THESIS APPLICATION FORM

General information

First Name : Shuangjun

Last Name : YU

Which language will you use to write your thesis?

French
English

* Compulsory courses average grades:

9103BR – Management Information Systems Tools/Spreadsheets 4.7

9203BR – Statistics 5.9

9220BM – Academic Writing 4.8

GPA (by the end of your BOSC3) 5.13

* The first 3 lines are not applicable to BOSC3 Direct Entries.

 Proposition of topic and supervisor

Name of the thesis

DERCHI Giovanni-Battista
supervisor

General Topic ESG investing

Title of the thesis

(can be changed
Stranded asset disclosure: how should company communicate to
after ONLY with
investors about stranded asset
your supervisor’s
agreement)

In recent decades, environmental issues have been the most

urgent crisis for the whole planet. Many countries have realized the
impact of environmental issues on the macroeconomy. Large
cooperates have also started to take action for their long-term
development. The whole world has been accelerating the low-
carbon transition after the Paris Agreement. However, industries
like fossil fuel, agriculture and forestry might have a big risk of
assets being stranded. Stranded assets are defined as assets that
have suffered from unanticipated or premature write-downs,
devaluation, or conversion to liabilities (Caldecott, Ben, Howarth,
and McSharry 2013).

Research has shown that in order to fulfill the Paris Agreement goal
of controlling temperature increase within the range of 2 degrees,
Presentation of
only 20% of the fossil fuel reserve could be burned between 2010
your research
and 2050 (Dinah A et al., 2016). This indicates most assets of the
project
company have a big risk of stranding and this could alert the
investors. However, since the whole responsible investment is still
in the developing phase. There are few guidelines and regulations
in the financial market for companies to disclose clear information
regarding the stranded asset. Fossil fuel companies are also
debating whether their asset will be stranded. For investors, failing
to recognize stranded assets can put investments at risk. Since the
future value of the company would be discounted due to stranded
assets. A more developed disclosure system would help a company
to be more transparent and investors to make the right investment
decisions.

Hence, this BOSC thesis will investigate the possible measurements

to help companies quantify the risk factors and disclose methods
on their financial statement or sustainability report.

I certify I filled out this form on my own and that the mentioned information are exact.

Date: 2022/10/28

Student’s signature: Supervisor’s signature:

Ecole hôtelière de Lausanne 2