Event 1: Introduction to ESG / ESG Data and Scores
Introduction to ESG and sustainable finance – M. Schmid
Definitions, Market size and developments, Sustainable investment approaches, Demand for ESG, Data issues
ESG scores – J. Kölbel
ESG data and scores, ESG data providers, Rating divergence
Measuring and evaluating ESG risk and incidents – S. Dias
ESG and business conduct risk, ESG due diligence, ESG risk incident data and metrics, Reputation risk
Event 2: Regulation, Certification, and Measuring Climate Risk
Regulation and reporting – S. Cisar
UN Sustainable Development Goals (UN SDGs), Task Force on Climate-Related Disclosure (TCFD), EU Action Plan on Sustainable Finance (SFDR, Taxonomy, etc.) Glasgow Financial Alliance on Net Zero, Climate Scores
Measuring and managing ESG and climate risk – O. Marchand
Risk Measurement, ESG and climate scores, Climate Value at Risk, Warming Potential
Event 3: Sustainable Investment Strategies and Products
Sustainable investments: Strategies and certification – E. Carnemolla
ESG strategies, Integration, Exclusion/Screening, Active ownership, ESG and green labels
How to set up a sustainable investment product – R. Feldman
Sustainable investment products, Sustainable investment funds, Green bonds, Sustainability versus performance, Benchmarking
Event 4: Financial Advisory and Performance Implications
Sustainable investments in financial advisory – A. Sariyska
Sustainable portfolios and products, Client demand for sustainable products, ESG reporting to clients, Advisory process on ESG
The performance of sustainable investments – The academic evidence – M. Schmid
Conceptual issues, Market efficiency, Demand shifts, Performance measurement, Empirical research findings
Event 5: Carbon Pricing, Biodiversity, and Engagement and Voting
Carbon pricing, blue economy, and biodiversity – M. Nerlinger
Social Cost of Carbon, Carbon taxes and offset, Emissions trading, Sustainable Blue Economy Finance Principles, Taskforce on Nature-related Financial Disclosure, Biodiversity
Engagement and voting – M. Narr
Active ownership, Corporate governance, Proxy voting, Shareholder proposals, Engagement
Event 6: Impact versus Greenwashing
Assessing ESG Impact – M. Reisser
ESG ratings, Double materiality, Impact measurement frameworks, ESG Impact ratings
“Walk the talk” and the real effects of sustainable investments – J. Kölbel
Impact versus greenwashing, Investor preference for impact, Measurement issues, Real effects of regulation, Technology impact, Fund behavior, Engagement and activist investing