From Risk to Opportunity: A Framework for Sustainable Finance
RSM Series on Positive Change, Volume 2 (2017)
74 Pages Posted: 9 Nov 2017
Date Written: September 20, 2017
From Risk to Opportunity: A Framework for Sustainable Finance presents the switch from traditional finance to sustainable finance. While financial institutions have started to avoid unsustainable companies from a risk perspective (Sustainable Finance 1.0 and 2.0), The frontrunners are now increasingly investing in sustainable companies and projects to create long-term value for the wider community (Sustainable Finance 3.0). Major obstacles to sustainable finance are short-termism and insufficient private efforts. To overcome these obstacles, the booklet develops guidelines for governing sustainable finance.
Keywords: sustainable development, environmental, social and governance risks, sustainable finance. short-termism
JEL Classification: G11, G21, H23, H41, Q01
Suggested Citation: Suggested Citation