Peter Tufano
Baker Foundation Professor
Baker Foundation Professor
Peter Tufano is a Baker Foundation Professor at Harvard Business School and Senior Advisor to the Harvard Salata Institute for Climate and Sustainability. From 2011 to 2021, he served as the Peter Moores Dean at Saïd Business School at the University of Oxford. From 1989 to 2011, he was a Professor at HBS, where he oversaw the school’s tenure and promotion processes, campus planning, and university relations and was the founding co-chair of the Harvard i-lab. His current work focuses on climate finance, climate alliances, and the financial impact of climate on households. His body of research and course development also spans financial innovation, financial engineering, and household finance.
Peter Tufano is a Baker Foundation Professor at Harvard Business School and Senior Advisor to the Harvard Salata Institute for Climate and Sustainability. From 2011 to 2021, he served as the Peter Moores Dean at Saïd Business School at the University of Oxford. From 1989 to 2011, he was a Professor at HBS, where he oversaw the school’s tenure and promotion processes, campus planning, and university relations and was the founding co-chair of the Harvard i-lab.
Tufano’s current work focuses on business solutions to climate change, in particular the role of climate finance and climate alliances, as well as the financial impact of climate change on households.
Tufano’s climate finance agenda builds on his decades of work on financial innovation, financial engineering, and financial institutions. In 2023, he assembled leading scholars in climate finance to launch Financial Economics of Climate and Sustainability (FECS) to train the next generation of climate scholars. In 2024, this virtual doctoral reading group drew students from over 130 universities globally, with 24 hours of material delivered by the core faculty and enhancement activities at the local schools. See climatefinancephd.org. Tufano’s research and case writing examine how risk engineering, return engineering, and financial collaborations are at the core of climate finance. His current work on risk engineering studies the critical role of the insurance sector as well as advance purchase commitments. Tufano sits on climate-related advisory groups in investment management, data services, insurance, and law.
Tufano’s work on climate alliances is informed by his personal experiences in creating and sustaining alliances—particularly in the educational space. At Oxford, he championed Business Schools for Climate Leadership bringing together eight business schools in Europe to support businesses addressing the climate crisis facing the planet. (This group has now broadened to include clusters in Africa as well as the Middle East.) His FECS course, described above, is another example of applying collaborative models to move climate education forward. Tufano’s research in this space, with researchers from Harvard, Oxford and IMD, looks at the theories of change and potential benefits of alliances, potential anti-trust implications of climate alliances, recommendations for disclosure practices, and a forthcoming empirical study of the potential positive and negative impact of alliances. His case-writing examines a few different types of alliances, ranging from net zero alliances to buyers’ pools to stimulate new climate markets. A proponent in the power of collaboration to effect systems change, Tufano is acting as Senior Advisor to Harvard’s Salata Institute for Climate and Sustainability. The Institute will draw upon the extensive expertise and resources across Harvard and beyond to develop and promote durable, effective, and equitable solutions to the climate change challenges confronting humanity.
Tufano’s work on the financial impacts of climate change on households blends his newer work on climate with his long-standing expertise in household finance. In particular, with a variety of coauthors Tufano is studying the relationship between extreme weather—a marker of climate change—and household finances, using both very large and very targeted datasets.
Tufano’s work on business responsibilities and systems change is reflected in a number of his recent pieces and is an outgrowth of his service as Dean. His recent HBR piece with Sandra Sucher and David Bersoff studies what people around the globe expect from business—and where they think it is falling short. His writing over the last decade discusses the role of business schools in addressing systemic issues. His Oxford research on the corporate adoption of ESG practices as part of the Ownership Project at Oxford finds strong relationships between ownership and ESG practices. Tufano teaches two HBS MBA RC courses—Leadership and Corporate Accountability as well as the Purpose of the Firm—that bring business responsibilities and systems change into the curriculum.
As Dean at Oxford, Tufano championed the mission of making business, business schools, and entrepreneurship forces for justice and systems change, re-orienting the School around global challenges while transforming the gender and global composition of the class. This orientation, along with his approach of “embedding” the School within the broader University, produced the 1+1 MBA programme; the required Global Opportunities and Threats: Oxford (GOTO) course; its global analogue, Map the System; the Engaging with the Humanities Programme; the Oxford Foundry; Oxford’s joining of the Creative Destruction Lab, its Aspen-Oxford Leadership Programme, and more.
