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Socially Responsible Investing in Sustainable Development

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Encyclopedia of Sustainability in Higher Education

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).

Socially responsible investing...

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Correspondence to Artie W. Ng .

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Ng, A.W. (2019). Socially Responsible Investing in Sustainable Development. In: Leal Filho, W. (eds) Encyclopedia of Sustainability in Higher Education. Springer, Cham. https://doi.org/10.1007/978-3-030-11352-0_301

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