Faculty & Research
Faculty & Research
- June 2025
- Teaching Material
Vail Resorts: Responding to Activist Pressure (B)
By: Benjamin C. Esty and Edward A. Meyer
- June 2025
- Case
Vail Resorts: Responding to Activist Pressure (A)
By: Benjamin C. Esty and Edward A. Meyer
| On January 27, 2025, the head of a relatively small hedge fund named Late Apex Partners sent a highly critical letter to the board of directors of Vail Resorts, the world’s largest ski resort operator. In his letter, and the 88-slide presentation that accompanied his... |
- Summer 2025
- Journal of Impact and ESG Investing
Are ESG Improvements Recognized? Perspectives from the Public Sentiments
By: Shaolong Wu
| While Environment, Social, and Governance (ESG) increasingly guides investment management and corporate agendas nowadays, public reactions to firms' ESG performance remain under-studied. This paper fills this gap by investigating whether the public picks up firms' ESG... |
- 2025
- Working Paper
An Empirical Examination of Business Climate Alliances: Effective and/or Harmful?
By: Matteo Gasparini and Peter Tufano
| This research studies business alliances that seek to address climate change, offering empirical evidence to address claims advanced by alliance supporters and critics. We study eleven major alliances mostly focused on financial services firms and 424 major... |
- May 2025
- Teaching Material
Social Enterprise in Latin America
By: Brian L. Trelstad and Karina Souza
| This research note provides an overview of the social enterprise ecosystem in Latin America, exploring current dynamics across key markets, including country-specific insights on Brazil, Mexico, Argentina, Colombia, Chile, and Central America. In a region characterized... |
- May 2025
- Teaching Material
Calyx Global: Rating Carbon Credits
By: Michael W. Toffel and Adam Chen
| Teaching note to support the Calyx Global: Ratinng Carbon Credits case (HBS No. 625-102) |
- May 2025
- Teaching Material
Governing Sustainability in a Shifting Context (B)
By: Lynn S. Paine and Will Hurwitz
- May 2025
- Teaching Material
On (B): The Cyclon Spins On
By: Ramon Casadesus-Masanell, Karolin Frankenberger, Sascha Mader and Karen Elterman
| A follow-up to the On case (723-430), this short case explores how the performance athletic shoe company On expanded its Cyclon subscription and recycling program through 2024, adding two new shoe models to the subscription and a one-time-purchase recyclable T-shirt. |
- May 2025
- Case
'Net Zero in Action': Impact Investing at the McKnight Foundation
By: Lauren Cohen, Christina R. Wing and Sophia Pan
| Elizabeth McGeveran, Vice President of Investments at the McKnight Foundation, reflected on how to effectively advance the organization’s net-zero strategy. The foundation had committed 10% of its endowment to building a portfolio of impact investments and was among... |
- May–June 2025
- Harvard Business Review
Sustainability as a Business-Model Transformation
By: Ivanka Visnjic, Felipe Monteiro and Michael L. Tushman
| Many global companies have made public commitments to sustainability targets. Fulfilling these commitments will require firms to transform their business models and organizational architectures. A few pioneers are leading the way, demonstrating that companies can make... |