School of Business and Management Department of Finance 184 Institutional Investors and Environmental, Social, and Governance (ESG) Preferences Supervisor: YEGEN Eyub / FINA Student: LI Jingrui / MAEC MAK Hoi Yung / MARK NG Josiah Jian Wei / SENG ZENG Ziyu / IPO Course: UROP1000, Summer UROP1000, Summer UROP1000, Summer UROP1000, Summer This paper mainly explores the institutional investors and their environmental, social, and governance preferences by researching different literature in the ESG field and studying in-depth the leading enterprise in ESG and financial field, our team got a basic idea of institutional preference on the criteria of ESG. The team also found that companies with higher ESG commitment and conduction will have better long-term performance in both financial and non-financial fields, and also get a higher long-term value. There are still some challenges we meet during our research, some further research is still needed as this is quite a broad topic that can include all works of life. Institutional Investors and Environmental, Social, and Governance (ESG) Preferences Supervisor: YEGEN Eyub / FINA Student: SUN Wing Tung / ACCT Course: UROP1100, Fall Environmental, Social, and Governance (ESG) has become increasingly important in evaluating a company’s performance. Nevertheless, it remains unclear whether the investors in financial markets would take ESG into consideration. This project aims to understand whether certain types of investors have specific preferences to ESG by collecting data, manually matching datasets, and reading reports related to ESG from the proxy statement filed in https://www.sec.gov/edgar/searchedgar/companysearch.html (U.S. Securities and Exchange Commission). The targeted investors included mutual fund, hedge fund and endowments. With the limited number of proposals (1099) I have analyzed, no clear conclusions can be drawn. However, the data being worked on combined with the work of my teammates will help in identifying their respective preferences. Institutional Investors and Environmental, Social, and Governance (ESG) Preferences Supervisor: YEGEN Eyub / FINA Student: WU Yifeng / QFIN Course: UROP1100, Fall In this UROP report, articles related to ESG-topic are summarized for writer to understand the whole picture of this research project. Abbreviated for the words Environmental, Social, and Governance, ESG is a trending topic for Finance researchers to explore the externalities generation and elimination during company’s operation. This report summarizes key concepts of ESG development and debate, and gives out a recent example of ESG research that sheds light on potential research interests for UROP participants.