This course is the study of finance and sustainability as an integrated subject beginning with an introduction of financial and investment principles and moving towards financial analysis, financing and valuation. The course covers diverse aspects of sustainable investments and offers tools for effective financial valuation and effective risk assessment. The perspective proposed by this course is motivated by the desire of corporations for continued prosperity, expansion and in some cases even to promote their own survival. Sustainability is in essence a triple bottom-line that includes economic, social and environmental (ESG) considerations into its analysis. Sustainable Finance and Investments incorporates additional elements into that scope that include among others investment metrics, investment terms, risk, ethics, corporate responsibility, etc. Different approaches for investments and finance result from this analysis and new industries and products result from these added metrics.
Sustainable finance and investing based on environmental, social, and governance (ESG) factors remain a fairly novel concept, however numerous signs are pointing to a paradigm shift globally. This course supports capacity building in the rapidly changing financial and corporate sectors where the integration of non-financial frameworks such as the TCFD (Task Force on Climate-related Financial Disclosure), initiatives like the CDP (Carbon Disclosure Project), PRI (Principles of Responsible Investment), or the FSA Stewardship Code’s recent revision, are becoming material requirements across organizational value chains. Furthermore, this practitioner-oriented course on sustainable finance and investments will be instructed taking into account the intersection of technology, innovation, business, finance, social and natural sciences, hence covering the complexities of the topic.