About | Contributor | Liam Formosa

Liam Formosa

A current finance student with an interest in sustainable investing, capital allocation and risk management as well as the growing prominence of ESG in business strategy.


A current student studying a Bachelor of Business at the University of Technology Sydney (UTS). I am drawn to this opportunity with Altiorem due to my university experience in a corporate finance subject which explored the role of sustainable investing, capital allocation, risk and the complexity of this in modern firms. I found this very interesting and wish to pursue this further as I near the completion of my degree.

I am also incredibly interested in the markets ability to find an equilibrium and solutions to problems (or possibly lack thereof in relation to ethical/sustainability issues) through the flow of funds function.

I have recently received a high distinction in the subject “Financial Metrics for Decision Making”, which was a class focusing on financial modelling. Risk management was an important component, and I became very interested in the challenges of this, especially in relation to situations which are extremely difficult to quantify such as the risk of liability due to environmental degradation.

In this role with Altiorem I am seeking a deeper understanding of sustainable finance as I believe this will become an increasingly critical to business strategy, and an absolute must for all companies moving forward.


Financing for sustainable development report 2021

This report contains updates, data and analysis on trends in financing for sustainable development in 2021, while setting out recommendations for policy. Covid-19 has negatively impacted progress for sustainable development. The report proposes measures to support developing countries, rebuild global economies, and achieve the Sustainable Development Goals.

Global ESG disclosure standards for investment products

1 November 2021
This report presents the “Global ESG disclosure standards for investment products” developed by the CFA Institute to facilitate fair representation and full disclosure by investment managers in relation to how environmental, social and governance (“ESG”) issues are considered in an investment product’s objectives, investment process or stewardship activities.

Changing colours: Adaptive capacity of companies in the context of the transition to a low carbon economy

Over the coming decades economies will transition towards a low carbon economy. This paper explores the adaptive capacity of firms to financial risks that may arise in the context of this transition, while detailing the risk of a "too sudden too late scenario of sweeping legal, social and environmental change".

Preventing modern slavery and human trafficking: An agenda for action across the financial services sector

This report combines research, resources and advice for financial institutions to use for information, awareness and guidance in implementing measures to address modern slavery and human trafficking concerns within their supply chain and operations.

The promise of fintech: financial inclusion in the post COVID-19 era

This report uses quantitative and qualitative research to further our understanding of developments in digital financial inclusion driven by fintech, and their macroeconomic effects. It also details the impact of the COVID-19 pandemic and discusses the future of fintech’s impacts on financial inclusion.


Intern Profile: Liam Formosa

1 March 2023

Altiorem welcomes you to the next post within a regular series where we profile the inspiring and generous people who are making Altiorem possible. We are excited to introduce our intern profile on the amazing Liam Formosa.