August 11, 2022
Working Papers
Complimentary CONTENT
Decarbonization Demonized
By: Alex Cheema-Fox CFA, FRM, George Serafeim, State Street Associates
August 11, 2022
By: Alex Cheema-Fox, George Serafeim, State Street Associates
By Alexander Cheema-Fox and George Serafeim
Despite strong energy sector performance over the past year, best-in-industry decarbonization and climate solutions investments have exhibited strong returns.
Author Bios
Alex Cheema-Fox
Alex Cheema-Fox is Managing Director and Head of Investor Behavior and Sustainability Research at State Street Associates
George Serafeim
George is a professor at Harvard Business School whose research combines accounting, finance, management, and strategy. His influential work has documented the energy transition and its cross-market effects, and his book “Purpose and Profit: How Business Can Lift Up the World” explores the challenges and opportunities of driving impact with purpose-driven organizations. George’s in-depth assessments of corporate dynamics give State Street clients new evidence on how capital allocation aligns with long-term stakeholder goals.
State Street Associates
1. Peter L. Bernstein Award for Best Article in an Institutional Investor Journal in 2013; Bernstein-Fabozzi/Jacobs-Levy Award for Outstanding Article in the Journal of Portfolio Management in 2006, 2009, 2011, 2013 (2), 2014, 2015, 2016, 2021; Graham & Dodd Scroll Award for article in the Financial Analysts Journal in 2002 and 2010. Roger F. Murray First Prize for Research Presented at the Q Group Conference in 2012, 2021, 2023. Harry M. Markowitz Award for Best Paper in the Journal of Investment Management in 2022, 2023. Doriot Award for Best Private Equity Research Paper in 2022.