The Haas Sustainable Business Research Prize, supported by Allan Spivack, encourages serious research with timely, real-world business practice applications among business school faculty around the world related to responsible business, sustainability, and ESG. Additionally, the prize will motivate thought leadership globally and add to the body of knowledge and intellectual capital in the role of business in society.
The prize is awarded by a committee of well-regarded sustainability researchers and practitioners affiliated with the UC Berkeley Haas School of Business who choose best in class academic studies to win a combined $20,000 prize.
2023 Topical Focus
In 2023, the Berkeley Haas Sustainable Business Research Prize sought papers that spoke to the intersection of individual and market behavior and sustainability. Recognizing that the global market is acting insufficiently to address the pending crisis associated with climate change and resource sustainability, papers were submitted that that explored economic levers that motivate individuals, corporations and markets to act with urgency on climate and resource saving initiatives.
Call for 2024 Papers will take place in the Spring 2024, check back at this webpage for more information then.
The 2023 Prize Winner and Finalists
From a strong field of submitted papers, Biodiversity Risk was selected as the winner of the 2023 Berkeley Haas Sustainable Research Prize. The paper has immediate potential application. Investors can use the findings to better understand how biodiversity risk affects current and future business performance and take better-informed positions on industries and specific equities. At the same time, researchers can use the new measures to delve more deeply into impacts in economics, business, and human welfare.
Winner: Biodiversity Risk Research paper / Research brief
Authors:
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- Stefano Giglio (Yale School of Management)
- Theresa Kuchler (NYU Stern School of Business)
- Johannes Stroebel (NYU Stern School of Business)
- Xuran Zeng (NYU Stern School of Business)
Finalist: Cost- Efficient Pathways to Decarbonizing Portland Cement Production Research paper/ Research brief
Authors:
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- Gunther Glenk (Harvard University and University of Mannheim)
- Anton Kelnhofer (Technical University of Munich)
- Rebecca Meier (University of Mannheim)
- Stefan Reichelstein (Stanford University and University of Mannheim)
Finalist: CRISK: Measuring the Climate Risk Exposure Research paper/ Research brief
Authors:
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- Hyeyoon Jung (Federal Reserve Bank of New York)
- Robert Engle (NYU Stern)
- Richard Berner (NYU Stern)
Finalist: Corporate decarbonization initiatives matter less than state climate policies Research paper/Research brief
Authors:
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- Benjamin Leffel (UNLV School of Public Policy and Leadership)
- Thomas Lyon (Ross School of Business, University of Michigan)
- Joshua Newell (School for Environment and Sustainability, University of Michigan)
Faculty Prize Committee
Chair: Ann E. Harrison, Bank of America Dean
Ann E. Harrison is the 15th dean of the Haas School of Business. Harrison, a renowned economist, has dedicated her career to creating inclusive and sustainable policies in development economics, international trade, global labor markets, and now in higher education.
Reed Walker, Transamerica Chair in Business Strategy
Reed Walker is an Associate Professor of Business and Public Policy and Economics at UC Berkeley. His research explores the social costs of environmental externalities, such as air pollution and how regulations to limit these externalities contribute to gains and/or losses to the economy.
Sytske Wijnsma, Assistant Professor
Sytske Wijnsma is an Assistant Professor in Operations Management at UC Berkeley Haas. Her primary research interest is designing supply chain and policy interventions that help solve real-world challenges with social and environmental impact.
Jonathan Weigel, Assistant Professor
Jonathan Weigel is an assistant professor in the Business and Public Policy Group at the Haas School of Business at the University of California Berkeley. His research interests are at the intersection of political economy, development, and public economics.
Panos Patatoukas, The L.H. Penney Chair in Accounting and Distinguished Teaching Fellow
Panos N. Patatoukas is a professor and the L.H. Penney Chair in Accounting at the Haas School of Business, UC Berkeley. His work focuses on interdisciplinary capital markets research in accounting, corporate finance, law, and economics and informs ‘micro-to-macro’ and ‘macro-to-micro’ questions bridging the gap between academics and practitioners.
David Vogel, Soloman P. Lee Chair Distinguished Professor Emeritus of Business Ethics | Professor Emeritus, Political Science Department | Editor, California Management Review
David Vogel is the Soloman Lee Distinguished Professor Emeritus of Business Ethics at Berkeley Haas and Professor Emeritus of Political Science. He has written extensively on both environmental management and government regulation.
Prize Administration
The Prize is administered by the Berkeley Haas Center for Responsible Business (CRB) and supported by Allan Spivack, MBA ‘80 and former President & CEO of RGI Home. Spivack is a long-time sustainable business vanguard and serves on the Senior Advisory Board of the Berkeley Haas Center for Responsible Business.
The CRB connects students, businesses, and faculty to mobilize the positive potential of business to create a more responsible, resilient, and sustainable society. Building on more than a decade of research, teaching, and engaging with business, we educate and provoke thoughtful debate. The Center encourages sustainability-minded research and its application in the marketplace of commerce and ideas.