Sustainable development and financial markets: Old paths and new avenues

T Busch, R Bauer, M Orlitzky - Business & Society, 2016 - journals.sagepub.com
This article explores the role of financial markets for sustainable development. More
specifically, the authors ask to what extent financial markets foster and facilitate more
sustainable business practices. The authors highlight that their current role is rather modest
and conclude that, on the old paths, a paradoxical situation exists. On one hand, financial
market participants increasingly integrate environmental, social, and governance (ESG)
criteria into their investment decisions, whereas on the other hand, in terms of organizational …

Sustainable development and financial markets: Old paths and new avenues

M Orlitzky, R Bauer, T Busch - Business and Society, 2016 - philpapers.org
This article explores the role of financial markets for sustainable development. More
specifically, the authors ask to what extent financial markets foster and facilitate more
sustainable business practices. The authors highlight that their current role is rather modest
and conclude that, on the old paths, a paradoxical situation exists. On one hand, financial
market participants increasingly integrate environmental, social, and governance criteria into
their investment decisions, whereas on the other hand, in terms of organizational reality …
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