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An Overview On Environmental Social And Governance – Esg-Topics From The Financial Markets’ Perspective

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  • VASIU Diana Elena

    (Lucian Blaga University of Sibiu, Romania)

  • BRATU Renate

    (Lucian Blaga University of Sibiu, Romania)

Abstract

If the concept of sustainability and sustainable development has been used for over 50 years, its use in the financial world is more recent. Today, companies and investors focus on ESG that stands for Environmental Social Governance. Capital markets can be a powerful tool for creating change. By restricting access to capital, companies are stimulated to improve their performance under measures Environmental, Social or Governance. Rewarding companies and managers that perform well on ESG factors encourages continuous progress and improvement. But in order to do that, it is necessary for companies and stakeholders to have at their disposal standards and indexes that measure the performance of companies in the ESG field and ensure comparability.

Suggested Citation

  • VASIU Diana Elena & BRATU Renate, 2022. "An Overview On Environmental Social And Governance – Esg-Topics From The Financial Markets’ Perspective," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(2), pages 76-82, December.
    • Handle: RePEc:blg:msudev:v:14:y:2022:i:2:p:76-82:n:14
    DOI: https://doi.org/10.54989/msd-2022-0021
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    References listed on IDEAS

    as
    1. Elena Escrig-Olmedo & Maria Jesus Munoz-Torres & Maria Angeles Fernandez-Izquierdo, 2010. "Socially responsible investing: sustainability indices, ESG rating and information provider agencies," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 2(4), pages 442-461.
    2. Philipp Krueger & Zacharias Sautner & Dragon Yongjun Tang & Rui Zhong, 2021. "The Effects of Mandatory ESG Disclosure Around the World," Swiss Finance Institute Research Paper Series 21-44, Swiss Finance Institute.
    3. Benjamin Hübel & Hendrik Scholz, 2020. "Integrating sustainability risks in asset management: the role of ESG exposures and ESG ratings," Journal of Asset Management, Palgrave Macmillan, vol. 21(1), pages 52-69, February.
    Full references (including those not matched with items on IDEAS)

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