Mitsubishi HiTec Paper presents environmental prize

GreenPrint Print Solutions

Mitsubishi HiTec Paper has presented the Environmental award, science category, to Professor Doctor Alexander Bassen at the annual meeting of BAUM in Frankfurt, Germany.

The German Working Group for Environmentally Conscious Management (BAUM 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 recognise the fact that we have the power to promote sustainable economic activity through investment,’ emphasised Professor Doctor Maximilian Gege, chairman of BAUM. ‘Some of our award winners are involved in responsible investment scientifically, journalistically or practically within their companies.’

‘As a long standing BAUM member, we are pleased to present the environmental award in the science category to Professor Bassen this year,’ said Doctir 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.’

Professor Bassen conducts research on the fundamentals and concepts of responsible investment, ie 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.