Responsible Investment Within the Framework of Sustainable Development: A Comparative Constitutional Law Perspective
DOI:
https://doi.org/10.31078/consrev1117Keywords:
Comparative Constitutional Law, International Investment Law, Responsible Investment, Social Responsibility, Sustainable Development, Sustainable Development GoalsAbstract
Over the past few decades, sustainable development (SD) has rapidly spread into domestic legal systems after establishing itself as a norm under international law. It incorporates environmental, economic, social, and governance dimensions. This concept has evolved into a constitutional value that integrates environmental, human rights, and economic dimensions, closely aligned with responsible investing and investment law principles. This resulted in responsible investing, in which the investor should incorporate environmental, social, and governance factors and public values in company and asset management decisions. SD requires a balance between economic growth and ecological protection to ensure that future generations possess both resources and rights to economic development. Investment projects should adhere to principles and obligations that promote balance and integration for sustainable growth. Investment projects should contribute to developing a work environment capable of accommodating significant economic, social, and environmental changes, in addition to their profitability and financial status. The study explores sustainable development as a constitutional value and an international standard, emphasising responsible investment under international and constitutional norms that balance the investor’s right to profit with the host nation’s right to economic advancement. The study examines how law might be used as a regulatory framework in this context. Investors are dedicated to integrating human rights, environmental conservation, social advancement, and effective governance into investment decision-making. Nonetheless, the primary focus remains the comparative constitutional legal viewpoint on responsible investment within sustainable development.
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