skip to content

"Impact Award" for the team around Jun. Prof. Bauckloh!

We congratulate Wiso Professor Tobias Bauckloh and his team on an outstanding award.

[This content is not available in "Englisch" yet]

[This content is not available in "Englisch" yet]

The 7th Liechtenstein Workshop of Sustainable Finance took place on 21 September 2023. Leading experts from all over the world discussed current developments and research results in the field of sustainable finance. The highlight of the event was the award ceremony, where the most outstanding papers were honoured and the winners received their awards. The Impact Award of the LIFE Climate Foundation went to the team of Tobias Bauckloh (WiSo Faculty, University of Cologne), Juris Dobrick and André Höck (both University of Kassel), Sebastian Utz (University of Augsburg and University of St. Gallen) and Marcus Wagner (University of Augsburg and Bureau d'Economie Théorique et Appliquée, Strasbourg).

The team around Prof. Bauckloh examined the extent to which Sustainable Development Goals (SDG) ratings from different rating providers match. Prof. Bauckloh emphasises: "This is relevant because there is a financing gap for achieving the SDGs and investors could use SDG ratings to redirect financial resources to companies that make an important contribution to achieving the SDGs. For this to happen, however, it is necessary that SDG ratings from different providers make a consistent statement about a company's SDG contribution." However, the results of the study clearly show that SDG ratings from different providers are not consistent.

The rationale for the award also emphasises the important role of consistent SDG ratings. With regard to sustainable investments, these form an important basis for the efficient and sensible use of funds, especially in terms of sustainable finance.

We congratulate Prof. Bauckloh and his team most warmly and with a certain pride for the "Impact Award" and not least for their outstanding research work.