Stock exchanges around the world are beginning to integrate Environmental Social and Governance (ESG) considerations in market infrastructure, this is in line with the increasing attention of various parties on sustainable investment. Scientific research on ESG has increased over the past two decades. However, scientific research based on a three-stage systematic literature review approach on ESG in stock investment is still limited. This study adds to the scientific literature by reviewing 63 journal papers. Articles obtained from Scopus have been screened to ensure the quality of articles. From bibliometric analysis using VosViewer; resulting in four clusters has provides future research directions on ESG in stock investment.

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Sustainable Investment: Systematic Literature Review and Bibliometric Analysis

  • Ossi Ferli,
  • Noer Azam Achsani,
  • Trias Andati,
  • Zenal Asikin

摘要

Stock exchanges around the world are beginning to integrate Environmental Social and Governance (ESG) considerations in market infrastructure, this is in line with the increasing attention of various parties on sustainable investment. Scientific research on ESG has increased over the past two decades. However, scientific research based on a three-stage systematic literature review approach on ESG in stock investment is still limited. This study adds to the scientific literature by reviewing 63 journal papers. Articles obtained from Scopus have been screened to ensure the quality of articles. From bibliometric analysis using VosViewer; resulting in four clusters has provides future research directions on ESG in stock investment.