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The current global economic development faces social and environmental challenges, such as climate change and environmental pollution, which requires firms to be more socially responsible. Due to the fast-growing corporate social responsibility (CSR) consciousness and concerns of individual...
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) -- 2. Sustainability as a game changer in corporate governance (Guido Ferrarini) -- 3. ESG and the shift on corporate … purpose (Beate Sjåfjell) -- 4. Sustainability and European financial law (Dirk Zetzsche) -- 5. The duty of societal … shareholders as well as the broader stakeholder base? How can investors allocate capital to advance sustainability? Part I provides …
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, the present paper makes the case for another path towards achieving greater sustainability in capital markets, namely … sustainability-oriented future. Indeed, I show that investor-led sustainability has many advantages compared to a more prescriptive …
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