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SMGT 505 - Environmental Finance

Course Description: 

The emerging field of environmental finance provides businesses an opportunity to approach environmental challenges in a financially sustainable and often profitable manner. The course will introduce students to fundamental concepts of microeconomics, macroeconomics, and accounting in order to prepare them for studying finance and other SMGT courses. It will explore implications of environmental finance on the financial sector ranging from banking, insurance, investments, financial services, sustainable investing, and social enterprise. The role of hedging devices for pollution and energy and the role of corporate advocacy in environmental policy and standards will be addressed from a corporate competitive business strategy perspective. The interrelationship between financial and environmental performance will be discussed with a focus on corporate risk management and impact on stock and bond ratings. Format will comprise of introduction of basic concepts, discussion of select current publications from corporate and academic thought leaders, and cases or examples that provide hands-on experience.