ESG Finance

This course provides a general overview of the complex ESG world. Thus, upon completing this course, you will be prepared for subsequent studies to gain a deeper understanding of each of the topics.

The course has several learning outcomes. You will discover the main concepts of ESG and relations with the United Nations' Sustainable Development Goals. In addition, you will have an opportunity to explore the regulatory framework in ESG, reporting standards and framework, the range of ESG products, and ESG ratings. Finally, you will learn to read integrated, non-financial, sustainability or ESG reports and understand the logic and scores of ESG ratings.

This course consists of five modules.

The first module focuses on the basic concepts of ESG. The second module describes the impacts of supranational and national agreements and legislative changes in the EU promoting the ESG agenda. As a case study, we will explore developments in Russia and what steps have been taken about reaching United Nations' Sustainable Goals. The third module is devoted to ESG Finance products, valuation, portfolio selection strategies, and how the bank and insurance industry responds to ESG challenges. The fourth module will explain the ESG reporting standards and their differences. And finally, the ESG rating methodologies from the significant international raters will be presented. You will learn the commons and differences and the reasons for the divergences in rating for the same companies.

Please note: this course is launched as an online program, to enroll please follow the link: https://openedu.ru/program/spbu/FINESG

No prior experience required.

Module 1. Basic Concepts of ESG

Module 2. The Impacts of Supranational and National Agreements and Legislative Changes

Module 3. ESG Finance Products, Valuation, Portfolio Selection Strategies

Module 4. ESG Reporting Standards

Module 5. ESG Rating Methodologies

Upon completion of this course learners will achieve the following learning objectives:

1. Discover the main concepts of ESG and relations with the United Nations' Sustainable Development Goals

2. Explore the regulatory framework in ESG, reporting standards and framework, the range of ESG products, and ESG ratings.

3. Learn to read integrated, non-financial, sustainability or ESG reports

4. Understand the logic and scores of ESG ratings.

5. Learn the commons and differences and the reasons for the divergences in rating for the same companies

The course is aimed at the formation of general learning competencies for Bachelor’s and Specialists’ programs, as well as other competencies included in the education program.

ОПК-3. Способен анализировать и содержательно объяснять природу экономических процессов на микро- и макроуровне;

ОПК-4. Способен предлагать экономически и финансово обоснованные организационно-управленческие решения в профессиональной деятельности;

ПКА-2 Способен анализировать процессы, происходящие на мировых рынках в условиях глобализации, обосновать направления экономической политики с учетом тенденций международной и национальной экономики;

ПКА-4 Способен разрабатывать корпоративные, конкурентные и функциональные стратегии развития фирмы (включая инновационные фирмы); 

ПКА-5 Способен применять основные инструменты государственного регулирования экономики, оценить эффективность их применения при реализации экономической политики, способен использовать современные методы обоснования экономической политики с учетом особенностей ее реализации в различных отраслях и сферах общественных отношений, способен на основе экономического и институционального анализа разрабатывать предложения органам исполнительной и законодательной власти по её совершенствованию.