Tufano founded and chairs Commonwealth, a non-profit building financial security and opportunity for financially vulnerable people through innovation and partnerships to change systems. Their work contributed to the passage of the American Savings Promotion Act in December 2014 (which removed federal barriers to the sale of prize-linked savings product) and a decade later is currently at the forefront of workplace-based emergency savings initiatives.
Tufano earned his BA in economics (summa cum laude), MBA (with high distinction) and PhD in Business Economics at Harvard University. He is a Fellow of the Academy of Social Sciences and earned GARP’s certification in Sustainability and Climate Risk.
- Featured Work
-
Intentional cooperation between two organizations — BlackRock, a major asset management firm, and national non-profit, Commonwealth — created the conditions for the nation’s largest payroll processor, multiple U.S. employers, retirement record keepers, and others to work together to help address systemic U.S. household financial insecurity through a workplace-based savings plans. This was not the typical retirement-savings programs, but rather an emergency-savings programs, designed to reduce the financial fragility that often affects those living on low to moderate or volatile incomes with little ability to cope with a financial emergency.A better approach to stakeholder managementCole, Shawn A., Benjamin Iverson, and Peter Tufano
- Books
-
- Kester, W. Carl, Richard Ruback, and Peter Tufano, eds. Teaching Manual to accompany Case Problems in Finance. 12th ed. Chicago: McGraw-Hill, 2005. View Details
- Kester, W. Carl, Richard Ruback, and Peter Tufano, eds. Case Problems in Finance. 12th ed. Chicago: McGraw-Hill, 2004. View Details
- Mason, Scott P., Robert C. Merton, André Perold, and Peter Tufano. Teacher's Manual for Cases in Financial Engineering: Applied Studies of Financial Innovation. Prentice Hall, 1996. View Details
- Crane, D. B., K. A. Froot, Scott P. Mason, André Perold, R. C. Merton, Z. Bodie, E. R. Sirri, and P. Tufano. The Global Financial System: A Functional Perspective. Boston: Harvard Business School Press, 1995. View Details
- Mason, Scott P., Robert C. Merton, André Perold, and Peter Tufano. Cases in Financial Engineering: Applied Studies of Financial Innovation. Englewood Cliffs: Prentice Hall, 1995. View Details
- Journal Articles
-
- Flacke, Timothy, and Peter Tufano. "One Way to Help Employees Build Emergency Savings." Harvard Business Review (website) (May 14, 2024). View Details
- Bersoff, David M., Sandra J. Sucher, and Peter Tufano. "How Companies Should Weigh in on a Controversy: A Better Approach to Stakeholder Management." Harvard Business Review 102, no. 2 (March–April 2024): 108–119. View Details
- Gasparini, Matteo, Knut Haanaes, and Peter Tufano. "When Climate Collaboration Is Treated as an Antitrust Violation." Harvard Business Review (website) (October 17, 2022). View Details
- Galdón, Concepción, Knut Haanaes, Daniel Halbheer, Jennifer Howard-Grenville, Katell Le Goulven, Mike Rosenberg, Peter Tufano, and Amelia Whitelaw. "Business Schools Must Do More to Address the Climate Crisis." Harvard Business Review Digital Articles (February 1, 2022). View Details
- Cole, Shawn A., Benjamin Iverson, and Peter Tufano. "Can Gambling Increase Savings? Empirical Evidence on Prize-Linked Savings Accounts." Management Science 68, no. 5 (May 2022): 3282–3308. View Details
- Wanat, Marta, Mary Logan, Jennifer A. Hirst, Charles Vicary, Joseph J. Lee, Rafael Perera, Irene Tracey, Gordon Duff, Peter Tufano, Thomas Fanshawe, Lazaro Mwandigha, Brian D. Nicholson, Sarah Tonkin-Crine, and Richard Hobbs. "Perceptions on Undertaking Regular Asymptomatic Self-testing for COVID-19 Using Lateral Flow Tests: A Qualitative Study of University Students and Staff." BMJ Open 11, no. 9 (September 2021). View Details
- Comstock, Laura, Michael Holland, and Peter Tufano. "Learning from Lehman: Lessons for Today." Analysis Group Forum (2020), 9–14. View Details
- Tufano, P. "Training Leaders to Win Wars and Forge Peace: Lessons from History." Business History Review 94, no. 4 (Winter 2020): 807–833. View Details
