CESGA - CERTIFIED ESG-ANALYST
In total, more than 7,000 asset managers from around the world already hold the world-leading CESGA title from the European Federation of Financial Analysts Associations (EFFAS)
Contact
Stefan Schummer
Start date
at any time
Examen Dates 2025
27. June
26. September
12. December
Access to the study material for six month after registration
PROFIT FROM THE GLOBAL DEVELOPMENT AND BECOME AN ESG EXPERT WITH THE INTERNATIONAL ESG TRAINING PROGRAM
The CESGA 4.1 program is a cutting-edge, all-encompassing training designed to equip investment professionals with the critical skills needed for effective integration of Environmental, Social, and Governance (ESG) factors. In a world where social and environmental issues, regulatory pressures, and market dynamics increasingly influence business decisions, the inclusion of ESG data in investment strategies has become indispensable.
Why Choose CESGA 4.1?
The CESGA 4.1 program distinguishes itself by providing targeted training on essential ESG topics that are vital for today’s analysts, including:
- In-depth ESG Data Integration: Emphasizes high-quality data’s role in ESG valuation, covering improvements in data quality.
- ESG Reporting & Regulation: Provides insights into various ESG frameworks, including the European Sustainability Reporting Standard (ESRS), helping professionals navigate global reporting requirements.
- Enhanced Due Diligence Tools: Introduces structured tools for comprehensive ESG analysis and due diligence.
- Climate Change Focus: Equips participants with current knowledge on climate-related risks and opportunities.
- Global Perspective: Offers insights into worldwide ESG trends and regulations, keeping participants at the forefront of international standards.
A Program Aligned with the Latest Standards
Revamped in 2024, CESGA 4.1 is the first program accredited by EFRAG for ESRS compliance, aligning with the latest in European and global sustainability reporting. Designed „by practitioners, for practitioners,“ CESGA 4.1 is the ideal training for those seeking to excel in a rapidly evolving ESG landscape.
CESGA - CERTIFIED ESG-ANALYST: TABLE OF CONTENT
Modul 1
Recent Developments in ESG integration
Modul 2
Regulatory environment
Delving into the regulatory sphere, this module provides a comprehensive understanding of the current state of sustainability regulations both in the European Union and broader international trends. Participants will learn about regulations affecting corporations and investors, while also gaining foresight into emerging international trends and their potential market impact.
Modul 3
ESG-Strategies
This module discusses various strategies to incorporate ESG considerations. Participants will be introduced to the current sustainable investment landscape, different definitions and terms in this domain, and distinctive features of multiple ESG strategies.
Modul 4
Responsible investing across asset classes
This module homes in on diverse investment assets, elaborating on the specific ESG considerations pertinent to each. Participants will gain an overview of the unique ESG perspectives associated with different asset classes and learn how to tailor ESG strategies accordingly.
Modul 5
ESG Reporting
Designed to enhance participants‘ understanding of reporting, this module delineates the differences between reporting requirements and frameworks. It will familiarize participants with prevalent reporting frameworks and the trend towards convergence. It discusses what the major sources of ESG information are and the main ESG raw data issues as well as the reasons behind the use of indicators. Additionally, it discusses the two dimensions of double materiality.
Modul 6
ESG integration in the investment process
This module provides a deep dive into the investment decision-making process within the broader investment process chain. Participants will learn about the general steps involved, understand the intricacies of integrating ESG considerations, and grasp its influence at key stages of the investment process.
Modul 7
ESG integration in fundamental research (Qualitative analysis)
Participants will explore the methodologies to integrate ESG data into investment decisions in this module. Topics of discussion will include the identification of ESG value drivers for both corporations and sovereigns, the qualitative analysis of corporate governance, sector specific ESG challenges, Green and Sustainable Banking practices, and the final synthesis of these analyses with business models and strategies.
Modul 8
ESG integration in fundamental research (Quantitative analysis)
The aim of this module is to dive into how qualitative analyses of material challenges can be incorporated into valuation models. The module will shed light on the influence of ESG data on financial forecasts and its integration within valuation models for varied asset classes.
Modul 9
Case study – ESG integration in the investment decision and climate change
This practical module synthesizes the teachings of the preceding eight modules. Through tangible examples in research and portfolio management, participants will acquire a robust framework for ESG-integrated due diligence. The module covers examples on integration in research and portfolio management.
