Preprint Review Version 1 Preserved in Portico This version is not peer-reviewed

Sustainability, Sustainable Finance, Good Governance Codes and Gender Diversity. A Literature Review.

Version 1 : Received: 21 December 2023 / Approved: 21 December 2023 / Online: 22 December 2023 (04:53:21 CET)

How to cite: Núñez-Almonte, J.M.; Grau Grau, A.J.; Bel-Oms, I. Sustainability, Sustainable Finance, Good Governance Codes and Gender Diversity. A Literature Review.. Preprints 2023, 2023121660. https://doi.org/10.20944/preprints202312.1660.v1 Núñez-Almonte, J.M.; Grau Grau, A.J.; Bel-Oms, I. Sustainability, Sustainable Finance, Good Governance Codes and Gender Diversity. A Literature Review.. Preprints 2023, 2023121660. https://doi.org/10.20944/preprints202312.1660.v1

Abstract

The growing concern about climate change and global warming has driven greater involvement of international organizations, countries, companies, and society in general in acting and ensur-ing the life of our planet and the sustainability of future generations. Sustainability and finance are two concepts that are intertwined through sustainable finance, serving as an instrument that guides financial resources towards achieving sustainable development. Sustainability allows companies to identify risks and opportunities, being responsible for measuring their social, envi-ronmental, and economic impact under a multi-stakeholder approach. One of the three main cri-teria of sustainability is corporate governance, and the main corporate governance body is the board of directors, where the composition of the board and its supervision and monitoring func-tions improve the ESG performance. A relevant aspect within the board of directors is the ade-quate balance of gender diversity on the board, becoming an aspect regulated by laws and cor-porate governance code. This article develops the main concepts related to sustainability, sus-tainable finance and corporate governance describing the current situation of these topics and their relationship, creating a conceptual framework that allows identifying topics necessary for further empirical research and the implication of regulation in the scope of ESG issues.

Keywords

sustainability; sustainable finance; corporate governance

Subject

Business, Economics and Management, Other

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