Torben Trapp Headshot

Research Topic

Centralized Ownership and Societal Challenges: On the limits of Sustainable Finance

Research Summary

My PhD research looks at how Asset Management Firms (often described as Common and Universal Owners) have integrated Environmental and Societal challenges into their day-to-day practices, with a specific focus on Climate Change. This offers insights into the wider field of Sustainable Finance and how it has disrupted the status quo of Finance over time. Learning from the successes and failures of this transition is key for our understanding of which role Finance can play in the decarbonization of our economy.

These insights also trigger broader questions on whether the political and economic system that Finance is embedded in allows it (or any other field) to play much of a Stewardship role in this transition. I deal with these questions in my interdisciplinary work on Neoliberalism, Market Societies, and Post-Growth.

Supervisors

Publications

  • Trapp, T. (2024). Business Schools and Inequality. In E. Rosier, A. Lindgreen, A. Erz, B. Marder & S. van Wallpach (Eds.), Business Education in the 21st Century (pp. 147-168). Edward Elgar Publishing: Cheltenham.
  • Trapp, T., & Amis J. M. (Forthcoming). Institutional Logics. Encyclopedia of Strategy as Practice. Edward Elgar Publishing: Cheltenham.
  • Basso, F & Trapp, T. (2025). On the WEIRDo Neoliberal policies that protect free markets over the planet and its people. The Lancet Planetary Health.
  • Täger, M, Stenström, A., Trapp, T., Liu, F. & Golka, P. (Forthcoming). The politics of 'green' finance as knowledge contestations. Finance & Society.

Research Area

Background

I'm a PhD researcher interested in Sustainable Finance, Common Ownership, and Societal Challenges. All of my work is driven by my curiosity to learn more about the intersection of Business and Society. My motivation is to broaden our understanding of the political and economic conditions that would allow organizations to contribute to the alleviation of Grand Challenges like Climate Change and Inequality.

Education and Qualifications

Institute Award Dates
London School of Economics MSc Psychology of Economic Life 2020–2021
Hertie School of Governance MA International Affairs 2018–2020
University of Europe for Applied Sciences BSc Business Psychology 2014–2018

Professional and Voluntary Experience

  • Timo Schisanowski MP - Policy Analyst, October 2021–August 2022
  • Oliver Kaczmarek MP - Intern & Working Student, April–July 2018 and October–December 2018
  • PricewaterhouseCoopers - Intern Advisory HR IT, February 2016–August 2016