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Is Financial Capital the Lever for Sustainable Change in our Society?

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journal contribution
posted on 2025-03-12, 19:31 authored by Philip Joos
The sustainable transition faces challenges as businesses differ on approaches. While financial capital is key to driving sustainability, conditions must be met for its effectiveness. Banks use ESG-linked lending and green loans, and investors allocate funds to green projects. Private capital is growing in ESG funding. For impact, ethical awareness, reliable impact measurement, and effective regulation are essential. Collaboration among stakeholders is crucial for a sustainable and equitable future.

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Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education

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