ABSTRACT
In a globalized world, the importance of Corporate Social Responsibility (CSR) has further increased and become a significant part of sustainable development (SD). CSR enhances the benefits of firms, yet does not have a high cost. According to most financial literature, the main objective is to maximize the value of the business. In addition to this principle, firms should embrace SD, especially in developing countries. Corporate responsibility practices affect society and other related parties in the long and short run. Many financial organizations support efforts for CSR, so that socially responsible investment has started to attract investors’ attention. Green investments and investments in renewable energy are tools of these efforts. The perception of CSR is improving in areas such as education, healthcare, environment, technology use, etc. In this study we argue that the practice of CSR continues to extend to different sectors of the economy in Turkey and we examine the extent of socially responsible investment (SRI) and green investments in the energy sector in Turkey in comparison with their global extent in this sector.
