of a company relative to its asset-in-place whereas the PE ratio measures company’s market capitalization compared to its earnings. Because of its intuitive appeal and practical simplicity, the PE
Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................