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The World Bank (2021) defines ‘Sustainable Finance’ as “the process of taking due account of environmental, social and governance (ESG) considerations when making investment decisions in the financial sector, leading to increased longer-term investments into sustainable economic activities and projects.”

Cardiff Sustainable Finance Research Group invites scholars working on different areas of sustainability as well as finance and promotes collaborative and transformative research to bridge the gap between broad fields of those studies. By doing so, the group engages in academic activities that directly support Cardiff Business School’s ‘Public Value’ ethos.

Aims

  • facilitate interdisciplinary research on sustainability and finance across sections, schools, and universities
  • support Cardiff Business School’s ‘Public Value’ philosophy by connecting the group’s members with outside stakeholders to inform them about their research on sustainable finance
  • promote Cardiff Business School as one of the world-leading centres for research on sustainability and finance
  • support scholars in achieving high quality and impactful research that contributes in various subject areas of sustainable finance

Meet the team

Director

Picture of Onur Tosun

Dr Onur Tosun

Reader (Associate Professor) in Finance

Telephone
+44 29208 74517
Email
TosunO@cardiff.ac.uk

Academic staff

Picture of Susan Bartlett

Professor Susan Bartlett

Professor of Accounting and Finance

Telephone
+44 29208 75193
Email
Bartlett@cardiff.ac.uk
Picture of Mengyuan Chen

Dr Mengyuan Chen

Lecturer in Accounting and Finance

Email
ChenM12@cardiff.ac.uk
Picture of Izidin El Kalak

Dr Izidin El Kalak

Senior Lecturer (Associate Professor) in Finance

Telephone
+44 29208 74961
Email
ElKalakI@cardiff.ac.uk
Picture of Arman Eshraghi

Professor Arman Eshraghi

Professor of Finance and Investment

Telephone
+44 29225 10880
Email
EshraghiA@cardiff.ac.uk
No picture for Dudley Gilder

Dr Dudley Gilder

Lecturer in Accounting and Finance

Telephone
+44 29208 75561
Email
GilderD@cardiff.ac.uk
Picture of Bo Guan

Dr Bo Guan

Lecturer in Accounting and Finance

Telephone
+44 29225 11772
Email
GuanB1@cardiff.ac.uk
Picture of Bilal Hafeez

Dr Bilal Hafeez

Lecturer in Finance

Telephone
+44 29225 11875
Email
HafeezB2@cardiff.ac.uk
Picture of Saeed Heravi

Professor Saeed Heravi

Professor in Quantitative Methods

Telephone
+44 29208 75787
Email
HeraviS@cardiff.ac.uk
Picture of Qian Li

Dr Qian Li

Lecturer in Sustainable Business Operations

Telephone
+44 29208 79247
Email
LiQ50@cardiff.ac.uk
Picture of Hao Li

Dr Hao Li

Lecturer in Finance

Email
LiH86@cardiff.ac.uk
Picture of Maryam Lotfi

Dr Maryam Lotfi

Senior Lecturer of Sustainable Supply Chain Management and Deputy Head of Section Research, Impact and Innovation

Telephone
+44 29225 10877
Email
LotfiM@cardiff.ac.uk
No picture for Asma Mobarek

Dr Asma Mobarek

Senior Lecturer in Economics

Telephone
+44 29208 74256
Email
MobarekA@cardiff.ac.uk
Picture of Peter Morgan

Professor Peter Morgan

Professor of Quantitative Analysis

Telephone
+44 29208 75727
Email
MorganPH@cardiff.ac.uk
Picture of Helen Mussell

Dr Helen Mussell

Senior Lecturer in Organizational Studies and Director of Online Learning

Telephone
+44 29206 88841
Email
MussellH@cardiff.ac.uk
Picture of Hui Situ

Dr Hui Situ

Senior Lecturer in Accounting

Telephone
+44 29208 74271
Email
SituH1@cardiff.ac.uk
Picture of Qingwei Wang

Professor Qingwei Wang

Head of Accounting and Finance
Professor of Finance

Telephone
+44 29208 75514
Email
WangQ30@cardiff.ac.uk
Picture of Yizhi Wang

Dr Yizhi Wang

Lecturer in Finance

Telephone
+44 29225 13227
Email
WangY510@cardiff.ac.uk
Picture of Tina Xu

Dr Tina Xu

Senior Lecturer in International Business and Management

Telephone
+44 29208 74417
Email
XuY63@cardiff.ac.uk

Postgraduate students

No picture for Razan Ibrahim Altowairqi

Miss Razan Ibrahim Altowairqi

Research student

Email
IbrahimAltowairqiR@cardiff.ac.uk
No picture for Yixuan Zhang

Ms Yixuan Zhang

Graduate Tutor

Email
ZhangY352@cardiff.ac.uk

Publications

Events

Sustainable Finance Conference 2024

Conference date: 25 October 2024

In collaboration with the Sustainable Financial Innovation Centre (SFiC) at the University of Birmingham, the Cardiff Sustainable Finance Research Group (CSFRG) are proud to announce the Sustainable Finance Conference on 25 October 2024 at Birmingham Business School.

