Motivations for Investment in Sustainable Consumption and Production

Joakim Sandberg () and Emma Sjöström
Additional contact information
Joakim Sandberg: University of Gothenburg
Emma Sjöström: Misum, Stockholm School of Economics

Chapter Chapter 7 in Sustainable Consumption and Production, Volume I, 2021, pp 125-139 from Springer

Abstract: Abstract In this chapter, we explore the motivations of sustainability-oriented investors for directing capital towards sustainable production and consumption practices. Whereas in public communication it is often framed in financial terms, i.e. that a focus on sustainability is a way to generate long-term shareholder value, some investors may also be motivated by “doing good” and by an urge to contribute to a sustainable future. These two rationales build on different logics, and may produce different strategies on part of the investors, and have different outcomes. The financial logic has a theoretical or mind-to-world direction of fit, and it requires investors to adopt a reactive and hypothetical stance towards sustainability issues. The moral logic, on the other hand, has a practical or world-to-mind direction of fit, and it requires investors to adopt a proactive and categorical stance to sustainability issues. In this chapter we reflect on what this might entail for sustainable production and consumption.

Keywords: Sustainable investment; Shareholder; Motivation; Institutional logic (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-56371-4_7

Ordering information: This item can be ordered from
http://www.springer.com/9783030563714

DOI: 10.1007/978-3-030-56371-4_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().