On June 13, 2016 Calvert Investment Management, Inc. and Professor George Serafeim of the Harvard Business School announced the publication of their study entitled, “The Financial and Societal Benefits of ESG Integration: Focus on Materiality.”
The press release explains: “This study, which is the second paper in the Calvert-Serafeim series, explores how systematic analysis of material environmental, social and governance (ESG) data may be able to help portfolio returns without adding additional risk.“
You may read the press release on the media page of Calvert Investments internet site.
You may download the study from the perspectives page of the site.