A new study from Steel City Re claims that companies implementing ESG and reputational risk strategies have seen almost-immediate effects on their stock price.
The report says that those implementing these strategies saw their stock prices go 5% above market value within two weeks, with the premium almost doubled for those that publicly shared and validated those strategies.
According to Steel City Re, the stock prices of firms that managed, validated and publicized ESG and reputation risk management strategies on average gained 9.3% over the subsequent seven months after a precipitating event, while firms in which such processes were assumed by shareholders to be in place gained 4.3%.