- Clark, Gordon, Maurizio Fiaschetti, and Peter Tufano. "Advice in Defined Contribution Plans." Chap. 6 in Financial Decision Making and Retirement Security in an Aging World, edited by Olivia S. Mitchell, P. Brett Hammond, and Stephen P. Utkus, 96–114. Oxford, UK: Oxford University Press, 2017. View Details
- Lusardi, Annamaria, and Peter Tufano. "Debt Literacy, Financial Experiences, and Overindebtedness." Journal of Pension Economics & Finance 14, no. 4 (October 2015): 329–365. View Details
- Lusardi, Annamaria, Daniel Schneider, and Peter Tufano. "The Economic Crisis and Medical Care Usage: Comparative Evidence from Five High-Income Countries." Social Science Quarterly 96, no. 1 (March 2015): 202–213. View Details
- Tufano, P., Michael Quinn, and Ryan D. Taliaferro. "Live Prices and Stale Quantities: T+1 Accounting and Mutual Fund Mispricing." Journal of Investment Management 10, no. 1 (2012): 5–15. View Details
- Campbell, Dennis, F. Asis Martinez-Jerez, and Peter Tufano. "Bouncing Out of the Banking System: An Empirical Analysis of Involuntary Bank Account Closures." Journal of Banking & Finance 36, no. 4 (April 2012): 1224–1235. View Details
- Ryan, Andrea, Gunnar Trumbull, and Peter Tufano. "A Brief Postwar History of U.S. Consumer Finance." Harvard Business School Working Paper, No. 11-058, December 2010. View Details
- Lusardi, Annamaria, Daniel Schneider, and Peter Tufano. "The Economic Crisis and Medical Care Usage." Harvard Business School Working Paper, No. 10-079, March 2010. View Details
- Kaplan, Robert S., Anette Mikes, Robert Simons, Peter Tufano, and Michael Hofmann Jr. "Managing Risk in the New World." Harvard Business Review 87, no. 10 (October 2009): 68–75. View Details
- Tufano, Peter. "Just Keep My Money! Supporting Tax-time Savings with U.S. Savings Bonds." Harvard Business School Working Paper, No. 09-059, October 2008. (Revised August 2010.) View Details
- Tufano, Peter, and Daniel Schneider. "Using Financial Innovation to Support Savers: From Coercion to Excitement." Harvard Business School Working Paper, No. 08-075, April 2008. View Details
- Cole, Shawn A., John Thompson, and Peter Tufano. "Where Does It Go? Spending by the Financially Constrained." Harvard Business School Working Paper, No. 08-083, March 2008. (Revised April 2008.) View Details
- Tufano, P., Nick Maynard, and Jan-Emmanuel De Neve. "Consumer Demand for Prize-Linked Savings: A Preliminary Analysis." Harvard Business School Working Paper, No. 08-061, February 2008. View Details
- Martinez-Jerez, Francisco de Asis, Sanjiv Das, and Peter Tufano. "eInformation: A Clinical Study of Investor Discussion and Sentiment." Financial Management 34, no. 3 (Fall 2005): 103–137. View Details
- Esty, B. C., Bhanu Narasimhan, and Peter Tufano. "Interest-Rate Exposure and Bank Mergers." Journal of Banking & Finance 23, nos. 2-4 (February 1999): 255–285. View Details
- Esty, B. C., P. Tufano, and J. Headley. "Banc One Corporation: Asset and Liability Management." Journal of Applied Corporate Finance 7, no. 3 (fall 1994): 33–51. View Details
- Esty, B. C., and P. Tufano. "Commentaries on Banc One's Hedging Strategy." Journal of Applied Corporate Finance 7, no. 3 (fall 1994): 63–65. View Details
- Book Chapters
-
- Tufano, P. "Crises and Collective Purpose: Distraction or Liberation?" In Business School Leadership and Crisis Exit Planning: Global Deans' Contributions on the Occasion of the 50th Anniversary of EFMD, edited by Eric Cornuel. Cambridge University Press, 2022. View Details
- Tufano, Peter. "Road Signs for Business and Business Education: Navigating the Geography of Social Value Creation." Chap. 11 in Shaping Entrepreneurial Mindsets: Innovation and Entrepreneurship in Leadership Development, edited by Jordi Canals, 189–202. London: Palgrave Macmillan, 2015. View Details
- Cole, Shawn A., Peter Tufano, and John Thompson. "Where Does It Go? Spending by the Financially Constrained." Chap. 2 in Borrowing to Live: Consumer and Mortgage Credit Revisited, edited by Nicolas P. Retsinas and Eric S. Belsky, 65–91. Brookings Institution Press, 2008. View Details
- Merton, Robert C., and Peter Tufano. "The Global Financial System Project." In The Intellectual Venture Capitalist: John H. McArthur and the Work of the Harvard Business School, 1980-1995, edited by T. K. McCraw and J. L. Cruikshank. Boston: Harvard Business School Press, 1999. View Details
