KPIs for ESG - DVFA

Acknowledgments
In writing this document, DVFA’s KPI laboratory was fortunate to receive support from many individuals who
contributed to the KPIs for ESG. We would like to thank all of these people and the organisations they
represent for sharing their ideas and sharpening our understanding of the potential of KPIs for ESG in the
context of investment decisions: Stefan Barthelmes, Prof. Dr. Alexander Bassen, Rob Bauer, Uwe Bergmann,
Tommy Borglund, Melissa Brown, Murray Burford, Dr. Daniela Carosio, B. Cavendish, Hye-Won Choi, Matt
Christensen, Cecile Churet, Frank Curtiss, Philippe Desfossés, Jean Philippe Desmartin, Hans Dijkstra, Paul
Druckman, Robert Eccles, Robin Edme, Barbara Evans, Daniel Fermon, Daniel Foa, Sarah Forrest, Carl-Johann
Francke, Jan de Graaf Frank, Dietlind Freiberg, Gunnar Friede, Ingo Frommen, Magnus Furugard, Sebastian
Growe, Claus Gruber, Matthew Haigh, Anne Haunhorst, Gaëtan Herinckx, Dr. Helke Hillebrand, Dieter W. Horst,
Lutz Horstick, Anna Hyrske, Marcel Jeucken, Keith L. Johnson, Petra Kachel, Mark Kahlenberg, Frank Klein,
Robert Klijn, Matthias Kopp, Thomas Körfgen, Claudia Kruse, Mike Krzus, Annette Kunde, Rob Lake, Floris
Lambrechtsen, Martine Leonard, Susan Levermann, Katrin Lieber-Braun, Joachim Löchte, Gianluca Manca,
Steve Maslin, Jochen Mathée, Bill McGrew, Pierin Menzli, Fritz Mostböck and his team at Erste Group Research
Vienna, Paolo Nazzaro, Andrew Ness, Hiu Ng, René Nicolodi, Burkhard Pahnke, Susan Pennarubia, Marcus
Pratsch, Dr. Kay Rathke, Carl Rosen, David Russell, Thomas Schießle, Marisa Schläfke, Joachim Schlange,
Michael Schmidt, Ebba Schmidt, Christoph Schwab, Anne Sheehan, Anne Simpson, Florian Sommer, Ingo
Speich, Christian Strenger, John Swannick, Dr. Raj Thamotheram, Alison Thomas, Kees van Ardenne, Mark van
Clieaf, Pieter van Stijn, Stephane Voisin, Claudia Volk, Dr. Julia Warth, Ingo Wermann, Cynthia A. Williams,
Rainer Wunderlin
Given that this work is by and large the product of voluntary efforts, the successful outcome required thorough
editing and good DTP skills. Here we would like to thank Julius Kostka and Michael Kolb at DVFA for helping us
get our work into good shape.
Hendrik Garz Felix Schnella Ralf Frank
April 2010
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