Publications

Edinger-Schons, L.M., Stroehle, J., Gümüsay, A.A. et al. Monetary impact valuation for sustainable business. Nature Sustainability. 2025

Berg, Florian, and Koelbel, Julian, and Lo, Andrew, and Rigobon, Roberto, and Singh, Manish, and Zhang, Ruixun. Quantifying the Return of ESG Investing: An Empirical Analysis with Six ESG Metrics (2023). Forthcoming Journal of Portfolio Management

Berg, Florian, Koelbel, Julian, and Rigobon Roberto. Aggregate Confusion: The Divergence of ESG Ratings. 2022. Review of Finance 26, 1315–1344.

Lead Article in Review of Finance

Pagano Zechner Price 2023

Runner up best paper award Gronen Conference 2020
Best overall paper award Grasfi 2020
Best paper award on ESG Standards Grasfi 2020

Investments & Wealth Institute Governance Insight Award 2021
Best paper award Liechtenstein Workshop of Sustainable Finance 2021

Working Papers

Berg, Florian and Ceccarelli, Marco and Heeb, Florian and Ivashchenko, Alexey and Rigobon, Roberto and Zwinkels, Remco C.J. The Market for Voluntary Carbon Offsets. 2025

Crippa, Giulia and Berg, Florian and Rigobon, Roberto. Corporate Omissions: Correcting the Bias in Carbon Reporting. 2025

Berg, Florian and Oliver Huidobro, Jaime and Rigobon, Roberto. On the Importance of Assurance in Carbon Accounting. 2024

Berg, Florian and Fabisik, Kornelia and Sautner, Zacharias. Is History Repeating Itself?: The (Un)Predictable Past of ESG Ratings. 2021

John L. Weinberg/IRRCi 2022 Research Paper Award

Cornell ESG Research Conference 2022 Best Paper Award

CFA Society Germany Investment Research Award Runner-up

Berg, Florian and Kölbel, Julian and Pavlova, Anna and Rigobon, Roberto, ESG Confusion and Stock Returns: Tackling the Problem of Noise. 2022

ARCS 2022 People's Choice Award

Berg, Florian, Heeb, Florian, and Koelbel, Julian. The Economic Impact of ESG Ratings. 2022