Our first presentation of 2021 is:


Date & Time: January 20, 2021
4:00 PM US Eastern, 3:00 PM US Central
CPE Credit Hour(s): 2.00
Location: Online Webinar
Group: Houston CPA Society, Sustainability Investment Leadership Council

Hundreds of millions of dollars are now invested in funds that are labeled “socially responsible investments.” But who determines what is “socially responsible”? How are standards and metrics defined for this large – and growing exponentially larger – sector of the capital markets?

Session Description

By June 2020, a quarter of a trillion dollars were invested in ESG funds. And the growth trend is increasing exponentially; the amount of capital that flowed into sustainable funds last year was roughly four times as great as the amount in the prior year, and six times as great as the amount in 2013.

Many wealth managers follow automated “robo-advisor” guidance by investing in ESG funds that track sustainability indices and other publicly available metrics. Thus, personal financial planners and investment managers who compete against such advisory services may find it helpful to learn about the “truth behind the numbers.”

In this session, we will review growth trends in the ESG fund industry. We will then engage in a detailed analysis of the investment methodology of the world’s leading set of sustainability indices. Finally, we will review the definitions and constructs of the world’s leading promulgators of ESG metrics and standards.

Target Audience

Wealth managers, investment advisors, and personal financial planners
Assurance professionals with professional interests in the ESG field
Accounting professionals and students with career interests in sustainability

Major Discussion Topics

Development of global ESG capital markets
The Dow Jones Sustainability Indices (DJSI)
Roles Played by RobecoSAM and Rep Risk in the DJSI
Case Study: Exxon Mobil
The Global Reporting Initiative (GRI) Standards
The United Nations Sustainable Development Goals (SDGs)
IPIECA International Petroleum Industry Metrics

Discussion Materials

CNBC, Money Moving Into Environmental Funds Shatters Previous Record

Dow Jones Sustainability Indices (DJSI) Methodology




Global Reporting Initiative (GRI)

United Nations Sustainable Development Goals (SDGs)

IPIECA International Petroleum Industry Metrics