Sustainable Finance

LAW JD 885

Corporate scandals, systemic racism, Covid-19 and climate change have put environmental, social and governance (ESG) issues of corporations in the spotlight, and many investors and other corporate stakeholders believe that these issues have a financial impact. In addition, investors are becoming more and more focused on the impact of their investments on society and the environment. As a result, flows into strategies that consider ESG factors have been soaring, and impact investing has consolidated as an investment strategy that promises financial returns and solutions to tackle the world's problems. These investment strategies are evolving rapidly and asking lawyers and regulators to address novel issues and reconsider issues that seemed settled. In this course, we will discuss the role of corporations, non-profits, investment funds and development finance institutions (DFIs) in this context. We will analyze how these strategies affect fiduciary duties and disclosure requirements. We will examine the tools that are available to implement these strategies such as: blended finance, pay-for-success, public benefit corporations, sustainable bonds and active shareholder engagement. After completing this course, students will develop an understanding of the different sustainable investment strategies and players in the industry, become familiar with the typical legal issues that arise in the sustainable finance industry and with some of the tools that are being used. PREREQUISITE/COREQUISITE: Corporations. GRADING NOTICE: This class does not offer the CR/NC/H option.

FALL 2023 Schedule

Section Instructor Location Schedule Notes
A1 Aquinohagedo LAW 203 R 4:20 pm-6:20 pm Stamped Approval
Class Closed

Note that this information may change at any time. Please visit the Student Link for the most up-to-date course information.