The aim of the conference is to facilitate extensive discussions surrounding cutting-edge research in Sustainable Finance, which not only provides valuable insights but also explores the multifaceted opportunities and challenges associated with sustainable finance development.

We invite researchers, practitioners, and policymakers to submit their original research papers and case studies that contribute to the field of Sustainable Finance. This includes, but is not limited to, the following areas:

  • green finance, carbon credit, climate finance
  • corporate governance, corporate social responsibility
  • diversity, equity and inclusivity
  • artificial intelligence and machine learning applications in sustainable finance
  • green financial institutions
  • risk management, stress testing and green/sustainable/climate finance challenges
  • cryptocurrency and digital finance interactions with green/sustainable/climate finance
  • contagion and interlinkages between climate/sustainable financial instruments
  • green/sustainable/climate assets and portfolio allocation
  • environmental risks and regulatory policies

Keynote speaker

Omrane Guedhami is the C. Russell Hill Professor and Professor of International Finance at the Darla Moore School of Business at the University of South Carolina. Dr. Guedhami’s research interests are international, covering corporate governance, audit quality, tax enforcement, state capitalism and privatization, national culture, and corporate social responsibility. His publication record includes more than 120 peer-reviewed articles published in leading academic journals (42 articles in Financial Times’ Top 50 Journals List).

He has received numerous research distinctions and prestigious awards, including the 2003 Best Dissertation in International Finance Case Award, the 2011 Moskowitz Prize for Socially Responsible Investing Award, the 2015 Emerald Citations of Excellence Award. the Journal of International Business Studies Silver Medal (2019). Recently, he was identified as a Top Journal of Corporate Finance Author between 1994 and 2018, and among the top scholars in corporate governance and culture and finance.

He is currently an Editor for Contemporary Accounting Research, Journal of Business Ethics, Corporate Governance: An International Review, and a Consulting Editor for the Journal of International Business Studies.

Publication Opportunities

With consultation with the Editor-in-Chief, selected conference papers will be invited for regular submission to The European Journal of Finance, International Review of Economics and Finance, Journal of Sustainable Finance & Investment.

Conference Chairs

  • Professor Hisham Farag – Birmingham Business School
  • Dr Onur Kemal Tosun – Cardiff Business School

Programme Committee

  • Dr Santosh Koirala – Birmingham Business School
  • Dr Xiaofei Xang – Birmingham Business School
  • Dr Bilal Hafeez – Cardiff Business School
  • Dr Bo Guan – Cardiff Business School

Past events

DateEvent Type/LocationAbout
21 May 2024SeminarDr Jana Fidrmuc, University of Warwick ‘Shareholder activism: Blessing or affliction for incumbent CEOs’
19 March 2024SeminarDr Danmo Lin, University of Warwick ‘The Spillover of Corporate ES on Bank Loan Cost’
11 May 2023SeminarDr Bilal Hafeez, Cardiff University ‘Seizing the opportunity: Climate policy uncertainty exposure and the U.S. withdrawal from the Paris Accord’

Cardiff Sustainable Finance Conference 2023

The first International Sustainable Finance Conference organised by the Cardiff Sustainable Finance Research Group (CSFRG) was held on Friday 10 November 2023 at Cardiff Business School.

Professor Peter Wells, Pro Dean for Public Value, Cardiff Business School welcomed the delegates to the conference. Eight high-quality papers were invited for presentation, these were from Westminster International University in Tashkent, Newcastle University, University of Bath, and Cardiff University. The themes of the papers included ‘Corporate Environmental Performance and Stock Price Crash Risk; Supply Chain Carbon Leakage; CEOs’ Personal Values and Environmental, Social and Governance (ESG) Performance;Green Innovation;Climate Policy Uncertainty;Environmental Degradation and Digital Economy; Extinction Accounting for De-extinction and Rewilding; Wildfire Smoke and Local Businesses’.

The keynote presentation was given by Professor Hisham Farag, University of Birmingham.

Following the concluding remarks by Dr Onur Kemal Tosun, Director of CSFRG, the conference closed with a Gala Dinner.