Certificate in Finance and Accounting Courses

Sustainable Investment: ESG Analysis and Financial Profitability


ESG investing refers to investing in line with ESG considerations; socially responsible investing in companies which are not detrimental to a society, but which contribute towards positive societal change through their positive social and environmental profiles.

Value-based investing adds ESG consideration on top of traditional security analysis, on the contrary, values-based investing screen/filter companies based an investor’s values/beliefs. In between these exist the specific implementations of ESG that we aim to highlight through this training.

Course Objective:

At the end of this course the participants will be able to:

  • Determine Negative screening and Positive screening
  • Determine Best-in-class screening
  • Full integration to explicit inclusion of ESG factors into traditional security analysis.
  • Overlay/portfolio tilt
  • Look for to prevent Risk factor/risk premium investing
  • Analyze ESG information in determination of systematic risk.
  • Focus on Thematic investing.

Course Outlines:

Unit 1: Introduction to Analysis of the ESG factor and its impact on financial profitability

  • Negative effects of capitalism and production on the world
  • Frameworks and actions to drive the change
    • Global Regulation and Governments’ actions: The UNFCC
    • The Kyoto Protocol
    • The Paris Agreement
    • The 2030 Agenda and the SDGs
  • Actions from companies: industrial and financial alliances and/or frameworks

Unit 2: ESG and Sustainability in Investments: the concrete side

  • Definition of ESG concept
  • ESG Scoring: different approaches and their background logic
  • Applying the ratings: investment approaches and sustainable financial instruments

Unit 3: Is ESG-Based Investing Profitable?

  • Market perspective: historical performance indicators
  • Literature’s debate on ESG factor’s impact on credit risk ratings
  • Internal perspective: effects on corporate intrinsic valuation
  • Net Sales
  • Operating Costs
  • Financial Costs and DCF valuation
  • Transaction perspective: effects on relative valuation

Unit 4: Analysis of ESG Positive Impact on Financial Performances

  • Portfolio analysis: Companies
  • Data
  • Methodology
  • Results

Unit 5: Portfolio analysis: Funds

  • Data
  • Methodology
  • Results

Certificate in Finance and Accounting Courses
Sustainable Investment: ESG Analysis and Financial Profitability (FA)


Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.