- CFA Exams
- 2025 Level II
- Topic 4. Corporate Issuers
- Learning Module 17. Environmental, Social, and Governance (ESG) Considerations in Investment Analysis
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Learning Outcome Statements PDF Download
1. Ownership Structure and Their Effects on Corporate Governance evaluate the effectiveness of a company's corporate governance policies and practices; | |
2. Evaluating Corporate Governance Policies and Procedures describe how ESG-related risk exposures and investment opportunities may be identified and evaluated; | |
3. Identifying ESG-Related Risks and Opportunities evaluate ESG risk exposures and investment opportunities related to a company. | |
4. Evaluating ESG-Related Risks and Opportunities explain top-down and bottom-up factors that impact the cost of capital; |

I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
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