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How ESG Ratings Can Affect a Firm’s Cost of Equity

Reynolds Holding

trillion in 2016. Our findings challenge the widely held belief that higher ESG ratings always lead to a reduction in the cost of equity financing. This surge is part of a global trend: The Global Sustainable Investment Alliance (GSIA) estimates that sustainable asset values in the U.S., trillion in 2020 from $22.8

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Challenging The Banks

Global Finance

Higher interest rates have given banks some relief over the past few years, increasing their net interest income while hampering competitors—particularly fintech startups dependent on equity financing. The FSB reported that global NBFI assets shrank 5.5% Long-term trends remain adverse, though.