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Sustainable Investing Syllabus

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Sustainable Investing Syllabus

Sustainable Investing will equip you with the insights, frameworks, and skills to evaluate environmental, social, and
governance (ESG) factors and measure and manage impact resulting from investments. You will explore the evolving
sustainable investing landscape, understand how to incorporate ESG factors into investment decisions, gain insights into
climate risk and how to incorporate those implications into financial models, and develop your own perspective on the
interaction of investing and impact.

Modules Case Studies Takeaways Key Exercises

• Morgan Stanley • Understand key terminology • Categorize business


model characteristics and
• Goldman Sachs • Develop an understanding of the
environmental, social, and
Module 1

Overview of • Omidyar Network


sustainable investing sector and its
governance criteria
Sustainable importance and viability
Investing • Reflect on challenges
and opportunities of
sustainability strategies

• CalSTRS • Understand the role of ESG factors • Evaluate the ESG


in public market investing performance of various
• Generation
companies
Investment • Evaluate different approaches
Management to incorporating ESG as an asset • Match ESG use cases to
Module 2

owner or manager corresponding strategies


Public Equities • Relate ESG-based investment • Articulate divestment
strategies to risk and return goals and theories of
change

• DBL Partners • Identify sources of value-add in • Analyze characteristics


private impact investing and assess performance
• Meridiam
of funds and fund
• Analyze how managers weigh
• TPG: The Rise Fund managers
financial and social returns,
including understanding “impact
Module 3

Venture, Private
Equity, and washing”
Sustainable Debt • Develop an understanding of
different types of sustainable debt

For more information, visit online.hbs.edu or email us at hbsonline@hbs.edu


© Copyright 2022. President and Fellows of Harvard College. All Rights Reserved.
Sustainable Investing Syllabus

Modules Case Studies Takeaways Key Exercises

• 60 Decibels • Interpret and analyze frameworks • Break down an impact


for managing and measuring logic chain
• TPG: The Rise Fund
environmental and social factors
• Calculate expected
Measuring, • Evaluate causal attribution of impact, risk-adjusted
Module 4

Managing, and impact total impact, and impact


Accounting for multiple of money score
• Integrate impact measurement
Impact into investment and management
processes

• Breakthrough Energy • Understand fundamentals of • Relate Sustainable


Ventures climate finance and climate risk Development Goals and
inherent in investment portfolios climate change
• Generate Capital
Module 5

Integrating Climate • Integrate climate-related risks • Consider challenges


• TotalEnergies
Risk and Financing and opportunities into investment of climate change and
Ventures
analysis scaling up climate
Climate Solutions
solutions

• Social Finance • Analyze how mission-driven • Assess outcomes of the


nonprofits measurably increase Pay-for-Success model
• Ford Foundation
their impact
• Analyze risks and
• Envision and examine the future of opportunities of mission-
Module 6

Long-Run Theories sustainable investing related investments


of Change • Prioritize course
takeaways and how to
implement them

Learning requirements: In order to earn a Certificate of Completion, participants must thoughtfully complete all 6 modules,
including satisfactory completion of associated quizzes, by stated deadlines.

For more information, visit online.hbs.edu or email us at hbsonline@hbs.edu


© Copyright 2022. President and Fellows of Harvard College. All Rights Reserved.

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