- Working Papers
-
- Gasparini, Matteo, and Peter Tufano. "The Evolving Academic Field of Climate Finance." Harvard Business School Working Paper, No. 23-057, January 2023. View Details
- Villalonga, Belen, Boya Wang, and Peter Tufano. "Corporate Ownership and ESG Performance." Working Paper, September 2022. View Details
- Cases and Teaching Materials
-
- Egan, Mark, and Peter Tufano. "Forecasting Climate Risks: Aviva’s Climate Calculus." Harvard Business School Case 224-025, September 2023. (Revised October 2024.) View Details
- Tufano, Peter, Brian Trelstad, and Matteo Gasparini. "Aviva plc: Examining Net Zero." Harvard Business School Case 324-008, November 2023. (Revised July 2024.) View Details
- Tufano, Peter, and Karina Val. "Net Zero Insurance Alliance: An Alliance in Crisis." Harvard Business School Case 324-063, January 2024. View Details
- Cole, Shawn, and Peter Tufano. "BASIX (Abridged)." Harvard Business School Case 213-035, September 2012. View Details
- Tufano, Peter. "Ashanti Goldfields Company Limited (A) (CW)." Harvard Business School Spreadsheet Supplement 213-710, December 2012. View Details
- Campbell, Dennis, and Peter Tufano. "Affinity Plus (A)." Harvard Business School Case 209-026, July 2008. (Revised October 2012.) View Details
- Tufano, Peter, Howell Jackson, and Andrea Ryan. "Lending Club." Harvard Business School Case 210-052, February 2010. (Revised December 2010.) View Details
- Tufano, Peter, and Andrea Ryan. "The Christmas Eve Closing." Harvard Business School Case 209-043, October 2008. (Revised August 2010.) View Details
- Tufano, Peter, and Andrea Ryan. "Lending Club case exhibits (CW)." Harvard Business School Spreadsheet Supplement 210-709, February 2010. View Details
- Tufano, Peter, and Jordan Ashley Wong Keffer. "Valuing Visa? Priceless (CW)." Harvard Business School Spreadsheet Supplement 210-708, February 2010. View Details
- Tufano, Peter, and Andrea Ryan. "Blue Ocean or Stormy Waters? Buying Nix Check Cashing." Harvard Business School Case 210-012, July 2009. (Revised July 2009.) View Details
- Tufano, Peter, and Andrea Ryan. "Spreadsheet Supplement to Blue Ocean or Stormy Waters? Buying Nix Check Cashing (CW)." Harvard Business School Spreadsheet Supplement 210-701, July 2009. View Details
- Mikes, Anette, Peter Tufano, Eric D. Werker, and Jan-Emmanuel De Neve. "The World Food Programme during the Global Food Crisis (B)." Harvard Business School Supplement 709-052, May 2009. View Details
- Mikes, Anette, Peter Tufano, Eric D. Werker, and Jan-Emmanuel De Neve. "The World Food Programme during the Global Food Crisis (A)." Harvard Business School Case 709-024, December 2008. (Revised March 2009.) View Details
- Tufano, Peter, Andrea Ryan, and Daniel Schneider. "An Introduction to Consumer Credit." Harvard Business School Background Note 209-107, February 2009. View Details
- Tufano, Peter, and Daniel Schneider. "E-Duction, Inc." Harvard Business School Case 206-006, September 2005. (Revised January 2009.) View Details
- Tufano, Peter, Arijit Roy, and Emily McClintock. "H&R Block 2006." Harvard Business School Case 307-091, January 2007. (Revised October 2008.) View Details
- Tufano, Peter. "Liability Management at General Motors." Harvard Business School Case 293-123, March 1993. (Revised July 2008.) View Details
- Esty, Benjamin C., Peter Tufano, and Jon Headley. "Banc One Corporation: Asset and Liability Management." Harvard Business School Case 294-079, February 1994. (Revised July 2008.) View Details
- Campbell, Dennis, Francisco de Asis Martinez-Jerez, Peter Tufano, and Emily McClintock. "Central Bank: The ChexSystemsSM QualiFile® Decision." Harvard Business School Case 208-029, July 2007. (Revised May 2008.) View Details
- Cole, Shawn A., Peter Tufano, Daniel Schneider, and Daryl Collins. "First National Bank's Golden Opportunity." Harvard Business School Case 208-072, October 2007. (Revised March 2008.) View Details
- Cole, Shawn A., and Peter Tufano. "BASIX." Harvard Business School Case 207-099, February 2007. (Revised October 2007.) View Details
