I research:
i) whether the environment is significant for financial markets.
ii) how the environment is measured.
I have a First Class joint degree in Economics and Geography (Glasgow) where I won the economics dissertation prize. I spent a year abroad in Helsinki. I have a PhD from the Environmental Economics & Policy cluster at LSE. I have been a Postdoc in Finance (UZH) since 2023.
I have worked for Carbon Cap Management, an environmental hedge fund, and the Transition Pathway Initiative, a net-zero research initiative, both in London.
A long-run interest is asset pricing, disclosure, and the environment.
Peer-Reviewed Publications
The Carbon Risk Premium, Journal of Alternative Investments, with Michael Azlen (Carbon Cap Management) and Alex Child (Carbon Cap Management)
Carbon allowances are a new asset class that have attractive properties for investors.
Working Papers
The risk premium for exposure to physical climate risk appears to be negative.
Robeco Sustainable Investing Best Paper Award, GRASFI Runner-up PhD Best Paper Award
Investors react to climate litigation against firms. Novel legal arguments have particularly strong reactions.
GRASFI Best Paper Award
Predicting exposure is hard. Learning from history is informative.
Last updated: February 2024
Teaching
I am an Associate Fellow of the (UK) Higher Education Academy (AFHEA). I have taught undergraduates and postgraduates; core, optional, and summer school courses:
Graduate Teaching Assistant
Sustainable Business & Finance, Quantitative Methods, Sustainable Development, Environmental Economics [LSE]
Thesis Supervisor
Finance [University of Zurich and MSCI collaboration], Geography with Economics [LSE]
Other Work
ChatReport: Democratizing Sustainability Disclosure Analysis through LLM-based tools, Proceedings of the 2023 Conference on Empirical Methods in Natural Language Processing: System Demonstrations, with Markus Leippold et al.
It is possible to assess climate-related disclosure (TCFD) automatically from reports.
Exploring Nature: Datasets and Models for Analyzing Nature-Related Disclosure, Association for the Advancement of Artificial Intelligence Conference 2024, with Schimanski et al.
A fine-tuned model for water, forestry, and biodiversity detects nature communication and outperforms keyword approaches.