CESGA
CESGA Exam 2025 | Certified
Environmental, Social, and
Governance Analyst
Market Drivers - Investor Demand
Investor Initiatives
Global Challenges
Public Perception
Regulatory Framework
Data Availability
UN Sustainable Development Goals (SDGs) - 17 goals: No Poverty, zero hunger, good
health and well-being, quality education, gender equality, clean water and sanitation,
affordable and clean energy, decent work and economic growth, industry, innovation, and
infrastructure, reduced inequalities, sustainable cities and communities, responsible
consumption and production, climate action, life below water, life on land, peace justice
and strong institutions, and partnerships for the goals
Which answer is MORE correct..: Mainstreaming does define the trend toward ...
1.- Integration of environmental aspects in traditional investment process.
2.- Integration of environmental and company profitability aspects in traditional
investment process.
3.- Integration of social and environmental aspects in traditional investment process.
4.- Integration of all sustainability aspects in traditional investment process.
Investor Initiatives - * 4.- Integration of all sustainability aspects in traditional investment
process.
CESGA
,CESGA
Raising Public Awareness
Competitive Advantage
Gathering of Information and knowledge
Prevent regulation
Barriers to ESG - Examples:
Perceived lack of business case ( 74.1% of reports)
ESG data (72.3%)
Absence of clear standards and definitions (66.1%)
Lack of investor education/knowledge (45.5%)
Missing/Unclear regulation (39.3%)
EU Action Plan Regulatory Framework Players - High level expert group on sustainable
Finance (HLEG)
Technical Expert Group on Sustainable Finance (TEG)
Sustainable Finance Platform
CESGA
, CESGA
EU Action Plan (Ten Reforms in three areas) - Reorient capital flows toward sustainable
investment, in order to achieve sustainable and inclusive growth:
1.Establishing an EU classification system for sustainable activities
2.creating standards and labels for green financial products
3.Fostering investment in sustainable projects
4. Incorporating sustainability benchmarks
5. Developing sustainability benchmarks
Mainstreaming sustainability into risk management:
6.better integrating sustainability in ratings and market research
7.clarifying institutional investors and asset managers duties
8.incorporating sustainability in prudential requirements
Foster transparency and long-termism in financial and economic activity:
9. Strengthening sustainability disclosure and accounting rule making
10. Fostering sustainable corporate governance and attenuating short-termism in capital
markets
EU Action plan legislative package (4 most important reforms - 1) A unified EU
classification system (taxonomy)
2) investors duties and disclosures
3) low-carbon benchmarks
4) Better advice to clients on sustainability
CESGA
CESGA Exam 2025 | Certified
Environmental, Social, and
Governance Analyst
Market Drivers - Investor Demand
Investor Initiatives
Global Challenges
Public Perception
Regulatory Framework
Data Availability
UN Sustainable Development Goals (SDGs) - 17 goals: No Poverty, zero hunger, good
health and well-being, quality education, gender equality, clean water and sanitation,
affordable and clean energy, decent work and economic growth, industry, innovation, and
infrastructure, reduced inequalities, sustainable cities and communities, responsible
consumption and production, climate action, life below water, life on land, peace justice
and strong institutions, and partnerships for the goals
Which answer is MORE correct..: Mainstreaming does define the trend toward ...
1.- Integration of environmental aspects in traditional investment process.
2.- Integration of environmental and company profitability aspects in traditional
investment process.
3.- Integration of social and environmental aspects in traditional investment process.
4.- Integration of all sustainability aspects in traditional investment process.
Investor Initiatives - * 4.- Integration of all sustainability aspects in traditional investment
process.
CESGA
,CESGA
Raising Public Awareness
Competitive Advantage
Gathering of Information and knowledge
Prevent regulation
Barriers to ESG - Examples:
Perceived lack of business case ( 74.1% of reports)
ESG data (72.3%)
Absence of clear standards and definitions (66.1%)
Lack of investor education/knowledge (45.5%)
Missing/Unclear regulation (39.3%)
EU Action Plan Regulatory Framework Players - High level expert group on sustainable
Finance (HLEG)
Technical Expert Group on Sustainable Finance (TEG)
Sustainable Finance Platform
CESGA
, CESGA
EU Action Plan (Ten Reforms in three areas) - Reorient capital flows toward sustainable
investment, in order to achieve sustainable and inclusive growth:
1.Establishing an EU classification system for sustainable activities
2.creating standards and labels for green financial products
3.Fostering investment in sustainable projects
4. Incorporating sustainability benchmarks
5. Developing sustainability benchmarks
Mainstreaming sustainability into risk management:
6.better integrating sustainability in ratings and market research
7.clarifying institutional investors and asset managers duties
8.incorporating sustainability in prudential requirements
Foster transparency and long-termism in financial and economic activity:
9. Strengthening sustainability disclosure and accounting rule making
10. Fostering sustainable corporate governance and attenuating short-termism in capital
markets
EU Action plan legislative package (4 most important reforms - 1) A unified EU
classification system (taxonomy)
2) investors duties and disclosures
3) low-carbon benchmarks
4) Better advice to clients on sustainability
CESGA