- El-Hage, Nabil N., Peter Tufano, and Daniel Schneider. "CircleLending, Inc. 2006." Harvard Business School Case 206-137, April 2006. (Revised August 2007.) View Details
- Tufano, Peter, and Shawn A. Cole. "BASIX Simulation Model." Harvard Business School Background Note 207-108, February 2007. View Details
- Tufano, Peter, and Daniel Schneider. H&R Block and "Everyday Financial Services". Harvard Business School Case 205-013, July 2004. (Revised January 2007.) View Details
- Tufano, Peter. "Introduction to Corporate Financial Engineering." Harvard Business School Background Note 297-053, December 1996. (Revised December 2006.) View Details
- Coval, Joshua, Robin Greenwood, and Peter Tufano. "Williams, 2002." Harvard Business School Case 203-068, December 2002. (Revised October 2013.) View Details
- Tufano, Peter, and Cameron Poetzscher. "Times Mirror Company PEPS Proposal Review." Harvard Business School Case 296-089, April 1996. (Revised January 2006.) View Details
- Tufano, Peter. "Antamini Simulation Model." Harvard Business School Background Note 203-083, February 2003. (Revised October 2004.) View Details
- Kedia, Simi, and Peter Tufano. "Adecco SA's Acquisition of Olsten Corp." Harvard Business School Case 201-068, March 2001. (Revised July 2004.) View Details
- Ruback, Richard S., and Peter Tufano. "Sampa Video, Inc. (TN)." Harvard Business School Teaching Note 204-125, February 2004. View Details
- Coval, Joshua D., Peter Tufano, and Ivo Welch. "Note on Credit Markets." Harvard Business School Background Note 203-069, December 2002. (Revised January 2004.) View Details
- Perold, Andre F., and Peter Tufano. "Ford Motor Company's Value Enhancement Plan (A) (TN)." Harvard Business School Teaching Note 204-116, January 2004. View Details
- Tufano, Peter, Zvi Bodie, and Akiko M. Mitsui. "Pension Plan of Bethlehem Steel, 2001, The." Harvard Business School Case 202-088, April 2002. (Revised October 2003.) View Details
- Andrade, Gregor M., and Peter Tufano. "Sampa Video, Inc." Harvard Business School Case 201-094, June 2001. (Revised October 2003.) View Details
- Tufano, Peter, and Joshua Musher. "United Grain Growers Limited (A)." Harvard Business School Case 201-015, February 2001. (Revised August 2003.) View Details
- Tufano, Peter, and Michael Lewittes. "Sally Jameson: Valuing Stock Options in a Compensation Package." Harvard Business School Case 293-053, January 1993. (Revised August 2003.) View Details
- Tufano, Peter, and Cameron Poetzscher. "Student Educational Loan Fund, Inc. (Abridged)." Harvard Business School Case 201-083, January 2001. (Revised August 2003.) View Details
- Chacko, George C., and Peter Tufano. "Cox Communications, Inc., 1999." Harvard Business School Case 201-003, August 2000. (Revised August 2003.) View Details
- Chacko, George C., Peter Tufano, and Joshua Musher. "Diageo plc." Harvard Business School Case 201-033, January 2001. (Revised August 2003.) View Details
- Esty, Benjamin C., and Peter Tufano. "Contractual Innovation in the UK Energy Markets: Enron Europe, The Eastern Group, and the Sutton Bridge Project." Harvard Business School Case 200-051, May 2000. (Revised April 2003.) View Details
- Tufano, Peter, Brian J. Hall, and Joshua Musher. "Sara's Options." Harvard Business School Case 201-005, August 2000. (Revised July 2002.) View Details
- Tufano, Peter. "Sally Jameson: Valuing Stock Options in a Compensation Package (Abridged)." Harvard Business School Case 202-117, April 2002. View Details
- Desai, Mihir A., and Peter Tufano. "Laura Martin: Real Options and the Cable Industry." Harvard Business School Case 201-004, August 2000. (Revised July 2001.) View Details
- Moore, Ronald W., and Peter Tufano. "Dixon Corporation: The Collinsville Plant (Abridged)." Harvard Business School Case 201-097, March 2001. (Revised June 2001.) View Details
- Pulvino, Todd C., and Peter Tufano. "Bond Math." Harvard Business School Case 201-101, June 2001. View Details
- Tufano, Peter, and Joshua Musher. "HBS Inc." Harvard Business School Spreadsheet Supplement 201-723, April 2001. View Details
- Tufano, Peter, and Jon Headley. "Why Manage Risk?" Harvard Business School Background Note 294-107, March 1994. (Revised February 2001.) View Details
