Background of ESG Courses
Wharton School announced the launch of four ESG courses for professionals. Wharton believes that more and more participants have recognized the importance of ESG, but there are still many problems in ESG practice. Investors are not clear about the possible asset impairment caused by climate risk. Listed companies gain external recognition through the way of greenwashing, and the use of ESG data by strategists is insufficient. These problems have led to the slower development of ESG than expected, so it is necessary for all participants in the ESG field to understand the frontier of research and practice.
The launch of the four ESG courses will be aimed at the three groups of financial practitioners, business leaders and strategists respectively. They will not only provide basic ESG content analysis, but also provide a framework for the real problems they face in actual work. These courses will provide ESG participants with real-time skills and strategies.
The question now is what we do about it. At Wharton, we’re rolling up our sleeves and doing the hard work to address the problems, because the underlying logic is sound. Climate risk is investment risk.
Wharton School
ESG Basic Course Introduction
The four ESG courses launched by Wharton School this time are divided into basic course and advanced courses. There are one basic course and three advanced courses. Participants should complete the basic course before choosing advanced courses.
Basic course mainly includes:
- Valuation of ESG factors;
- ESG data processing;
- Risks and opportunities in the ESG field;
- ESG stakeholder analysis;
- Interpretation of ESG regulatory policy;
- Identification of ESG greenwashing problems;
The ESG basic course will help people analyze and evaluate the financial impact of ESG strategy and comprehensively understand the current situation of ESG development. Participants will gain new understanding in ESG factor analysis, policy interpretation and practice measurement.
ESG Advanced Courses Introduction
After completing the basic course, you can continue to choose to study advanced courses. The advanced courses are divided into three aspects: for financial practitioners, for business leaders and for strategists. The differences between the three courses are:
- For financial practitioners: the course will provide financial practitioners with ways to implement, measure and optimize ESG assets in investment, and deeply study the combination of ESG factors in investment strategies. In addition, the course will also introduce topics related to climate finance, such as carbon market, green bond market and other emerging ESG assets. The course will also discuss the impact of future global economic changes on the development of ESG, and understand the participation of shareholders and listed companies in ESG;
- For business leaders: the course will provide business leaders with a plan to incorporate ESG factors into business management, to maximize shareholder value in the long term. Participants will learn how to assess ESG risks and bases, understand the company’s internal governance structure, and study how to match the company’s ESG development with the goals of external stakeholders. In addition, the course will also introduce the impact of climate change on the value of company assets and the application of green technology at the company level;
- For strategists: the course will provide strategy makers with strategic methods to develop and implement ESG factors, such as the impact of climate change on strategy, and tools for ESG data analysis. The course will also provide strategy makers with ways to improve ESG communication and disclosure, as well as specific measures to build ESG projects and plans;
The above courses will start in April 2023 and are currently accepting online applications. Interested parties can refer to the link at the end of the article.
Reference:
Calendar of Upcoming Programs – Executive Education (upenn.edu)