Sustainable Development and its Practical Implications: A Literature Review
- DOI
- 10.2991/978-94-6463-874-5_34How to use a DOI?
- Keywords
- Sustainable Development; Sustainable Investing; Environmental Policy; ESG Disclosure
- Abstract
This paper undertakes a comprehensive review of the theoretical models and empirical evidence related to sustainable development, with a particular emphasis on sustainable investing and environmental policies. In recent years, a burgeoning body of research has emerged, demonstrating that sustainable investors typically prefer to hold portfolio firms with reduced emissions, reflecting their commitment to environmental stewardship. However, the evidence regarding whether sustainable investors actively engage with their portfolio companies in ways that lead to significant improvements in ESG performance is inconclusive. Some studies suggest proactive involvement, while others find limited impact. On the policy front, previous research has delved into the effectiveness of environmental regulations in driving sustainable practices, along with the potential costs they impose on businesses and economies. Additionally, the role of ESG disclosure standards in promoting transparency and accountability has been thoroughly explored. Overall, sustainable investing and environmental regulations can act as complementary forces, jointly propelling the agenda of sustainable development forward. Nevertheless, numerous challenges persist, including ensuring the efficacy of these initiatives and minimizing unintended negative consequences that could hinder progress.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Honglin Yuan PY - 2025 DA - 2025/11/03 TI - Sustainable Development and its Practical Implications: A Literature Review BT - Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025) PB - Atlantis Press SP - 271 EP - 276 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-874-5_34 DO - 10.2991/978-94-6463-874-5_34 ID - Yuan2025 ER -