The Climate change chapter provides a comprehensive and practical approach, exploring several key areas: the challenge of rising carbon emissions and temperatures, global efforts to increase transparency through climate-related reporting, and the adoption of comprehensive climate-related disclosure regulations. It delves into the external costs of carbon emissions, the dual nature of physical and transition risks, and corporate opportunities for mitigation and adaptation. Additionally, the chapter emphasizes the materiality of impacts, risks, and opportunities, measurement through climate-related metrics and targets, and strategic implementation of a climate change response within the investment process.
Modul 10
ESG Regional Developments (*)
This complementary module offers a panoramic view. Participants will dive deep into a tailored exploration of ESG trends across three critical regions: Asia Pacific, Latin America, and North America.
The Asia Pacific chapter presents the regulatory and investment landscape of key players: Japan’s evolving sustainability initiatives, China’s green financing surge, Hong Kong’s sustainable investing strategies, and Singapore’s pioneering ESG innovations. Gain insights into the broader Asia-Pacific market’s trajectory in the global ESG arena.
The chapter dedicated to Latin America provides an overview of the main trends in ESG related practices in the region. It highlights the main regional disparities and focuses on corporate ESG practices, developments in ESG risk integration by financial institutions, as well as the main regulatory approaches in Latin America.
The North America chapter covers key developments in the burgeoning ESG industry in Canada and the United States. It explores in detail the recent US SEC proposal on climate-related disclosures, the revision of the fund name rule, as well as the Canada Transition Taxonomy and mandatory climate-related reporting in Canada.
(*) this content is complementary and will not enter in the exam.
CESGA - CERTIFIED ESG-ANALYST: COURSE STRUCTURE
The EFFAS and DVFA online ESG training program offers participants extensive access to study material (learning films, handouts, and case studies). The content is available to participants for six months. Depending on previous knowledge, we recommend about 70 to 90 hours for processing and preparing for the exam. After working through the material, the DVFA, in cooperation with EFFAS, offers a final examination.
The exam takes two and a half hours to complete and comprises 120 points. The exam consists of multiple-choice tasks (50%) and a case study (50%). The exam is passed if a total of half or more of the 120 points and at least 30 percent in each of the two parts is achieved.
The exam is expected to be offered four times a year. Please refer to the registration form for the exact dates. All materials and the exam are in English.
CERTIFIED ESG-ANALYST: TARGET GROUP
The CESGA programme is particularly aimed at financial analysts and portfolio managers who want to integrate ESG data in their capital allocation processes, but also, in general, all investment professionals increasingly committed to ESG issues.
Other specialists such as corporate sustainability officers, investor relations, auditors and consultants will find this course interesting to develop a better understanding of the needs of capital markets in terms of ESG information. Summing up it is ideal for asset owners, asset managers, corporate consultants, financial planners, and family offices who wish to embrace ESG integration holistically.
OUR EXPERTS
The CESGA Training Program consists of an international team under the scientific direction of Prof. Dr. Alexander Bassen, University of Hamburg.
Sonia Artuso, CEFA, CIIA, CESGA
Aurélie de Barochez, CIIA
Corinne Baudoin, CEFA
Dr. Donato Calace
Anthony Cheung, CESGA, FCPA
Dr. Gunnar Friede, CEFA, CIIA
Peter Lindström, CEFA, CESGA
Prof. Dr. Kerstin Lopatta, CESGA
Patricia Moles
René Nicolodi, PhD
Susana Peñarrubia Fraguas, CFA, CESGA
Teresa Royo Luesma, CESGA
Sofia Santos, PhD, CESGA
ESG-Weiterbildungen: weitere Angebote
ESG Essentials
Erwerben Sie die grundlegenden Kenntnisse zu ESG-Faktoren und deren Anwendung in der Finanzberatung. Lernen Sie, ESG-Produkte zu erkennen und Investoren kompetent zu beraten. Bereiten Sie sich auf die Anforderungen der nachhaltigen Finanzwelt vor.
Erfahren Sie mehr über das englischsprachige Programm ESG Essentials.
Statements of our graduates
Do you have Questions?
Contact us if you want more information about the DVFA-Program „CESGA – Certified Environmental, Social and Governance Analyst“.
Mr. Schummer will gladly answer your call :
069-26 48 48-121
or you can send a message to: ssc@dvfa.de