In the article “Sustainability indices in emerging markets: Impact on responsible practices and financial market development (Journal of Sustainable Finance – Volume 2, Numbers 3 and 4, 2012) Antonio Vives and Baljit Wadhw analyze the conditions that make for effective sustainability indices in promoting capital market development and responsible practices and the impacts that corporations and investors can expect. The article includes as an example, evidence from an evaluation of the impact of the BM&FBovespa Sustainability Index in Brazil. It also provides recommendations for the design of sustainability indices in emerging markets.
To read the article, please visit the website of the Journal of Sustainable Finance and Investment.