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RePEcAsset Pricing & Factors

Carbon Neutrality Commitment Announcements and Subsequent Stock Returns

Market analysis of 887 carbon neutrality announcements reveals statistically significant negative abnormal returns over 12 months, suggesting investors view pledges as signals of future cost burdens.

Featured in No. 137 on 30 Oct 2026 · 3 days after release

Market reaction after the standard earnings call (Group 0) and earnings call connected with carbon neutraliy pledge
Figure 1: Market reaction after the standard earnings call (Group 0) and earnings call connected with carbon neutraliy pledge (Group 1)
Released
27 Oct 2026
First featured
No. 137 · 30 Oct 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
2 of 5
Identifier
RePEc:prg:jnlwps:v:6:y:2026:id:6.005
Authors
Michal Vyletelka

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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