This article asks how sustainable investing (SI) contributes to societal goals, conducting a literature review on investor impact—that is, the change investors trigger in companies' environmental and social impact. We distinguish three impact mechanisms: shareholder engagement, capital...

Objective: The objective of the article is to explore and assess whether the SFDR legal framework creates a legitimate, effective, and efficient mechanism that supports a genuinely sustainable investment and eliminates greenwashing and other trade-offs. It targets the Regulation (EU) 2019/2088...

1. Introduction: ESG and Corporate Accountability -- 2. Emergence of ESG Principles -- 3. ESG-Related Theoretical Frameworks -- 4. Public Policies -- 5. Corporate Strategy -- 6. Strategy Selection -- 7. Strategy Implementation -- 8. Approach to ESG Policy -- 9. ESG Stakeholders -- 10. ESG in...