Sustainable Finance

It is an advanced course in sustainable finance (theory and applications). The course is given at the University of Evry/Paris-Saclay, ENSAE and University of Paris Cité.

Description

• Introduction
• ESG Investing
• Impact of ESG Investing on Asset Prices and Portfolio Returns
• Exercise: Equity Portfolio Optimization with ESG Scores
• Sustainable Financial Products
• Impact Investing
• Engagement & Voting Policy
• Extra-financial Accounting
• Awareness of Climate Change Impacts
• The Ecosystem of Climate Change
• Economic Models & Climate Change
• Climate Risk Measures
• Transition Risk Modeling
• Climate Portfolio Construction
• Exercise: Equity and Bond Portfolio Optimization with Green Preferences
• Physical Risk Modeling
• Climate Stress Testing & Risk Management

Materials

• Textbook: Roncalli, T. (2023), Handbook of Sustainable Finance (850 pages)

• Download the Presentation Slides on Sustainable Finance (1665 pages)

• Download the presentation slides
  1. Lecture 1 (Introduction)
  2. Lecture 2 (ESG Scoring)
  3. Lecture 3 (Impact of ESG Investing on Asset Prices and Portfolio Returns)
  4. Lecture 3 (Exercise: Equity Portfolio Optimization with ESG Scores)
  5. Lecture 4 (Sustainable Financial Products)
  6. Lecture 5 (Impact Investing)
  7. Lecture 6 (Engagement & Voting Policy)
  8. Lecture 7 (Extra-financial Accouting)
  9. Lecture 8 (Awareness of Climate Change Impacts)
  10. Lecture 9 (The Ecosystem of Climate Change)
  11. Lecture 10 (Economic Models & Climate Change)
  12. Lecture 11 (Climate Risk Measures)
  13. Lecture 12 (Transition Risk Modeling)
  14. Lecture 13 (Climate Portfolio Construction)
  15. Lecture 13 (Exercise: Equity and Bond Portfolio Optimization with Green Preferences)
  16. Lecture 14 (Physical Risk Modeling)
  17. Lecture 15 (Climate Stress Testing and Risk Management)
• Download the Merged PDF File of the 15 lectures
• Download the TeX Source of the slides

• Download examination 2022, 2023, 2024.

Old version of the slides (2023)

• Download the Presentation Slides on Sustainable Finance (1114 pages)

• Download the presentation slides
  1. Lecture 1 (Introduction)
  2. Lecture 2 (ESG Scoring)
  3. Lecture 3 (Impact of ESG Investing on Asset Prices and Portfolio Returns)
  4. Lecture 4 (Equity Portfolio Optimization with ESG Scores)
  5. Lecture 5 (Sustainable Financial Products, Impact Investing & Engagement)
  6. Lecture 6 (Global Warning & Climate Change)
  7. Lecture 7 (Economic Modeling of Climate Change)
  8. Lecture 8 (Climate Risk Measures)
  9. Lecture 9 (Transition Risk Modeling)
  10. Lecture 10 (Climate Portfolio Construction)
  11. Lecture 11 (Equity and Bond Portfolio Optimization with Green Preferences)
  12. Lecture 12 (Physical Risk Modeling)
  13. Lecture 13 (Climate Stress Testing and Risk Management)
• Download the Merged PDF File of the 13 lectures
• Download the TeX Source of the slides

Old version of the slides (2022)

• Download the Presentation Slides on ESG & Climate Risks (736 pages)

• Download the presentation slides
  1. Lecture 1 (Introduction to Sustainable Finance)
  2. Lecture 2 (ESG Investing)
  3. Lecture 3 (Other ESG Topics)
  4. Lecture 4 (Climate Risk)
  5. Lecture 5 (Climate Investing)
  6. Lecture 6 (Mathematical Analysis and Exercises)
• Download the Merged PDF File of the 6 lectures
• Download the TeX Source of the slides

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