Research Cluster -Impact Cases
i-score Impact on Understanding ESG Performance of Hong Kong Listed Firms by Prof. Louis Cheng
The i-score and its Impact on Understanding ESG Performance of Hong Kong Listed Firms
Executive Summary
Prof. Louis Cheng began to explore ESG and green finance research in 2018. Through constantly engagement with the industry and the market, he identified an important industry need in ESG integration for asset management industry and listed firms in Hong Kong. Based on a 2019 working paper from the MIT team[1] on the ESG divergence, he began to develop the idea of i-score as an academic research issue while applying it in various industry engagement to create an impact for the professional community. In the story below, you can see how the i-score research journey and the industry engagement unfold.[1] Berg, F., Kölbel, J., and Rigobon, R. (2019). Aggregate Confusion: The Divergence of ESG Ratings”. Available at SSRN: https://ssrn.com/abstract=3438533; the paper published at Review of Finance (2022).
Professor Louis Cheng, Tsz Wan, Dr S H Ho Professor of Banking and Finance, and Director of Research Centre for ESG
Read more about this case: https://rib.hsu.edu.hk/wp-content/uploads/2025/03/Impact-Story_Louis-CHENG.pdf
Using Research to Solve Social Problems: To Go Electric or To Burn Coal? A Randomized Field Experiment of Informational Nudges by Dr Li King King
Research Funding Supported by National Natural Science Foundation of China (NSFC Grant No. 71973099)
Project Team:
- Prof. Hanming FANG, Joseph M. Cohen Term Professor of Economics, University of Pennsylvania
- Dr. King King LI, Associate Professor, The Hang Seng University of Hong Kong
- Dr. Peiyao SHEN, Postgraduate Research Fellow, The University of Queensland
Dr Li King King, Associate Professor, Department of Economics and Finance
- The Social Problem: Low Adoption of Cleaner Electric Heating
- What have we done? A Randomized Field Experiment of Informational Nudges
- Key Takeaways: Insights for Solutions for the Social Problem