- Chacko, George C., Henry B. Reiling, Peter Tufano, and Matthew Bailey. "Sally Jameson - 1999." Harvard Business School Case 200-006, September 1999. View Details
- Tufano, Peter, and John C Handley. "General Property Trust." Harvard Business School Case 299-098, April 1999. View Details
- Tufano, Peter, and Cameron Poetzscher. "ABN-AMRO Holding N.V. and Smit Transformatoren N.V. (B)." Harvard Business School Supplement 296-031, October 1995. (Revised December 1998.) View Details
- Tufano, Peter, William J Wildern, and Markus Mullarkey. "General Motors Corp. (A), The : Overview." Harvard Business School Case 299-006, August 1998. (Revised November 1998.) View Details
- Tufano, Peter, William J Wildern, and Markus Mullarkey. "General Motors Corp. (B), The : Financial Policies." Harvard Business School Case 299-007, August 1998. View Details
- Tufano, Peter, Markus Mullarkey, and William J Wildern. "General Motors Corporation (C), The : 1990-1992." Harvard Business School Case 299-008, August 1998. View Details
- Tufano, Peter, Markus Mullarkey, and William J Widlern. "General Motors Corp. (D),The : 1993-1996." Harvard Business School Case 299-009, August 1998. View Details
- Tufano, Peter, Geoffrey Verter, and Markus Mullarkey. "Cephalon, Inc." Harvard Business School Case 298-116, April 1998. View Details
- Lerner, Josh, and Peter Tufano. "Aberlyn Capital Management: July 1993." Harvard Business School Case 294-083, January 1994. (Revised November 1997.) View Details
- Tufano, Peter, and Cameron Poetzscher. "ABN-AMRO Holding N.V. and Smit Transformatoren N.V. (C)." Harvard Business School Case 298-036, September 1997. View Details
- Tufano, Peter, and Alberto Moel. "Bidding for Antamina." Harvard Business School Case 297-054, February 1997. (Revised September 1997.) View Details
- Froot, Kenneth A., Peter Tufano, and Chris L Marshall. "Syscom Computers." Harvard Business School Case 295-094, January 1995. (Revised May 1997.) View Details
- Collat, Donald S., and Peter Tufano. "Privatization of Rhone-Poulenc 1993, The ." Harvard Business School Case 295-049, October 1994. (Revised March 1997.) View Details
- Tufano, Peter, and Alberto Moel. "Copper and Zinc Markets 1996." Harvard Business School Background Note 297-055, March 1997. View Details
- Tufano, Peter, and Cameron Poetzscher. "Tennessee Valley Authority: Option Purchase Agreements." Harvard Business School Case 296-038, January 1996. (Revised February 1997.) View Details
- Tufano, Peter, and Cameron Poetzscher. "Student Educational Loan Fund, Inc." Harvard Business School Case 296-046, December 1995. (Revised February 1997.) View Details
- Tufano, Peter, Robert Santangelo, and Cameron Poetzscher. "Financial Engineering and Tax Risk: The Case of Times Mirror PEPS." Harvard Business School Background Note 297-056, December 1996. View Details
- Tufano, Peter, and Cameron Poetzscher. "Aspen Technology, Inc.: Currency Hedging Review." Harvard Business School Case 296-027, October 1995. (Revised July 1996.) View Details
- Tufano, Peter, and Cameron Poetzscher. "ABN-AMRO Holding N.V. and Smit Transformatoren N.V. (A)." Harvard Business School Case 296-030, October 1995. (Revised June 1996.) View Details
- Tufano, Peter. "Shearson Lehman Hutton, Inc. (B): Euromarket Covered Warrant Execution." Harvard Business School Case 291-017, November 1990. (Revised May 1996.) View Details
- Luehrman, Timothy A., Peter Tufano, and Barbara Wall. "MW Petroleum Corporation (B)." Harvard Business School Case 295-045, February 1995. (Revised April 1996.) View Details
- Lerner, Josh, and Peter Tufano. "ALZA and Bio-Electro Systems (B1): Rights Offering Strategy." Harvard Business School Supplement 293-125, April 1993. (Revised February 1996.) View Details
- Lerner, Josh, and Peter Tufano. "ALZA and Bio-Electro Systems (B2): The Rights Offering." Harvard Business School Supplement 293-126, April 1993. (Revised February 1996.) View Details
- Lerner, Josh, and Peter Tufano. "ALZA and Bio-Electro Systems (C): 1988-92." Harvard Business School Supplement 293-127, April 1993. (Revised February 1996.) View Details
- Tufano, Peter, and Jon Headley. "Union Carbide Corporation: Interest Rate Risk Management." Harvard Business School Case 294-057, February 1994. (Revised February 1996.) View Details
