The 2025 Wallenberg lecture, titled "Decarbonisation Commitments: Signals, Substance, or Spin?" will be given by Professor Marcin Kacperczyk (Imperial and ECGI).
Professor Kacperczyk's pioneering work explores how financial markets respond to climate-related risks and corporate decarbonisation strategies. Amid growing scrutiny of net-zero commitments — from regulatory tightening to corporate retreat — this year’s lecture will examine the credibility, impact, and valuation of decarbonisation pledges. Drawing on empirical research and real-world developments, Professor Kacperczyk will offer insights into how markets interpret these commitments, how governance mechanisms can reinforce or undermine them, and what’s at stake as the climate finance landscape evolves.
📆 Lecture details:
Thursday, 6 November 2025 | 18:00 – 20:00 CET
📍 Conference Location:
Solvay Brussels Business School, Avenue Franklin Roosevelt, 42, 1050 Bruxelles - Building R42, Belgium
Since 2006, the ECGI has organised a yearly lecture at the time of its Annual General Assembly. These lectures, given by prominent scholars, are open to the public and address a topical governance issue. On some occasions, a debate has taken place instead of a lecture.
In 2020, the lecture was renamed 'The Wallenberg Lecture' in recognition of the support from The Wallenberg Foundations, by affiliation with ECGI's patron member, Investor AB.
Speakers
Marco Becht
Sponsored by

Professor Marcin Kacperczyk
Marcin Kacperczyk is a Professor of Finance at Imperial College London, a Research Associate at the Center for Economic Policy Research, managing editor of the Review of Finance and a Research Member of ECGI.
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