ABSTRACT

This chapter reviews the recent history of the corporate responsibility and sustainable investing movements and analyzes the systemic forces driving them. It makes the case that the convergence between corporate sustainability and sustainable investing offers unprecedented opportunities to renew markets from within, thereby delivering better outcomes for societies and the planet. However, as the pace of political, technological, and environmental change is accelerating, corporations and investors need to move from incremental changes to more radial transformations to be able to navigate the rapidly changing environment. We outline some important pillars of such market transformation and discuss its enablers and constraints.