- Lerner, Josh, and Peter Tufano. "ALZA and Bio-Electro Systems (A): Technological and Financial Innovation." Harvard Business School Case 293-124, April 1993. (Revised October 1995.) View Details
- Tufano, Peter. "American Barrick Resources Corporation: Managing Gold Price Risk." Harvard Business School Case 293-128, April 1993. (Revised October 1995.) View Details
- Tufano, Peter. "Goldman, Sachs & Co.: Nikkei Put Warrants--1989." Harvard Business School Case 292-113, February 1992. (Revised September 1995.) View Details
- Tufano, Peter, and Sanjay Bhatnagar. "Enron Gas Services." Harvard Business School Case 294-076, March 1994. (Revised September 1995.) View Details
- Tufano, Peter, and Barbara Kyrillos. "Leland O'Brien Rubinstein Associates, Inc.: SuperTrust." Harvard Business School Case 294-050, June 1994. (Revised September 1995.) View Details
- Tufano, Peter, and Barbara Kyrillos. "Leland O'Brien Rubinstein Associates, Inc.: Portfolio Insurance." Harvard Business School Case 294-061, February 1994. (Revised September 1995.) View Details
- Tufano, Peter. "RJR Nabisco Holdings Capital Corp.--1991." Harvard Business School Case 292-129, June 1992. (Revised June 1995.) View Details
- Edleson, Michael E., and Peter Tufano. "Arbitrage in the Government Bond Market?" Harvard Business School Case 293-093, January 1993. (Revised June 1995.) View Details
- Tufano, Peter, and Jon Headley. "Interest Rate Derivatives." Harvard Business School Background Note 294-095, March 1994. (Revised June 1995.) View Details
- Tufano, Peter. "Shearson Lehman Hutton, Inc. (A): Entry into the Covered Warrant Business." Harvard Business School Case 291-016, November 1990. (Revised June 1995.) View Details
- Luehrman, Timothy A., Peter Tufano, and Barbara Wall. "MW Petroleum Corporation (A)." Harvard Business School Case 295-029, November 1994. (Revised November 1994.) View Details
- Tufano, Peter, and Jon Headley. "Dell Computer Corporation." Harvard Business School Case 294-051, January 1994. (Revised July 1994.) View Details
- Tufano, Peter. "Atlantic Corp." Harvard Business School Case 286-004, July 1985. (Revised July 1990.) View Details
- Other Publications and Materials
-
- Tufano, Peter. "Can Donald Trump Teach us Anything?" International Business Times (January 26, 2018). View Details
- Tufano, Peter. "Why We Must Embrace, Not Fear, the Technology That Is Revolutionising Education and Jobs." International Business Times (October 18, 2017). View Details
- Tufano, P. "A New Model Of Business Education." Poets & Quants (January 23, 2019). View Details
- Tufano, Peter. "An Encouraging Step to Reorient Corporate Purpose." LinkedIn Pulse (August 20, 2019). View Details
- Tufano, P. "Impact Should Be Included in Promotion and Tenure Criteria." Times Higher Education (November 18, 2019). View Details
- Tufano, Peter. "The Week Past and the Work Ahead." LinkedIn Pulse (February 1, 2020). View Details
- Tufano, Peter. "Walking the Talk." LinkedIn Pulse (March 1, 2020). View Details
- Tufano, P. "A Bolder Vision for Business Schools." Harvard Business Review Digital Articles (March 11, 2020). View Details
- Tufano, Peter, and Timothy Flacke. "The Case for Stakeholder Dividends: Why It’s Time for the Financial Sector to Put Its Money Where Its Mouth Is." Nextbillion.net (August 17, 2020). View Details
- Tufano, P. "Decent Leadership for 2020." LinkedIn Pulse (August 21, 2020). View Details
- Tufano, P. "'Big and Little' Challenges as Votes are Counted." LinkedIn Pulse (November 4, 2020). View Details
- Tufano, Peter, and Daniel Schneider. "Missing Voices in the Child Tax Credit Frenzy—Parents." The Hill (August 2, 2021). View Details
- Neuhaus, Bob, Daniel Schneider, and Peter Tufano. "New Child Tax Credit Should Be a Call to Action for Banks." American Banker (August 13, 2021). View Details
- Research Summary
-
Tufano’s research has focused on financial innovation and financial engineering—and for more than two decades, household finance. While he continues to study these topics, his current primary research is on the role of business in addressing climate change. With Professors Serafeim and Toffel, he is co-PI of the D^3 Sustainability Impact Lab. His recent research and case writing center around four key issues.
