article thumbnail

ESG Valuation Considerations – Top Down or Bottom Up?

Value Scope

Click to Download: ESG Valuation Considerations – Top Down or Bottom Up? This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. Adjustments to Beta can accomplish this. The re-levered Beta for the private company we were valuing was 0.56. Executive Summary.

article thumbnail

ESG A Valuation Framework

Value Scope

Click to Download: ESG A Valuation Framework. BlackRock, mentioned above, publishes a SASB disclosure document, easily downloaded from its website. Adjustments to Beta can accomplish this. Beta measures systemic risk, and the performance of a company as compared with a broad index like the S&P 500 or the Russell 2000.