
doi: 10.14264/b2ba0a3
In recent years sustainability has become central to business education and thinking. At the same time, there has been rapid growth in and demand for sustainable finance by governments, corporations, NGOs, investors and individuals. Concerns about corporations’ contribution to environmental and social problems has meant that “finance as usual” is being challenged. It is evident that the traditional view, increasing shareholder wealth as the sole metric upon which to make business decisions (“shareholder primacy”), is no longer appropriate for today. Sustainable Finance therefore provides a more holistic view of finance and answers the question of how business and investors can incorporate environmental and social factors into financial decision-making.
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