Sustainable Finance - Operational Aspects (advanced)
This advanced course is part of a 3-module programme:
- Sustainable Finance: Operational Aspects (this course) - supported by Forethix
- Sustainable Finance: The Case of Green, Social and Sustainability Bond and ESG Funds (advanced)
- Sustainable Finance: Regulatory aspects
The module Sustainable Finance: Operational aspects id provided by Forethix Academy
Unit 1 - Introduction: Key concepts are necessary in order to embrace advanced new notions related to sustainable development. (1,5 hours)
- Greenhouse gas emissions (GHG) and their consequence on climate change
- Climate change scenario and models
Normative context in Sustainable Finance (2 hours)
Description: Learn about framework developers, standard setters, coalitions and initiatives providing research, standards, norms and practical tools for Sustainable Finance.
Objective: Be able to select the best norms or standards to support your Sustainable Finance strategies in line with the ambitions set.
- Framework developers: UN Global Compact, Sustainable Development Goals, TCFD,...
- Standard setters: GRI,SASB,ISO,...
- Coalitions and initiatives: IPCC, IFC, 2° initiative, UNEP-Finance Initiative,...
Unit 2 - Sustainable Finance labellling (2,5 hours)
Description:Learn about European sustainability labelling agencies & understand their methodologies for assessing the eligibility of a financial product to their label.
Objective: Be able to understanding the assessment methodology of major Europeean labels in sustainable finance and prepare fo a labelling process.
- Comparative analysis of existing labels in Sustainable Finance in Europe
- EU Ecolabel for financial products
- Process to obtain a label: requirement, timeline, cost, due diligence framework, validity & reviewal process. With the intervention of LuxFLAG
Unit 3 - Sustainable Finance Data (2 hours)
Description: Learn about the sources of data for sustainable finance and understand the assessment approach major providers. Take a look into the methodologies of major ESG indices, ESG rating agencies, specialised data providers, how they can be used and interpreted.
- Key concepts and market demand
- Investment strategies relying on ESG data
- Typical rating methodology
- Upcoming regulation
- ESG rating process (Sustainalytics, CDP, MSCI...)
- Case studies
Unit 4 - ESG transparency & reporting (3 hours)
Description: Understand theprinciples of extra-financial reporting on both sides: ESG reporting for investors and non-financial reporting for corporations.
Objective: Learn to read and interpret sustainability information from an extra-financial report.
- Key reporting principles (materiality, double-materiality, comparability, boundaries, engagement...)
- Reporting frameworks illustrated by case studies (investors reporting, transparent policies, sustainability risk reporting, impact report, engagement/proxy voting report, corporate responsibility reports,...)
- 10 steps to successfully prepare your report
Unit 5 - Collaborative case study (1 hour)
Description: Summarise your knowledge from Modules 1-4 playing the role of investor, lender, corporation or assessor.
Objective: Based on real-case examples, put in practice various operational aspects of Sustainable Finance.
- Preliminary reading and assignment will be provided to you at the end of Unit 4
- Schedule on your own time a 1-hour individual working session in preparation of Unit 5
- Consolidation of results, observation and feedback session with the group will take place during Unit 5
Who is the course aimed at?
All professionals working in bank, asset management, insurance companies and other financial institutions who need to capture knowledge & best practices on sustainable finance.
At the end of the training, a certificate of attendance will be available either on your client account or on demand to the customer service.