Sustainability theme

Professional Learning Plan:
Transition Pathways

The global commitment to achieving net zero transition is underway in a rapidly changing world. We are dedicated to driving towards a sustainable future and enabling you to thrive in the transition to a net zero economy and providing you with the essential knowledge that you will need to be part of the change.


This Learning Plan has been developed by leading investment practitioners to help you extend your knowledge and stay ahead.

Broken down into easy-to-digest modules, these targeted sessions provide approximately 2 hours of on-demand content covering the essentials of Transition Pathways. Designed so that you can understand the topics and take practical knowledge back to your jobs.

Duration: 2 hours
CPD Points: 2

On completion of this learning plan you will understand:

  • What is meant by transition risk and the associated potential impacts and opportunities.
  • What transition for ‘improvers’ means in the context of climate change.
  • The need for different sectoral transition pathways, key elements, challenges and innovation.
  • The purpose of scenario models, how they are used by investors and companies and their limitations.
  • How investors can engage on climate change, what the engagement cycle looks like and how climate considerations can be integrated into voting.
  • The challenges to climate aligned investing: climate science, regulation, reporting and transparency.

Merlin Linehan

Module 1: Transition Risks

In this module Merlin Linehan, Risk Manager at EBRD outlines climate transition risks, what transition risk means and how wider transition risks can have an impact on different sectors, economies and society.

 

Duration: 20 minutes

Module 1
John Teahan

Module 2: Transition for Improvers

In this module John Teahan, CFA, Portfolio Manager at Redwheel outlines what is meant by transition for improvers and gives a high-level topic introduction to the risks and opportunities of the net zero transition.

Duration: 20 minutes
Module 2
Carole Ferguson

Module 3: Sectoral Pathways

In this module Carole Ferguson, CEO at Carbon Transition Analytics (formerly Partner & Research Director at Signal Climate Analytics) outlines different sectoral transition pathways and how they show our progress towards net zero.

Duration: 20 minutes
Module 3
Stephanie Kelly

Module 4: Climate Scenario Models

In this module Stephanie Kelly, Head of Greenwheel at Redwheel outlines climate scenario models, the purpose of scenario models in an investment context and the importance of being aware of the key assumptions that underlie such models.

Duration: 15 minutes
Module 4
Valeria Piani

Module 5: Engagement and Collaboration

In this module Valeria Piani, Head of Stewardship, Sustainable Investing Team at Phoenix Group outlines how to approach engagement and collaboration on climate change and steps for setting up a stewardship programme.

Duration: 20 minutes
Module 5
Vishal Hindocha, CFA

Module 6: Challenges to Climate-Aligned Investing

In this module Vishal Hindocha, CFA, Global Head of Sustainability Strategy at MFS outlines the challenges to climate-aligned investing,  the ongoing debate about how best to incorporate climate change, and the impact of sustainability regulations.

Duration: 20 minutes
Module 6

If you have enjoyed this learning plan and want to find out more about how climate change is being integrated into investment decision making and the associated tools and methodologies, you might want to consider CFA UK’s Certificate in Climate & Investing. 

The Certificate in Climate and Investing explores the role that capital markets are expected to play in allocating capital towards the transition to a low carbon economy as well as associated policy, regulation and tools specific to measuring climate-related impacts on investments across a broad range of assets. You can download and read the first Chapter of the learning materials here.