[{"command":"insert","method":null,"selector":".course-modal-ajax-placeholder-959296","data":"\u003Cdiv class=\u0022container content-rte\u0022\u003E\n  \u003Cdiv class=\u0022row\u0022\u003E\n    \u003Cdiv class=\u0022box col-md-6 bg-primary text-white\u0022\u003E\n      \u003Ch2 class=\u0022h1 text-left\u0022\u003E  Ethique, profits et impact social et environnemental des entreprises\n\u003C\/h2\u003E\n                  \u003Cdiv class=\u0022field-spacing\u0022\u003E\n        \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EECTS :\n          2\n        \u003C\/div\u003E\n      \u003C\/div\u003E\n                  \u003Cdiv class=\u0022field-spacing\u0022\u003E\n        \u003Cdiv class=\u0022field__label h3 dash\u0022\u003ESemestre calendaire :\n          Semestre 2\n        \u003C\/div\u003E\n      \u003C\/div\u003E\n            \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003ED\u00e9tail du volume horaire\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                          \u003Cspan class=\u0022field__label h4 mt-5 \u0022\u003ECours magistraux :\u003C\/span\u003E\n                                      \u003Cspan\u003E20\u003C\/span\u003E\n                      \u003C\/div\u003E\n                                                                                        \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003ELangue d\u0026#039;enseignement\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003EFran\u00e7ais\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EEnseignement \u00e0 distance\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003Enon\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n      \u003C\/div\u003E\n    \u003Cdiv class=\u0022box col-md-6\u0022\u003E\n            \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EPr\u00e9requis\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003ECe cours n\u00e9cessite un niveau M1 en micro\u00e9conomie; des bases en math\u00e9matiques niveau L2 (optimisation); bases d\u0027\u00e9conom\u00e9trie niveau L3.\u003C\/p\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EProgramme \/ plan \/ contenus\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003ELe cours est divis\u00e9 en 8 s\u00e9ances. Les 4 premi\u00e8res s\u00e9ances sont consacr\u00e9es \u00e0 4 chapitres sur les d\u00e9terminants \u00e9conomiques et les liens entre RSE, ethiques et profits, et \u00e0 la mesure d\u2019impacts. Puis, les 4 derni\u00e8res s\u00e9ances sont consacr\u00e9es \u00e0 des expos\u00e9s des etudiants \u00e0 partir d\u2019articles sur les th\u00e9mes abord\u00e9s dans les diff\u00e9rents chapitres du cours.\u003C\/p\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EObjectifs d\u0026#039;apprentissage\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003EL\u2019objectif de l\u2019UE est de comprendre les d\u00e9terminants \u00e9conomiques et la mat\u00e9rialit\u00e9 \u2013 financi\u00e8re et extra financi\u00e8re - de l\u2019investissement \u00e0 impact et du risque climat. Il s\u2019agit fondamentalement de r\u00e9pondre aux questions suivants : comment mesurer l\u2019impact environnnemental et social des entreprises ? peut-on concilier ethiques et recherche du profits ? comment prendre en compte le risque climat pour les entreprises et les investisseurs ? Les march\u00e9s financiers valorisent-ils ces strat\u00e9gies et peut-on parler de capitalisme vert ou durable? Plus g\u00e9n\u00e9ralement, comment repr\u00e9senter les int\u00e9r\u00eats de toutes les parties prenantes dans la strat\u00e9gie des entreprises?\u003C\/p\u003E\n\u003Cp\u003EThe objective of the course is to understand the economic determinants and the materiality - financial and extra-financial - of impact investing and climate risk. It is fundamentally about answering the following questions: how to measure the environmental and social impact of companies? can we reconcile ethics and the search for profits? how to take into account the climate risk for companies and investors? Do financial markets value these strategies and can we talk about green or sustainable capitalism? More generally, how can the interests of all stakeholders be represented in corporate strategy?