Remove Definition Remove Excess Earnings Method Remove Weighted Average Cost of Capital
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ESG A Valuation Framework

Value Scope

Fixed definitions are hard to come by, and the scattering of websites, scorecards, speeches, podcasts, and white papers that mention ESG in many different ways do not help. Alpha is an adjustment made to the Capital Asset Pricing Model (“CAPM”) as part of the calculation of the Weighted Average Cost of Capital, or “WACC.”