Review:
Sustainable Finance
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Sustainable finance refers to financial services that integrate environmental, social, and governance (ESG) criteria into investment decision-making. It aims to promote long-term sustainable growth while minimizing negative impacts on society and the environment.
Key Features
- Integration of ESG criteria
- Promotion of sustainable growth
- Minimization of negative impacts on society and the environment
Pros
- Encourages responsible investment practices
- Helps address climate change and social inequality
- Aligns financial goals with broader societal goals
Cons
- Initial costs may be higher for companies implementing sustainable finance practices
- Implementation challenges in measuring and reporting on ESG criteria
- Impact on short-term financial returns