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...

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Main Authors: VASIU Diana Elena, BRATU Renate
Format: Article
Language:English
Published: Lucian Blaga University of Sibiu 2022-12-01
Series:Management of Sustainable Development
Subjects:
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.
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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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