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Construction of a responsible investment composite index for renewable energy industry

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  • Lee, Cheuk Wing
  • Zhong, Jin

Abstract

In the past decade, environmental, social and country governance (ESG) aspects as well as economy have become key factors for decisions in the investment and future development of renewable energy industry. As a result, construction of an index for an effective measurement and benchmark of the overall sustainability and economy across countries becomes inevitable. In practice, the index should be capable to reflect a close-to-complete evaluation of existing and future conditions of renewable energy. At the same time, it should also be capable to reveal the key ESG and economic elements related to renewable energy industry. In such case, the index does not only provide an effective investment tool for investors, but also allows the index users to perform necessary comparative analyses.

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  • Lee, Cheuk Wing & Zhong, Jin, 2015. "Construction of a responsible investment composite index for renewable energy industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 288-303.
    • Handle: RePEc:eee:rensus:v:51:y:2015:i:c:p:288-303
    DOI: 10.1016/j.rser.2015.05.071
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    9. Madurai Elavarasan, Rajvikram & Pugazhendhi, Rishi & Irfan, Muhammad & Mihet-Popa, Lucian & Campana, Pietro Elia & Khan, Irfan Ahmad, 2022. "A novel Sustainable Development Goal 7 composite index as the paradigm for energy sustainability assessment: A case study from Europe," Applied Energy, Elsevier, vol. 307(C).
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    12. Halkos, George E. & Aslanidis, Panagiotis – Stavros C., 2023. "Sustainable energy development in an era of geopolitical multi-crisis. Applying productivity indices within institutional framework," Resources Policy, Elsevier, vol. 85(PB).
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