The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 53-465
Full Name: Cătălin Popescu
Position: Professor
Age: ON
Sex: Male
Address: B.dul Republicii, nr.116, Bl.210, ap.04, Ploiesti, 100375
Country: ROMANIA
Tel: 0040721547571
Tel prefix:
Fax: 0040244575847
E-mail address: catalin_nicolae@yahoo.com
Other E-mails: cpopescu@upg-ploiesti.ro
Title of the Paper: The consequences of climate change and social responsible behaviour
Authors as they appear in the Paper: Mirela Matei, Cătălin Popescu, Irina Gabriela Rădulescu
Email addresses of all the authors: mirematei@yahoo.com,catalin_nicolae@yahoo.com,iradulescu@upg-ploiesti.ro
Number of paper pages: 10
Abstract: Taking into account its implications, the climate change is an economic and social issue. The dimensions of this phenomenon are dramatic and because of that, the international and regional organizations and public have initiated different adaptation and mitigation measures in order to cope with this problem. The private sector is also preoccupied by this topic and financial institutions, companies, portfolio investors and exchanges have tried to adapt to this new challenge. On financial market, the innovation is intense, and in some directions, this phenomenon is determined by climate change. New financial products have been lunched and the interest of investors for these products is high because they have additional speculative and hedging instruments. In addition, the behaviour of public authorities, investors and corporations has been changed, in some extend, by the climate change. For example, the public authorities from developed countries initiated different !
green public procurement policies, the corporations run social responsible programs with an environmental component, portfolio investors are focused on environmental, social and governance (ESG) issues in order to make social responsible investment.
Keywords: Climate change, Innovation, Finance, Exchange, Carbon, Hedging instruments
EXTENSION of the file: .doc
Special (Invited) Session:
Organizer of the Session:
How Did you learn about congress: Environmental, social and governance issues
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