Laboratory "socially Responsible Investing"

A.Y. 2024/2025
3
Max ECTS
20
Overall hours
SSD
SECS-P/11
Language
English
Learning objectives
The interest in responsible investing has steadily grown over time to such an extent that the investment community has shifted from asking whether to adopt social, environmental and governance principles in driving their investment decisions to how they should implement them concretely. The goal of the Lab is to introduce Sustainable and Responsible Investments (SRI): definition, main strategies, market size and their relevance for investors and companies. Moving from the basic concepts in finance, e.g., stocks, bonds and mutual funds, students will be confronted with the value creation opportunities related to bridging sustainability and finance. Teaching will be based on case studies and interaction with the class.
Expected learning outcomes
At the end of the Lab, students will be able to define sustainable and responsible investing and resonate about its boundaries. They will also understand the objectives of investing responsibly and how the integration of environmental, social and governance criteria can create opportunities and risks for investors. Finally, students will be able to analyze the sustainability profile of a company, highlighting the main risks and opportunities of its business model in relation with sustainability.
Single course

This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.

Course syllabus and organization

Single session

Responsible
Lesson period
First trimester
Course syllabus
- Introduction to main financial instruments: equities, bonds, mutual funds (circa 4h)
- Introduction to SRI and ESG strategies (circa 6h)
- The SRI and ESG market (circa 4h)
- Environmental, Social and Governance Factors (circa 2h)
- ESG analysis and Stewardship (circa 2h)
- Assessment and debrief (circa 2h)
Prerequisites for admission
Recommended readings:
- GSIA, Global Sustianble Investment Review, 2022
Link: https://www.gsi-alliance.org/members-resources/gsir2022/
- Jeffrey D. Sachs, The age of sustainable development, Columbia University Press, 2015
Link: https://www.ibs.it/age-of-sustainable-development-libro-inglese-jeffrey-d-sachs/e/9780231173155
- Investimenti Sostenibili (Ed. EGEA) (Italian only)
Link: http://www.egeaeditore.it/ita/prodotti/sistema-finanziario/INVESTIMENTI_SOSTENIBILI_.aspx
Teaching methods
In-person attendance is required.
Teaching Resources
Presentations will be sent to students via email.
Assessment methods and Criteria
The assessment will be based on:
- active participation during lessons
- assessment of priodic assignments
- final test
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS - University credits: 3
Laboratory activity: 20 hours
Professor: Bonati Aldo
Professor(s)