Bloomberg Equity Screening (EQS) Exercise: Environmental Social Governance (ESG) Investing

Abstract

I show you how to use the Bloomberg Professional Service (i.e., the “Bloomberg Terminal”) to execute an Environmental Social Governance (ESG) investing exercise using Bloomberg’s equity screening (EQS) function. Then I show you how to execute a green bond investing exercise using Bloomberg’s fixed income search (SRCH) function.

I have used Bloomberg exercises very successfully for 15 years in a final-year undergraduate Applied Investments course, using Crack (2022a) as the textbook. During this period, I have given similar exercises to over 1,800 undergraduate students, typically working in groups of three to five students.

This hands-on Bloomberg exercise is naturally ChatGPT-proof, by construction.

I take an Add Criteria–based approach to the EQS function here. This approach overlaps heavily with the approach discussed in Crack (2023c) and contrasts with the Formula-based approach to the EQS function demonstrated in Crack (2023a).

Keywords: Bloomberg Professional Service, Bloomberg Terminal, Environmental Social Governance (ESG) investing, Equity Screens, EQS function, Bond Screens, SRCH function, Green Bonds, ChatGPT

JEL Classification: G11, G12, A22, A23