist and environmental scientist and the BMW Foundation Fellow at the Center for Sustainable Finance and Private Wealth (CSP) at the University of Zurich. His research covers the real-world impact of sustainable investing, analysis of environmental, social and governance (ESG) metrics, as well as the effects of climate change on risk and return. Julian has studied at ETH Zurich, the University of Oxford, and has worked as a Post-Doc at MIT Sloan. Professionally, he has worked at Bank Vontobel, RepRisk AG, and is currently a member of the investment committee at the Swiss pension fund Abendrot.

Publications

*Journal Article *

  • On the Nature of Corporate Sustainability Kölbel Julian, Meuer Johannes, Hoffmann Volker H In: Organization & Environment, Vol. 33, (3), p. 319-341, September 2020
  • Can Sustainable Investing Save the World? Reviewing the Mechanisms of Investor Impact Kölbel Julian, Heeb Florian, Paetzold Falko, Busch Timo In: Organization & Environment, Vol. 33, (4), p. 554-574, June 2020
  • Signaling legitimacy across institutional contexts-The intermediary role of corporate social responsibility rating agencies Kölbel Julian, Busch Timo In: Global Strategy Journal, , January 2020
  • The Six-Sentence Argument: Training Critical Thinking Skills Using Peer Review Kölbel Julian, Jentges Erik In: Management Teaching Review, Vol. 3, (2), p. 118-128, January 2018
  • How Media Coverage of Corporate Social Irresponsibility Increases Financial Risk Media Coverage of Corporate Social Irresponsibility Kölbel Julian, Busch Timo, Jancso Leonhardt M In: Strategic Management Journal, Vol. 38, (11), p. 2266-2284, March 2017

*Book Chapter *

  • Understanding Sustainable Finance Kölbel Julian, Jaeggi Olivier, Webber Ziero Gabriel, Tobin-de la Puente John Editor: Wendt Karen In: Positive Impact Investing : A Sustainable Bridge between Strategy, Innovation, Change and Learning, Springer, Berlin, p. 39-63, Published: 2018

Swiss Finance Institute

Julian Kölbel is Assistant Professor of Sustainable Finance at the University of St.Gallen. Professor Kölbel is also a research affiliate at MIT Sloan, where he is a co-founder of the Aggregate Confusion Project. In addition to his academic work, he serves on the investment committee of the Swiss pension fund Abendrot.

Expertise

Professor Kölbel is studying the causes of disagreements regarding ESG ratings as well as the impact of ESG ratings on financial markets and the economy. To better understand the causes of rating divergence among data providers, he decomposes that divergence into three distinct contributions: measurement, scope, and weight. Measurement divergence refers to gauging the same attribute with different indicators; scope divergence emerges when different attributes are used; weight divergence, meanwhile, emerges when rating agencies attribute different weights because of their different views. Empirical results show that measurement divergence is the prime cause of rating disagreements. Examining further the impact of ESG ratings, he shows that ESG rating changes matter in financial markets, but so far have had only a limited impact on the real economy.

Videos

Read about executive education

Other experts

Looking for an expert?

Contact us and we'll find the best option for you.

Something went wrong. We're trying to fix this error.