Course 2021-2022 in ESG and Climate Risks

Abstract

These lectures notes have been written for the course in Sustainable Finance given at the University of Paris-Saclay. The 725 slides cover the following topics: (1) the Market of ESG Investing, Ecosystem of Responsible Investing (2) ESG Scoring & Ratings, Performance of ESG Investing, ESG Financing, ESG Risk Premium (3) Sustainable Financing Products, Green & Social Bonds, Impact Investing, Voting Policy & Engagement (4) Global Warming, Economic Modeling, Climate Risk Measures, Transition Risk, Physical Risk (5) Climate Investing, Portfolio Decarbonization, Net Zero Carbon Metrics, Portfolio Alignment and (6) Carbon Budget, Trend Modeling, Scoring System, Portfolio Optimization with Climate Constraints.

Keywords: Sustainable finance, ESG investing, climate investing, portfolio decarbonization, asset management

JEL Classification: G1, Q5, Q01