Systemic risk monitoring and ESG investing for institutional investors

Academic research from HEC Lausanne providing data-driven tools for risk measurement and sustainable investing.

Providing Measures of Systemic Risk

Monitoring systemic risk in the European financial system.

Expected capital shortfall of European financial institutions in a market crisis, at each month end. Shaded bands mark crisis episodes; hover any point for the value at that date. Last observation 30 Oct 2026: €560 bn.