Encyclopedia of Sustainability in Higher Education

2019 Edition
| Editors: Walter Leal Filho

Socially Responsible Investing in Sustainable Development

  • Artie W. NgEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-3-030-11352-0_301

Definition

Linking Socially Responsible Investing with Sustainable Development

Socially responsible investing is largely considered as investments that would enhance environmental, social, and economic sustainability. These investments into projects or legal entities typically allocate resources into the development and offering of products and services that are deemed socially responsible with a focus on long-term economic interest. Institutions engaged in socially responsible investing are meant to avoid businesses that are ethically questionable and involved in products and services that would result in unsustainability of the environment and society. Certain business activities in particular cause pollution to the environment and adversely affect human health. These activities would generate external costs or adverse impacts to the health and sustainability of the society, however, not incurred internally by these entities (Sovacool and Linnér 2016).

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.School of Professional Education and Executive Development, College of Professional and Continuing EducationThe Hong Kong Polytechnic UniversityHong KongChina

Section editors and affiliations

  • Madhavi Venkatesan
    • 1
  1. 1.Department of EconomicsNortheastern UniversityBostonUSA