Over the past 20 years the phenomenon of socially responsible investment (SRI)
has grown considerably in popularity and there has been in particular a sharp increase in
research into its environmental, social and governance (ESG) aspects. The process of
SRI itself and research into this diverse phenomenon have become widespread particularly
in developed countries and essentially supported by international organizations,
specialized financial consulting companies, and institutional investors. The issues of
theoretical, methodological and practical aspects of SRI in the Ukrainian market have
considerable potential for research. The aim of the article is to study theoretical and
methodological aspects of SRI as well as define the current state and prospects of socially
responsible investment in Ukraine. The article covers the existing differences in the
approaches to defining socially responsible investment and social investment, describes
their features and proposes a method of classification, as well as clarifying the role of
SRI under conditions of sustainable development. The current problems and prospects of
SRI development in Ukraine are discussed.
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