ESG
The ESG Phenomenon: CFA Society Of The UK

Developments in and around the ESG investment space.
CFA
Society of the UK, or CFA UK, is launching a new
qualification to help managers understand how climate change
affects investments. The Certificate in Climate and Investing is
an example of how the skillsets of wealth managers need to change
in order to respond to concerns about the environment, or
digitalisation of the workplace, for example.
The certificate is a self-study course requiring a recommended
150 hours of study. The 10-part syllabus covers climate science,
regulatory response and policy, the changing corporate reporting
landscape, and tools specific to measuring climate-related
impacts on investments across a broad range of asset classes in
both public and private markets, as well as at portfolio level,
the CFA UK said in a statement yesterday.
When they complete the course, candidates will “understand the
implications of climate change on an investment and the ability
to incorporate relevant tools, techniques and data into
investment processes,” the organisation said.
Registered candidates have 12 months from starting the
certificate course to sit the exam. Upon successful
completion, they will be awarded their Certificate in Climate and
Investing.
“The launch of CFA UK’s Certificate in Climate and Investing
comes at a pivotal time for the investment profession. COP26
reaffirmed the changes that need to be made and highlighted the
finance sector's increased commitment to working with government
and civil society to maintain the sustainability of our planet,”
chief executive at CFA UK, Will Goodhart, said. “This programme
provides the practical skills and knowledge that people in our
sector need to be able to play their part and meet their clients'
demands.”