ESG as a Value Creator or Destroyer: It's What You Make It!

An up-to-date and complete approach to incorporating ESG considerations in real-world M&A transactions

In Green Gold, a team of seasoned strategists and analysts delivers a comprehensive discussion of how value is created and destroyed by ESG considerations in mergers and acquisitions transactions. The authors explain how environmental, social, and governance considerations impact financial value in M&A, providing extensive examples and case studies.

The book explores successful and unsuccessful attempts to incorporate and account for ESG. It offers a practical methodology and structured approach that you can use in real-world transactions when dealing with ESG value.

Inside the book:

• Explorations of the investment lifecycle predominantly focused on ESG due diligence
• Discussions of materiality and maturity assessments and a comprehensive examination of the ESG investment thesis
• Introductions to an ESG adjusted earnings and cash-flow forecast

Perfect for students of finance with a focus on ESG and sustainability, as well as students in MBA programs and M&A professionals working at accounting and law firms, investment banks, private equity firms, and hedge funds. Green Gold is also an invaluable guide for board members and senior executives.

MICHEL DRIESSEN is a Professor in the Practice of Finance and the Director of the M&A Research Centre at Bayes Business School. In addition, he is a Chairman, Business Advisor and Board Member. He was previously a Senior Partner in the Strategy and Transactions Group at EY UKI.

SEBASTIAN SCHMIDT is a partner at EY Parthenon who leads an expert group for Decision Support and Business Modelling within Strategy & Transactions for the Europe West region.