Valuation and Sustainability: A Guide to Include Environmental, Social, and Governance Data in Business Valuation

Dejan Glavas is an Associate Professor of Finance at ESSCA School of Management (France). He holds a Ph.D. in sustainable finance from ESCP Business School and has published his work in academic journals such as the Journal of Cleaner Production, Finance and Bankers, Markets and Investors. His work specifically focuses on ESG, business valuation, green finance regulation, and green bonds. His approach to sustainable finance is one of extending existing knowledge and models to better factor in ESG. He won the 6^th SUERF / Unicredit Foundation Research Prize for his study "How Do Equity Investors React to Green Bond Issuance Announcements?" and the French Finance Association / "Revue Finance" Best Paper Award 2020 for his study titled "Green Regulation and Stock Price Reaction to Green Bond Issuance". He has worked as an expert on sustainable finance for the European Commission. Furthermore, he also teaches green financing at the Ecole des Ponts ParisTech and quantitative green finance at the ESCP Business School. He has extended experience as a financial and credit analyst at Fitch Ratings, the French Development Agency, Mazars, and the Société Générale CIB London branch. He is a member of the EU*Asia Institute, the French Finance Association, the AVIJED and the Shift Project.

Dejan Glavas 是法國 ESSCA 管理學院的金融副教授。他擁有 ESCP 商學院的可持續金融博士學位，並在《清潔生產期刊》、《金融與銀行家》、《市場與投資者》等學術期刊上發表過研究成果。他的研究專注於 ESG、企業估值、綠色金融法規和綠色債券。他對可持續金融的看法是擴展現有知識和模型，以更好地考量 ESG。他因研究「股權投資者如何對綠色債券發行公告作出反應？」而獲得第六屆 SUERF / Unicredit 基金會研究獎，並因研究「綠色法規與股價對綠色債券發行的反應」而獲得法國金融協會 / 《Revue Finance》2020 年最佳論文獎。他曾擔任歐洲委員會的可持續金融專家。此外，他還在巴黎高等橋樑學院教授綠色融資，在 ESCP 商學院教授定量綠色金融。他在 Fitch Ratings、法國發展署、Mazars 和法國巴黎銀行倫敦分行擔任金融和信用分析師方面擁有豐富的經驗。他是 EU*Asia Institute、法國金融協會、AVIJED 和 Shift Project 的成員。