Four successful quantitative investment strategies
“The overall volume of ESG-related posts increased at a faster rate than any other type of role over the period, consistent with companies increasingly focused on sustainability, but also showing significant variation across companies, sectors, and pillars,” the Barclays job summary says. “We think that ESG job posting data may serve as a leading indicator of future changes in companies’ ESG ratings given the time lag between hiring decisions for ESG-related roles and their implications on company operations and activities. “In line with our expectations, we found that firms with a higher intensity of ‘abnormal’ ESG posting were more likely to experience a rating upgrade approximately two to three years after the posting date compared to their peers in the same sector with a higher intensity of ‘abnormal’ ESG posting. lower. “Furthermore, firms with a higher intensity of ‘abnormal’ ESG postings also enjoyed significantly better subsequent stock performance compared to other firms, afte