Sustainability Guidance for Consumers
Sustainability Guidance for Business
Other Resources
Note: "Although it’s true that some researchers have found a relationship between ESG performance and financial returns, thus far they've merely established correlation. We don’t actually know if strong ESG performance causes better returns, or if both are a function of good management" (Parker 2021).
Here are some buzzwords/keywords to consider when researching this topic:
Berg, F., Koelbel, J. F., & Rigobon, R. (2019). Aggregate confusion: The divergence of ESG ratings. Review of Finance. https://academic.oup.com/rof/article/26/6/1315/6590670
Garcia, A. S., Mendes-Da-Silva, W., & Orsato, R. J. (2017). Sensitive industries produce better ESG performance: Evidence from emerging markets. Journal of Cleaner Production, 150, 135-147. https://doi.org/10.1016/j.jclepro.2017.02.180
Latapí Agudelo, M. A., Jóhannsdóttir, L., & Davídsdóttir, B. (2019). A literature review of the history and evolution of corporate social responsibility. International Journal of Corporate Social Responsibility, 4(1), 1-23. https://doi.org/10.1186/s40991-018-0039-y
Xie, J., Nozawa, W., Yagi, M., Fujii, H., & Managi, S. (2019). Do environmental, social, and governance activities improve corporate financial performance?. Business Strategy and the Environment, 28(2), 286-300. https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.2224
Yu, E. P. Y., Van Luu, B., & Chen, C. H. (2020). Greenwashing in environmental, social and governance disclosures. Research in International Business and Finance, 52, 101192. https://doi.org/10.1016/j.ribaf.2020.101192
Khan, M. A. (2022). ESG disclosure and Firm performance: A bibliometric and meta analysis. Research in International Business and Finance, 61, 101668. https://doi.org/10.1016/j.ribaf.2022.101668