We are proud to announce that Manuel C. Kathan, Raphaela Roeder, and Sebastian Utz from our Centre of Climate Resilience, together with Martin Nerlinger from the 新万博体育下载_万博体育app【投注官网】 of St. Gallen, have received the Climate Finance Award, presented by Liechtenstein Life Assurance AG and the 新万博体育下载_万博体育app【投注官网】 of Liechtenstein, at the Liechtenstein Workshop of Sustainable Finance. Their paper, “How Does Competition Affect Firms’ Carbon Performance? Firm-Level Evidence from Tariff Cuts,” was recognized for its outstanding impact to the field of sustainable finance.

Their research provides compelling evidence that increased competition through tariff cuts drives firms to reduce their carbon intensities across different scopes, showing that market dynamics can play a pivotal role in advancing global climate targets.

This achievement underscores our institution’s strong commitment to leadership in sustainability, impactful research, and addressing the global climate challenge.

We warmly congratulate Manuel, Raphaela, Sebastian, and Martin on this outstanding achievement and look forward to their continued contributions to research and society.