By considering over 1,000 large corporations that are among the top R&D investors worldwide, this paper examines the relationship between ESG ratings and green patents over the years 2016-2018. We find significant associations between corporate ESG scores and green patents, indicating that the companies investing heavily in R&D are increasingly adopting and documenting ESG practices by targeting environmentally sustainable innovations.
ESG ratings and green patents: evidence from the top world's R&D investors / Balducci, Nicolo; Sterlacchini, Alessandro. - In: ECONOMIA MARCHE JOURNAL OF APPLIED ECONOMICS. - ISSN 3034-8234. - ELETTRONICO. - 43:3(2024), pp. 54-63. [10.57638/3034-823ESGRD]
ESG ratings and green patents: evidence from the top world's R&D investors
Balducci, Nicolo;Alessandro Sterlacchini
2024-01-01
Abstract
By considering over 1,000 large corporations that are among the top R&D investors worldwide, this paper examines the relationship between ESG ratings and green patents over the years 2016-2018. We find significant associations between corporate ESG scores and green patents, indicating that the companies investing heavily in R&D are increasingly adopting and documenting ESG practices by targeting environmentally sustainable innovations.File | Dimensione | Formato | |
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