| CODE | INS5027 | ||||||||||||
| TITLE | Environmental, Social and Corporate Governance (ESG) | ||||||||||||
| UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | ||||||||||||
| MQF LEVEL | 7 | ||||||||||||
| ECTS CREDITS | 5 | ||||||||||||
| DEPARTMENT | Insurance and Risk Management | ||||||||||||
| DESCRIPTION | Environmental, Social and Corporate Governance (ESG) has emerged as one of the most prevalent and ubiquitous business concepts in recent years, spurred on by public policy coupled with rising societal demands for greater corporate accountability. This study unit will delve into the most salient issues related to ESG today, together with the emerging opportunities and risks presented by such considerations. The unit will also discuss the relevant regulatory requirements and standards related to ESG that have emerged globally and particularly within in the European Union in recent years, as well as ESG reporting, disclosure and ratings for businesses, with a special focus on investments and financial services operators. A non-exhaustive list of topics covered within this study-unit include the following: - Enterprise risk management and ESG - Climate change and environmental risk - Valuation of environmental risks - Green bonds and finance - Social risks and governance - Regulations and compliance - ESG mapping for risk management - ESG disclosure, reporting and ratings - Scenario analysis for ESG. Study-Unit Aims: - To provide students with a critical appraisal of the most salient emerging ESG issues, opportunities and risks in the global business world; - To develop a critical understanding of the relevance of ESG within today's corporate environment, including regulatory and reporting requirements in this regard. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: - Evaluate the various business risks and opportunities associated with ESG; - Assess the various regulatory and reporting requirements associated with ESG, and their relevance for specific industries and sectors, with a special focus on financial services and investments; - Review and design appropriate ESG plans and initiatives within a financial services context. 2. Skills: By the end of the study-unit the student will be able to: - Utilise a range of quantitative and qualitative skills in order to analyse ESG issues, risks and opportunities, including thematic analysis and statistical tests; - Critique the various tools and concepts covered in class and propose alternative ideas, both in written and in oral form; - Deploy the concepts learned to undertake novel research within the field of ESG, and apply the tools within a practical environment as part of their future careers. Main Text/s and any supplementary readings: - Boffo, R., and R. Patalano (2020), “ESG Investing: Practices, Progress and Challenges”, OECD Paris. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Gabriella Borda Jonathan Spiteri (Co-ord.) |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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