2018 Alpha Beta Discounted Cash Flow 
Value Scope
JULY 21, 2020
Intangible asset valuation concepts can and should be applied to unique ESG cash flows. This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. In 2018, the number was about $5 billion. Adjustments to Beta can accomplish this. million to $271.5
Value Scope
SEPTEMBER 24, 2020
In 2018, the number was about $5 billion. “The As companies continue to legitimately integrate ESG into business strategy, the ability to achieve “alpha,” which is an excess return or performance above a codified index or peer group, might become more difficult to do. Adjustments to Beta can accomplish this. ciency bene?t
Expert insights. Personalized for you.
130 
Let's personalize your content