\u003C\/p\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EOrganisation g\u00e9n\u00e9rale et modalit\u00e9s p\u00e9dagogiques\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003EEquipe p\u00e9dagogique :\u003Cbr\u003E\nPatricia CRIFO (Professeur, Ecole Polytechnique), intervenants ponctuels.\u003C\/p\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n                \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EComp\u00e9tences\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003ELes comp\u00e9tences acquises au terme du module sont :\u003C\/p\u003E\n\u003Cp\u003E- Analyser les strat\u00e9gies d\u2019investissement \u00e0 impact en s\u2019appuyant sur les trois piliers de l\u2019\u00e9conomie moderne : \u00e9conomie publique, \u00e9conomie industrielle et \u00e9conomie des contrats incomplets.\u003C\/p\u003E\n\u003Cp\u003E- \u00c9valuer les choix d\u2019investissement \u00e0 impact \u00e0 l\u2019aide d\u2019outils et m\u00e9thodes d\u2019analyse \u00e9conomique,\u003C\/p\u003E\n\u003Cp\u003E\u0026nbsp; \u0026nbsp;notamment :\u003C\/p\u003E\n\u003Cp\u003E\u0026nbsp; *L\u2019analyse historique des concepts de d\u00e9veloppement durable, d\u2019ESG et d\u2019investissement \u00e0 impact ;\u003C\/p\u003E\n\u003Cp\u003E\u0026nbsp; *L\u2019identification des d\u00e9terminants \u00e9conomiques sp\u00e9cifiques \u00e0 l\u2019investissement \u00e0 impact ;\u003C\/p\u003E\n\u003Cp\u003E\u0026nbsp; *L\u2019\u00e9valuation des interactions entre performance d\u2019impact, gouvernance d\u2019entreprise et exposition aux risques climatiques\u0026nbsp;\u003C\/p\u003E\n\u003Cp\u003E\u0026nbsp; *L\u2019analyse des enjeux macro\u00e9conomiques associ\u00e9s \u00e0 l\u2019essor de la finance durable\u003C\/p\u003E\n\u003Cp\u003ER\u00e9sum\u00e9 des comp\u00e9tences pour le suppl\u00e9ment au dipl\u00f4me (en anglais) :\u003C\/p\u003E\n\u003Cul\u003E\n\u003Cli\u003EAnalyze impact investment strategies using key economic frameworks\u0026nbsp;: public economics, industrial organization, and incomplete contracts theory.\u0026nbsp;\u003C\/li\u003E\n\u003Cli\u003EEvaluate investment decisions with economic analysis tools, including:\u003C\/li\u003E\n\u003Cli\u003Ethe historical evolution of sustainable development, ESG, and impact investing;\u003C\/li\u003E\n\u003Cli\u003Ethe economic drivers of impact investment;\u003C\/li\u003E\n\u003Cli\u003Ethe relationship between impact performance, corporate governance, and climate risk exposure;\u003C\/li\u003E\n\u003Cli\u003Eand the macroeconomic implications of sustainable finance.\u003C\/li\u003E\n\u003C\/ul\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003EBibliographie\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003E\u003Cp\u003E- Crane, A., McWilliams, A., Matten, D., Moon, J. \u0026amp; D.S. Siegel. (2009). The Oxford Handbook of Corporate Social Responsibility, Oxford University Press, Oxford (UK).\u0026nbsp;\u003C\/p\u003E\n\u003Cp\u003E- Crifo P., Ponssard JP. eds. (2010). Corporate social responsibility: from compliance to opportunity. Mai. Editions de l\u2019Ecole Polytechnique. Mottis N. ed. (2014). ISR et Finance Responsable. Ellipses.\u003C\/p\u003E\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n        \u003Cdiv class=\u0022field-spacing\u0022\u003E\n      \u003Cdiv class=\u0022field__label h3 dash\u0022\u003ENature de l\u0026#039;\u00e9valuation\u003C\/div\u003E\n                        \u003Cdiv class=\u0022mt-5 text-justify\u0022\u003E\n                                      \u003Cspan\u003EEvaluation Continue non Int\u00e9grale\u003C\/span\u003E\n                      \u003C\/div\u003E\n                  \u003C\/div\u003E\n      \u003C\/div\u003E\n  \u003C\/div\u003E\n\u003C\/div\u003E\n","settings":null}]