Skip to main content

Value-Based Investments in Sustainability

  • Living reference work entry
  • First Online:
Encyclopedia of Sustainability in Higher Education
  • 88 Accesses

Synonyms

Ethical investing; Ethics based investing; Impact investing; Mission Driven Investing; Social impact investment; Social investing; Socially responsible investment; Sustainable investing

Definition

The term value-based investments focuses on incorporating environmental sustainability-based ethical principles and moral beliefs into the investment directives, approaches, and goals of investors and companies.

Introduction

Value-based investmentshave become a major topic of discussion in the twenty-first century with more attention and greater amounts of capital chasing this category each year. Value-based investments in sustainability tend to encompass the same strategic goals as impact investing and environmental social, and governance (ESG), as well as, socially responsible investing (SRI). In more recent years, specialized investment products, sustainable corporate goals, prominent university research, and investor activism have spurred a rapid development of the lens through...

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

References

  • Berliner P, Spruill V (2013) The many forms of impact investing. Community foundation field guide to impact investing. Mission Investors Exchange, Washington

    Google Scholar 

  • Brown HS, De Jong M, Lessidrenska T (2009) The rise of the global reporting initiative: a case of institutional entrepreneurship. Environ Polit 18(2):182–200

    Article  Google Scholar 

  • Bugg-Levine A (2011) Impact investing: transforming how we make money while making a difference, 1st edn. Wiley, San Francisco

    Google Scholar 

  • Bugg-Levine A, Emerson J (2011) Impact investing: trans-forming how we make money while making a difference. Jossey-Bass, San Francisco

    Google Scholar 

  • Coleman JS (1988) Social capital in the creation of human capital. Am J Sociol 94:S95–S120

    Article  Google Scholar 

  • Firzli M, Nicolas J (2017) G20 nations shifting the trillions: impact investing, green infrastructure and inclusive growth (PDF). Revue Analyse Financière, Paris

    Google Scholar 

  • Global Reporting Initiative (2015) Sustainability reporting guidelines: exposure draft for public comment and pilot-testing. In: Sustainable measures: evaluation and reporting of environmental and social performance, vol 440, no 474. Greenleaf Publishing in association with GSE Research, 1999, pp 440–474

    Google Scholar 

  • Gray RH (2001) Thirty years of social accounting, reporting and auditing: what (if anything) have we learnt? Bus Ethics: Eur Rev 10(1):9–15

    Article  Google Scholar 

  • Gray H (2015) New directions in the investment and control of pension funds. Investor Responsibility Research Center, Washington, DC, pp 36–37

    Google Scholar 

  • Harji K, Jackson ET (2012) Accelerating impact: achievements, challenges and what’s next in building the impact investing industry. The Rockefeller Foundation, New York

    Google Scholar 

  • Höchstädter A, Scheck B (2015) What’s in a name: an analysis of impact investing understandings by academics and practitioners. J Bus Ethics 132(2):449–475

    Article  Google Scholar 

  • Holland J (1998) Influence and intervention by financial institutions in their investee companies. Corp Gov 6:249–264

    Article  Google Scholar 

  • Huber B (2017) ESG reports and ratings: what they are, why they matter. Harvard Law School. Davis Polk & Wardwell LLP

    Google Scholar 

  • IRRC Institute (April 2017) First-ever typology helps investors navigate varied approaches to ESG integration. John L. Weinberg Center for Corporate Governance

    Google Scholar 

  • Key (2015) What is values-based investing?|Key Private Bank. Key.com, www.key.com/kpb/our-insights/resources/values-based-investing.jsp

  • Lemke and Lins (2014) ERISA for money managers §§2:122–2:124. Thomson West, Eagan, MN

    Google Scholar 

  • O’Donohoe N, Leijonhufvud C, Saltuk Y, Bugg-Levine A, Brandenburg M (2010) Impact investments: an emerging asset class. J.P. Morgan, New York

    Google Scholar 

  • Pedersen ERG (2015) Corporate social responsibility. Sage, London, p 107

    Google Scholar 

  • Shah S, Ramamoorthy VE (2013) Soulful corporations: a values-based perspective on corporate social responsibility. Springer, New York

    Google Scholar 

  • Solsbach A et al (2014) Inter-organizational sustainability reporting–a harmonized XRBL approach based on GRI G4 XBRL and further guidelines. Carl von Ossietzky Universität Oldenburg, Germany

    Google Scholar 

  • Sullivan P (2010) With impact investing, a focus on more than returns

    Google Scholar 

  • United Nations (2002) Environmental management accounting procedures and principles

    Google Scholar 

  • United States, Congress, United States, Government (2016) 2016 report on US sustainable, responsible and impact investing trends. United States Government, pp 1–850

    Google Scholar 

  • Wine E (2009) SRI plows the path to profitability. On Wall Street

    Google Scholar 

  • Youseff S, Whyte D (2013) Ethical investment: what it is and how it works (or doesn’t). Corpor Watch 11:10–14

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Michael Shen .

Editor information

Editors and Affiliations

Section Editor information

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Shen, M., Venkatesan, M. (2019). Value-Based Investments in Sustainability. In: Leal Filho, W. (eds) Encyclopedia of Sustainability in Higher Education. Springer, Cham. https://doi.org/10.1007/978-3-319-63951-2_305-1

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-63951-2_305-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-63951-2

  • Online ISBN: 978-3-319-63951-2

  • eBook Packages: Springer Reference EducationReference Module Humanities and Social SciencesReference Module Education

Publish with us

Policies and ethics