A critical evaluation of risk return characteristics of environmentally focused stocks companies

Abstract

The objective of the paper is to critically evaluate and determine risk return profile environmentally focused stocks companies which are covered by STOXX Global ESG Environmental Leaders Index and whether this index should be taken in as an independent asset class of investments portfolio for its risk return improvement. This paper gives an empirical view on the ex post asset classes characteristics focused mainly on risk side of investmentThe objective of the paper is to critically evaluate and determine risk return profile environmentally focused stocks companies which are covered by STOXX Global ESG Environmental Leaders Index and whether this index should be taken in as an independent asset class of investments portfolio for its risk return improvement. This paper gives an empirical view on the ex post asset classes characteristics focused mainly on risk side of investment