Environment and investment
The role of personal investment choice in creating sustainability
Bibliographic Data
| ID | 12308903 |
|---|---|
| Authors | Christopher Fayers (Monash University, corresponding author) |
| Year | 1999 |
| Volume | 7 |
| Issue | 2 |
| Pages | 64-76 |
| Publication date | 1999-05-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Development (JOURNAL) |
| Journal identifiers | ISSN: 0968-0802 • E-ISSN: 1099-1719 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/(sici)1099-1719(199905)7:2<64::aid-sd103>3.0.co;2-b |
| OpenAlex | W2019613998 |
| Language | EN |
| Citations received | 4 |
Traditionally most investors have sought only financial returns from their investments. The idea of reaping environmental benefits from investment is not widely accepted, primarily because ecology and economy have long been considered mutually exclusive by financial markets. However, as social values change growing numbers of investors are beginning to identify the potential role of investment in assisting moves towards ecologically sustainable development (ESD). With a focus on the sizeable Australian investment market, examples are drawn from overseas of recent research and environmentally screened investment funds providing evidence of a positive correlation between environmental and financial performance. The implications of the deregulation of the investment market in Australia and the importance of corporate environmental reporting (CER) and other methods of communicating environmental performance to investors, both individual and institutional1, are discussed. The paper concludes that while the trade-off between ecology and economy remains within the dominant paradigm, and despite a lack of widespread CER, changes in investment patterns are occurring. As this gathers momentum, aided by more transparent corporate environmental behaviour, both environmental and financial returns can be achieved. Copyright © 1999 John Wiley & Sons, Ltd and ERP Environment
Business · Deregulation · Economics · Financial market · Investment (military · Investment strategy · Macroeconomics · Market economy · Open-ended investment company · Return on investment · Sustainability · Sustainable development · Corporate Social Responsibility Reporting · Sustainable Building Design and Assessment · Sustainable Development and Environmental Policy · Ecology · Finance
| Citations per year | 0.19 |
|---|---|
| Citation span | 2005 - 2024 (20) |
| Highly cited | No |