Climate alliances: Against a dominant paradigm of competition, how might collaborative activities move the climate agenda forward?
• Stanford Social Innovation Review: What are the theories of change and benefits of climate alliances?
• Forthcoming empirical piece: What are the actual benefits and costs of alliances?
• HBR.org: How might alliances run afoul of antitrust or political pressure? What should they be required to disclose?
• Case studies: How and why might alliances fall apart?
Climate finance: What is the appropriate role for the finance sector in addressing climate change?
• Survey of research on Climate Finance
• Case studies on insurance, risk measurement, advance purchase commitments.
• Forthcoming white paper on Climate Finance
• Co-editor, New SSRN Climate Finance ejournal (as of 18 Sept 2024)
Financial impacts of climate change on households: How does and will climate change affect households?
• Two in process projects studying how extreme temperatures and a broader set of extreme weather hazards impact households
Systems change, systems leadership, business, and business education: What is the appropriate role for business and business education in addressing systemic challenges?
• HBR piece: What do people expect of business?
• HBR org: What should business schools do about the climate crisis?
• HBR org: A Bolder Vision for Business Schools
Business History Review: What did business schools do in the face of an earlier crisis—World War II? - Teaching
-
Tufano is the convener for an innovative global doctoral reading group, The Financial Economics of Climate and Sustainability (FECS). This novel course, taught with professors from Yale, Columbia, Stanford, Texas, Imperial, NYU, Mannheim, and Oxford brings together leading researchers to train doctoral students and to assemble a global community of climate finance scholars. The FECS program is offered through the Salata Institute. In the MBA program, Tufano teaches Leadership and Corporate Accountability, the Purpose of the Firm, and a short course on climate entrepreneurship (2023, 2024). As Oxford, Tufano made systems change a core part of the MBA curriculum, collaborating with colleagues from across the University. He championed and was part of the teaching team for Global Opportunities and Threats: Oxford (GOTO), where students learn how to analyze and map systems, identify intervention points to lead to systemic change, and work on self-designed projects to effect this change. At Oxford he also taught in the inaugural online course on FinTech. Prior to leaving HBS to join Oxford, Tufano created and taught courses on Corporate Financial Engineering, Household Finance (joint with Harvard Law School), and lead the team that created the required course, Finance 2.
- Awards & Honors
-
Attendee at the World Economic Forum and Global Agenda Councils, 2016–2020.Honorary Fellow of St. Benet's Hall at University of Oxford.Fellow of the Academy of Social Sciences (FAcSS).Won the 2016 Faculty Pioneer Award for Institutional Leadership from the Aspen Institute.Inducted into the Monticello (NY) Hall of Distinction, 2016.Named one of the GQ 100 Most Connected Men in Britain, 2015.Received the Apgar Award for Innovation in Teaching in 2002 and 2009.Received the Robert F. Greenhill Award in 1997, 2001, and 2011.Winner of the 1996 Smith Breeden Prize for Outstanding Paper in the Journal of Finance for "Who Manages Risk? An Empirical Examination of Risk Management Practices in the Gold Mining Industry" (September 1996).Named Dean's Doctoral Fellow at Harvard Business School, 1985–1988.Member of Phi Beta Kappa, 1979.
- Additional Information
- Areas of Interest
-
- business and poverty
- environment
- financial engineering
- financial innovation
- sustainability
- asset management
- banking
- brokerage
- credit card
- education industry
- energy
- federal government
- financial services
- insurance industry
- investment banking industry
- microfinance
- mining
- nonprofit industry
- oil & gas
- petroleum
- real estate
- retail financial services
- state government
- utilities
- video games
- Africa
- Europe
IndustriesGeographies - In The News