Mitsubishi HiTec Paper presents B.A.U.M. environmental prize 2017, science category

Mitsubishi HiTec Paper, the Bielefeld producer of coated speciality papers, has presented the Environmental award, science category, to Prof. Dr. Alexander Bassen at the annual meeting of B.A.U.M. on 17th& 18th May in Frankfurt a.M. / Germany.

The German Working Group for Environmentally Conscious Management (B.A.U.M. eV ) has honoured company representatives, scientists and journalists who have made outstanding contributions to the environment and sustainability every year since 1993. In 2017, the focus was on sustainable investment.

"It is time to recognize the fact that we have the power to promote sustainable economic activity through investment," emphasizes Prof. Dr. Maximilian Gege, chairman of B.A.U. M. "Some of our award winners are involved in responsible investment scientifically, journalistically or practically within their companies."

"As a long-standing B.A.U.M. member, we are pleased to present the environmental award in the science category to Prof. Dr. Bassen this year," says Dr. Bernd Gerecht from Mitsubishi HiTec Paper. "As an energy-intensive company, we attach particular importance to sustainable production, sustainable products and an appropriate company orientation. Sustainability and company success go hand in hand for us. "

Prof. Dr. Alexander Bassen conducts research on the fundamentals and concepts of Responsible Investment, i.e. sustainable investment. He examines the link between sustainability successes and the financial success of companies. The professor of business administration at the University of Hamburg has been particularly interested in the relevance of climate data for many years. He also explores experimentally the behaviour of investment professionals in investment decisions in sustainable financial products. A further focus of his work is sustainability reporting and its impact on the performance of companies, as well as the importance of sustainability information for the efficiency of capital markets.