AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE
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 res...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Lucian Blaga University of Sibiu
2022-12-01
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Series: | Management of Sustainable Development |
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Online Access: | https://msdjournal.org/wp-content/uploads/vol14issue2-13.pdf |
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author | VASIU Diana Elena BRATU Renate |
author_facet | VASIU Diana Elena BRATU Renate |
author_sort | VASIU Diana Elena |
collection | DOAJ |
description | 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. |
first_indexed | 2024-04-11T00:45:25Z |
format | Article |
id | doaj.art-234f0f58f327403e818595626426a1d0 |
institution | Directory Open Access Journal |
issn | 2066-9380 2247-0220 |
language | English |
last_indexed | 2024-04-11T00:45:25Z |
publishDate | 2022-12-01 |
publisher | Lucian Blaga University of Sibiu |
record_format | Article |
series | Management of Sustainable Development |
spelling | doaj.art-234f0f58f327403e818595626426a1d02023-01-05T16:32:04ZengLucian Blaga University of SibiuManagement of Sustainable Development2066-93802247-02202022-12-011427682https://doi.org/10.54989/msd-2022-00211AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVEVASIU Diana Elena0BRATU Renate1Lucian Blaga University of Sibiu, RomaniaLucian Blaga University of Sibiu, RomaniaIf 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.https://msdjournal.org/wp-content/uploads/vol14issue2-13.pdfenvironmental social and governance, sustainability, esg standards, esg indices |
spellingShingle | VASIU Diana Elena BRATU Renate AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE Management of Sustainable Development environmental social and governance, sustainability, esg standards, esg indices |
title | AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE |
title_full | AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE |
title_fullStr | AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE |
title_full_unstemmed | AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE |
title_short | AN OVERVIEW ON ENVIRONMENTAL SOCIAL AND GOVERNANCE – ESG-TOPICS FROM THE FINANCIAL MARKETS' PERSPECTIVE |
title_sort | overview on environmental social and governance esg topics from the financial markets perspective |
topic | environmental social and governance, sustainability, esg standards, esg indices |
url | https://msdjournal.org/wp-content/uploads/vol14issue2-13.pdf |
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