Daugaard Dan, Kent Danielle, Servátka Maroš, Zhang Lyla
University of Tasmania, Hobart, Australia.
Discipline of Finance, University of Sydney Business School, The University of Sydney, Sydney, Australia.
Sci Rep. 2024 Jan 5;14(1):583. doi: 10.1038/s41598-023-50965-w.
The global warming crisis is unlikely to abate while the world continues to collectively fund the extraction and burning of fossil fuels. Carbon divestment is urgently needed to ward off the impending climate emergency. Yet responsible investments still only account for a modest share of global assets. We conduct an incentivized artefactual field experiment to test whether framing divestment as a social norm, communicating it by a person with perceived credibility and expertise (a messenger), and highlighting optimistic attributes bolster responsible investment. Our subjects are investment professionals who have significant influence over the allocation of funds. We provide evidence that optimistic framing increases responsible investment. Assuming a comparable effect size, the observed increase would represent a $3.6 trillion USD global shift in asset allocations.
只要世界继续集体资助化石燃料的开采和燃烧,全球变暖危机就不太可能缓解。迫切需要撤资以避免即将到来的气候紧急情况。然而,负责任投资在全球资产中所占份额仍然较小。我们进行了一项有激励的人工实地实验,以测试将撤资构建为一种社会规范、由具有可信度和专业知识的人(信使)传达以及突出乐观属性是否会促进负责任投资。我们的受试者是对资金分配有重大影响的投资专业人士。我们提供的证据表明,乐观的框架会增加负责任投资。假设效应大小相当,观察到的增长将代表全球资产配置发生3.6万亿美元的转移。