ESG Journey: Sustainable Investment Strategies with Measurable Impact —Live-Online

Unleash the power of capital to generate positive, measurable impact while generating financial returns.

This program in in partnership with the Trend School, and is delivered in English.

Corporate sustainability has become a strategic imperative for organizations around the globe. Investors and corporate stakeholders alike are placing demands on improved sustainability practices to benefit a firm’s bottom line while creating a broader social impact. As a response, executives are exploring how to mitigate risks and create value when incorporating ESG criteria into their corporate strategies and organizational investment decision-making.

In this program, participants will explore ESG criteria in sustainable investment decision-making to generate financial returns while creating a positive, measurable social impact. Attendees will examine the evidence on the performance of ESG-based investment strategies. You’ll analyze the root drivers of ESG-sustainable related risks inside an organization, explore business models which create value, and dive into performance metrics used by investors, clients, and shareholders. What’s more, attendees will dive into an investor rationale, focus on venture capital and private equity investment strategies, explore communication strategies to report impact and improve investor decision-making, and hedge risks while creating value.

Program Benefits:

  • Examine the evidence on the performance of ESG-based investment strategies
  • Explore the benefits, risks, and cost-benefit analysis associated with ESG criteria in sustainable investment strategies
  • Gain the approaches to sustainable investing, including screening criteria, risk-return tradeoff, and implications for shareholder engagement
  • Discover the metrics to evaluate social impact and judge sustainability
  • Discover what impact investors seek from the organizations in which they invest, how they engage, and how they measure impact

This program is ideal for executives who seek to be innovative in their understanding of sustainable investing, ESG criteria, and impact investing for measurable impact. Often, executives identified as central to the organization’s sustainability strategy, serve as executive committees, lead central business units, and senior members of operating divisions will find this program beneficial.  

Functions may include sustainability managers, investment advisors, financial services professionals, portfolio managers, wealth managers, senior vice presidents, vice presidents, executive directors, general managers, and C-Suite executives. 

Lubos Pastor

Charles P. McQuaid Professor of Finance and Robert King Steel Faculty Fellow

Lubos Pastor is Charles P. McQuaid Professor of Finance at the University of Chicago Booth School of Business. He also serves as a member of the Bank Board of the National Bank of Slovakia, Director of the Center for Research in Security Prices (CRSP), member of the CRSP Indexes Advisory Council, Research Associate at the National Bureau of Economic Research, and Research Fellow at the Centre for Economic Policy and Research. He has served as President of the Western Finance Association, Director of the American Finance Association, and Co-Director of the Fama-Miller Center for Research in Finance. He is an Associate Editor of the Journal of Financial Economics and a former Associate Editor of the Journal of Finance and the Review of Financial Studies.

Professor Pastor’s research focuses mostly on financial markets and asset management. He has written on a broad range of topics such as liquidity risk, political risk, sustainable investing, stock price bubbles, stock volatility, return predictability, technological revolutions, income inequality, populism, portfolio choice, performance evaluation, returns to scale in active management, indexing, learning, and IPOs. His articles have appeared in the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Monetary Economics, Journal of Political Economy, Review of Financial Studies, and other outlets. His research has been awarded numerous prizes, such as two Smith Breeden Prizes, three Fama/DFA Prizes, Goldman Sachs Asset Management Prize, Barclays Global Investors Prize, the NASDAQ Award, the QMA Award, and the Q Group Award.

Professor Pastor has been teaching at Chicago Booth since 1999 when he obtained a Ph.D. in finance from the Wharton School at the University of Pennsylvania. He has received the McKinsey Award for Excellence in Teaching as well as two Faculty Excellence Awards at Chicago Booth.

Priya Parrish

Adjunct Assistant Professor of Strategy

Priya Parrish is a Managing Partner at Impact Engine, a venture capital and private equity firm investing in companies driving positive impact in economic empowerment, education, environmental sustainability, and health. She is also an Adjunct Assistant Professor of Strategy and Impact Investor in Residence at the University of Chicago Booth School of Business, and serves as an adviser to investment firms and asset owners developing and managing impact investment strategies. Prior to joining Impact Engine, she served as Chief Investment Officer at Schwartz Capital Group, a single-family office investing across global markets. Previously, Parrish was Strategy Head at Aurora Investment Management, a multibillion-dollar hedge fund, and managed development of investment products that incorporated environmental, social and governance factors (ESG) at Northern Trust Asset Management and KLD Research & Analytics. Parrish holds a B.S. in Business Management from Babson College and an MBA from the University of Chicago Booth School of Business..

Sustainable Investing: Introduction

  • What is sustainable Investing?
  • Benefits and risks, and demand and supply
  • ESG criteria

Measuring Corporate Responsibility

  • Explore ESG ratings, greenwashing, and disclosure standards

Approaches to Sustainable Investing

  • Screening criteria, implications for engagement, risk-returns, andtTradeoffs

Shareholder Engagement

  • Specialized vs generalized, proxy advice, and a firms’ social responsibility

Risk Exposure of Sustainable Strategies

  • Hedging systematic risk

Expected vs Realized Returns

  • Stocks, bonds

Responsible Mutual Funds

  • Investing in responsible funds
  • Performance and flows during the pandemic

Impact Investing: Introduction

  • Definitions, business models for social impact, and an investors’ rationale

Impact Investing Strategies

  • Public and private markets strategies

Managing Impact

  • Why companies need to manageiImpact
  • The evolution of approaches

Measuring Impact

  • How companies proactively measure impact
  • Communication strategies


UPCOMING PROGRAM DATES

Check back soon for 2022 dates.