The ESG Review Panel is conceived to safeguard the quality of EFFAS certifications in the ESG area, contributing to the maintenance of the Programmes Syllabus’ and certification exams.
The ESG Review Panel is composed of outstanding academics and practitioners who are all ESG experts. As the CESGA matures and consolidates itself as a global leader in the market the experts’ combined abilities will safeguard the quality of the CESGA certification. In addition, they will use their expertise to maintain the same high standards with the forthcoming ESG Essentials Programme for Financial Advisors.
Prof. Dr. Alexander Bassen (Chair) (DVFA, Germany)
Members (alphabetical order)
Sonia Artuso, CEFA, CIIA, CESGA (AIAF, Italy)
She has a bachelor’s degree from Torino University, majoring in Economics and Business, and is a CIIA, CESGA and CEFA holder. Currently she is Subject Expert of Financial Markets at the Cattolica University in Milan and she lectures in ESG training and Sustainability on master's courses in Milan at the Bicocca University.
She is a member of AIAF’s Sustainability and ESG Observatory and EFFAS’ Commission on ESG issues (CESG). She recently collaborated on position papers on the issues of ESG integration in the investment process of funds and in the financial analysis of Equity. She regularly contributes to the ESG Observatory editorial on the AIAF website. As part of the Expert team of the EFFAS Certified ESG Analyst (CESGA), she actively collaborates in updating the training and study materials for the CESGA exam preparation course.
She is the author of articles and papers, among which are the chapters on Socially Responsible Investment Industries and EU Energy in Transition: Frameworks and Ambitions, recently published in the Encyclopedia of the UN Sustainable Development Goals, Springer.
Aurélie de Barochez, CIIA (SFAF, France)
From 2012 to 2015 she was an analyst at Novethic, responsible for the certification of SRI funds, for developing sustainable investment training and for conducting statistical studies.
She began her career as an SRI analyst at General in 2011 and then at Agicam.
Aurélie holds a master’s degree in management from Audencia Nantes and a master’s degree in International Law from Université Paris 2 Panthéon Assas. She graduated from the SFAF (CIIA) in 2017 and is a member of the Commission in charge of Extra-financial analysis.
Corinne Baudoin, CEFA (SFAF, France)
Ms Baudoin is an SFAF member and diploma accredited (CEFA – Certified European Financial Analyst) since 2000, she is also an agricultural engineer (ENSFA, Rennes) and has a master’s degree (DESS) in land-use planning and local authorities.
Andrea Gasperini (AIAF, Italy)
Mr Gasperini is a member of Working Group 3 of the Italian Observatory for the Sustainable Finance (OIFS) promoted by the Italian Ministry for the Environment and Protection of Land and Sea (MATTM).
His professional commitments concern all matters related to sustainability, particularly the risks and opportunities connected to a transitioning to a low carbon and climate resilient economy.
His other expertise lies in: financial analysis of the methodology to identify and communicate the intangible assets and liabilities; the environmental, social and governance factors (ESG); the GRI Sustainability Report and the Integrated Report according to the IIRC framework of the German Council Sustainability Code (RNE); the impacts on Sustainable Development Goals (SDGs) Agenda 2030 UN.
Mr Gasparini is author and co-author of many books and essays, published in several management and economic journals about Sustainable Finance and intangible assets and has been the keynote speaker at university master’s courses and conferences arranged in these fields by national and international organizations.
René Nicolodi, PhD (SFAA, Switzerland)
Susana Peñarrubia Fraguas, CFA, CESGA
She joined DWS in 2001 after 3 years of experience as salesperson for fixed income sales at Dresdner Kleinwort Benson. Since 2009, she has been equity portfolio multiproduct manager for European ESG.
Teresa Royo, CESGA
She joined the company in 2011, after 6-years’ experience working for Ecodes, providing ESG Research for institutional investors and sustainability indexes as FTSE4good, FTSE4good IBEX, Carbon Disclosure Project; with the English research agency EIRIS.
She was a Member of the stakeholder council of the Global Reporting Initiative during 2010-2011.
She has a master's degree ("Licenciada en Económicas") in economics from Universidad de Zaragoza; additional studies at Maastricht Universiteit (The Netherlands); and Instituto de Estudios Bursátiles (IEB). She is a Trainer at the EFFAS ESG Training Programme Valuation, Measurement and Integration, and for the Global Reporting Initiative reporting guidelines.