Module 8

ESG Integration in the investment process

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SAP 2018 integrated report. Available at https://www.sap.com/docs/download/investors/2018/sap-2018-integrated-report.pdf

Market drivers, Not the only global challenge: https://www.earth-syst-sci-data.net/10/2141/2018/

Market drivers, Not the only global challenge: https://www.esrl.noaa.gov/gmd/ccgg/trends/

Market drivers, Not the only global challenge: https://www.metoffice.gov.uk/

Global Challenges as defined by WEF, The Global Risks Report 2018 13th Edition, Figure 1 Global Risks Landscape 2018:
http://www3.weforum.org/docs/WEF_GRR18_Report.pdf

Global challenges as defined by the UN SDG’s, Un Sustainable Development Goals 2015: https://www.un.org/sustainabledevelopment/development-agenda/

Market drivers, public perception. Millennials are driving the change: Schroders (2017) Global investor study
https://www.schroders.com/en/sysglobalassets/digital/insights/2017/pdf/global-investor-study-2017/theme2/schroders_report-2__eng_master.pdf

Market drivers, European Market trends SRI strategies in Europe. : Eurosif (2018): European SRI Study : http://www.eurosif.org/wp-content/uploads/2018/11/European-
SRI-2018-Study.pdf

Market drivers, Investor demand Worldwide market trends. : Global Sustainable Investment Review, 2016: http://www.gsi-alliance.org/wp-
content/uploads/2017/03/GSIR_Review2016.F.pdf

Market drivers, Investor initiatives – United Nations Principles for Responsible Investment (UNPRI) : https://www.unpri.org/

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Market drivers, Investor initiatives – UNPRI in numbers. Available at: https://www.unpri.org/

Market drivers, Carbon data and ratings, the CDP. Geographic spread of disclosing companies in CDP‘s sample: page 8 of CDP 2017. Available at:
https://www.cdp.net/en/research/global-reports/tracking-climate-progress-2017

Market drivers, Growth in disclosing companies since 2003. Available at: www.cdp.net

Market drivers, Regulatory Framework: Legal requirements for institutional investors. Global Guide to Responsible Investment Regulation PRI 2016. Available at:
https://www.unpri.org/download?ac=325

Market drivers, Regularity Framework: diagram, page 13: Global Guide to Responsible Investment Regulation PRI 2016. Available at:
https://www.unpri.org/download?ac=325

Market drivers, Regulatory Framework. Available at: https://ec.europa.eu/info/sites/info/files/180131-sustainable-finance-final-report_en.pdf

Impediments to integrate ESG Friede G. 2019. Why don’t we see more action? A metasynthesis of the investor impediments to integrate environmental, social, and
governance factors. Business Strategy and the Environment 28(6): 1260–1282. Available at: https://onlinelibrary.wiley.com/doi/abs/10.1002/bse.2346.

Regulatory Framework, Investor Initiatives EU Action Plan: Financing Sustainable Growth COM(2018). Available at:
https://ec.europa.eu/transparency/regdoc/rep/1/2018/EN/COM-2018-97-F1-EN-MAIN-PART-1.PDF

Regulatory Framework, Investor demands and initiatives. ERAFP‘s SRI strategy. Available at: https://www.rafp.fr/en/sites/rafp_en/files/publication/file/ra2016exe-06-
planches.pdf

Regulatory Framework, Example UK : The Occupational Pension Schemes (Investment) Regulations 2005. Available at:
http://www.legislation.gov.uk/uksi/2005/3378/contents/made

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Regulatory Framework, Example France. Available at: www.fondsdereserve.fr/en/ https://www.rafp.fr/en/

Regulatory Framework, Example UK. Available at: https://www.brunelpensionpartnership.org/

Empirical evidence about ESG and performance - MSCI, Bloomberg Q2 2020

Crafting an investment strategy. Available at: https://www.unpri.org/

Asset allocation decision, The role of ESG: Example Macro research Morgan Stanley:

Some examples / Obesity and the trend to healthier eating. Available at: https://www.unpri.org/

Some example/ Demographic changes. Available at: https://www.unpri.org/

ESG Global trends: How resilient is your portfolio to different climate scenarios? Available at: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-
062817.pdf

Climate related risks typology: Technology risks. Available at: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf

Climate related risks typology: Physical risks. Available at: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf

Climate related opportunities typology. Available at: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf

Identify the winners and losers in every sector Assessment process. Available at: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf

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Portfolio construction. Available at: https://www.unpri.org/

Portfolio management & portfolio Monitoring. Available at: https://www.unpri.org/

Reporting: Performance attribution and ESG quality. Sustainanalytics. Available at: https://www.sustainalytics.com/

Performance Attribution & ESG Quality (s.61) DWS. Available at: https://www.dws.de/

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