Les fiches synthèses de cours

Extra-financial risks refer to Environment, Social and Governance (ESG) factors that are not directly visible in traditional financial statements but can significantly affect cash flows, risk premia and asset values. They are typically long-term, uncertain in the short term, sometimes irreversible, and strongly shaped by regulatory, political and...

Sustainable finance refers to the set of financial practices that incorporate environmental, social, and governance (ESG) considerations into investment decisions. Its goal is to align financial flows with long-term sustainable development by assessing how ESG factors influence economic activity and how financial actors can influence firms and...