[F&ES 636b/MGT] / 2019-2020

Sustainability Finance

Credits: 3

Spring 2020: Time and location TBA

For a variety of reasons, today’s businesses and investors are dealing with the risks and opportunities of environmental, social and governance (ESG) issues. Climate change, water scarcity, community conflicts, resource depletion, supply chain breakdowns, worker well-being and economic inequality pose material challenges that make sustainability and ESG an imperative for successful corporations and investors.
This course couples established and emerging theory on how finance can be used to address sustainability challenges with the practice of Sustainable Investing. We will examine current ESG investment and corporate strategies, trends, future scenarios, players, and frameworks and integrate that theory with practical investment performance analysis, metrics, and studies of data, screens, asset classes, and diversification. The course seeks to mix multiple formats of learning and interaction including lectures, class discussions, workshops, interactions with industry leaders and student-led research.
Students of all disciplines interested in the fields of investment and environmental/social policy are encouraged to attend the mandatory first day of class. This course is designed to be accessible to those with varying levels of knowledge of financial markets and economics backgrounds. Though there are high expectations for the quality of final stock pitches, mentoring and resources are readily available from the two instructors.