Sustainable Finance

(3 Credit Hours) · Undergraduate

Finance is often seen as a hindrance to a better world. However, with the flexibility, agility, and proactivity associated with the financial sector, there is also great potential to be a key player in addressing environmental and social challenges. In order to take advantage of this, however, it is necessary to first understand all of the relevant issues involved so that solutions can be developed. This course will feature high level analysis, discussion, and critical evaluation allowing you to explore the theory, empirical data, and policy to explain the sustainability challenges maintaining ecological systems, enhancing cultural diversity, and improving social well-being and income inequality. The course has a focus on three main areas: 1. Navigating the burgeoning academic theories of sustainable finance and investment, including topics such as active ownership, climate finance, conservation finance, disclosure, divestment, engagement, green bonds, green indices, impact investing, public private partnerships, and the valuation of threatened or "stranded" assets. 2. Translating this knowledge into analysis of practical examples and case studies 3. The ability to then frame what has been learnt through the semester in a way which is meaningful and serious to the financial professionals, such as asset managers, banks, investment consultants, and ratings agencies, exploring questions around how sustainable financial engagement fits with an organization's broader strategy, and where opportunities for leadership in this sector can be expanded.