This course aims at providing students with fundamental knowledge for analysing ESG and sustainability issues through applying theoretical knowledge in economics and finance as well as synthesising insight from related research findings. It evaluates the issues from the perspective of global public welfare. The effectiveness of solutions in ESG and sustainability initiated both from the governments and the market would be evaluated. Contents of the course would cover economics and finance, analysing the implication of ESG and sustainability issues on macroeconomic environment, financial markets and firm survival. Students would gain insight of corporate strategy / government policy form macroeconomic stress scenarios for climate risk, regulatory response to climate change, stress testing for financial institutions, organisation economics and agency theory of firm-based incentive strategy for ESG and sustainability, etc.