Coulson (2002)

Coulson, Andrea, and ISIS Asset Management. "A Benchmarking Study: Environmental Credit Risk Factors in the Pan-European Banking Sector." ISIS Asset Management (London), September 2002.

Reviews the environmental risk controls of 10 European banks in which ISIS holds shares. Includes considerable detail on the banks' approach to environmental risk, probably more detail than has ever been published for a group of financial institutions prior to this. Comments that "the overwhelming consensus [of the banks] was that sound environmental credit risk assessment was a fundamental constituent of thorough overall credit risk assessment, and, all other things being equal, environmental risk factors played a potentially material role in financial outcomes," but no empirical evidence is provided for this assertion.