ESG investing is politicized due to its vague definition and evolving focus from screening “sin stocks” to assessing material risks. Challenges include inconsistent standards, data reliability, and political divisions. Standardization efforts like ISSB aim to improve transparency, but ESG’s future remains complex. Europe integrates ESG into operations, while in the U.S., it’s a politicized high-level issue. Research areas include financial impact, externalities, and transition funds, with a need to depoliticize and adopt practical solutions.
History
Language
English
Format
.pdf and online resource
Rights Statement
Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education
Publisher
Center for Accounting Research and Education, University of Notre Dame