 Sustainability and Finance: Environment, Social, and Governance (ESG)Caroline D. Ditlev-Simonsen ()
Chapter 9 in A Guide to Sustainable Corporate Responsibility, 2022, pp 189-206 from Springer Abstract: Abstract Finance plays a central function in the business world. From being included in small and specialized funds, Environment, Social, and Governance (ESG) and socially responsible investment (SRI) have become part of the mainstream for investors and analysts. In this chapter, I will address what ESG, SRI, environmental and social risk assessment, and ethical investment are about, as well as different investment strategies taking these into account. Further, dilemmas that arise are introduced such as what is a sustainable sector or product and how this differs based on the values of individuals. The move from addressing sustainability issues as a risk reduction activity to a business opportunity is discussed. Finally, the Norwegian Pension Fund, the world’s largest fund, is used as an example to illustrate product-based and conduct-based exclusions in practice. Keywords: Environmental Social Governance (ESG); socially responsible investment (SRI); Risk; Greenwashing; Taxation; Strategy; Dilemma; Screening; Value; Attitude; Responsible corporation; The Norwegian Pension Fund; Exclusion; Return on capital (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88203-7_9 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-88203-7_9 Access Statistics for this chapter More chapters in Springer Books from Springer |
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