Scientific Beta

National Review: "In a recently released paper, Scientific Beta, a “smart” index-platform provider, analyzed the data and concluded that ESG does not provide unique investment insights and that ESG strategies’ out-performance, where it exists, is the result of firm performance overall, rather than ESG-specific factors. The report, titled “Honey, I Shrunk the ESG Alpha,” very much suggests that the risk–return ESG hypothesis does not hold and, indeed, cannot hold..."

National Reveiw 12/07/2021

"(...) In a recently released paper, Scientific Beta, a “smart” index-platform provider, analyzed the data and concluded that ESG does not provide unique investment insights and that ESG strategies’ out-performance, where it exists, is the result of firm performance overall, rather than ESG-specific factors. The report, titled “Honey, I Shrunk the ESG Alpha,” very much suggests that the risk–return ESG hypothesis does not hold and, indeed, cannot hold... (...)"