IDEAS home Printed from https://ideas.repec.org/a/cup/anacsi/v18y2024i2p379-422_6.html
   My bibliography  Save this article

DivFolio: a Shiny application for portfolio divestment in green finance wealth management

Author

Listed:
  • Marupanthorn, Pasin
  • Peters, Gareth W.
  • Ofosu-Hene, Eric D.
  • Nikitopoulos, Christina S.
  • Richards, Kylie-Anne

Abstract

This paper introduces DivFolio, a multiperiod portfolio selection and analytic software application that incorporates automated and user-determined divestment practices accommodating Environmental Social Governance (ESG) and portfolio carbon footprint considerations. This freely available portfolio analytics software tool is written in R with a GUI interface developed as an R Shiny application for ease of user experience. Users can utilize this software to dynamically assess the performance of asset selections from global equity, exchange-traded funds, exchange-traded notes, and depositary receipts markets over multiple time periods. This assessment is based on the impact of ESG investment and fossil-fuel divestment practices on portfolio behavior in terms of risk, return, stability, diversification, and climate mitigation credentials of associated investment decisions. We highlight two applications of DivFolio. The first revolves around using sector scanning to divest from a specialized portfolio featuring constituents of the FTSE 100. The second, rooted in actuarial considerations, focuses on divestment strategies informed by environmental risk assessments for mixed pension portfolios in the US and UK.

Suggested Citation

  • Marupanthorn, Pasin & Peters, Gareth W. & Ofosu-Hene, Eric D. & Nikitopoulos, Christina S. & Richards, Kylie-Anne, 2024. "DivFolio: a Shiny application for portfolio divestment in green finance wealth management," Annals of Actuarial Science, Cambridge University Press, vol. 18(2), pages 379-422, July.
    • Handle: RePEc:cup:anacsi:v:18:y:2024:i:2:p:379-422_6
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1748499524000046/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:anacsi:v:18:y:2024:i:2:p:379-422_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aas .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.