Published March 9, 2025 | Version v1
Journal article Open

How Sustainable Investments Are Changing the Future of the Service Industry

  • 1. Lecturer of the Samarkand Institute of Economics and Service
  • 2. Student of the Samarkand Institute of Economics and Service

Description

The service industry, representing a significant part of the global economy, is undergoing transformative changes driven by the rising importance of sustainability. Sustainable investments, which focus on creating long-term value by considering environmental, social, and governance (ESG) factors, are shaping the future of various service sectors, including hospitality, healthcare, finance, and more. This article explores how sustainable investments are influencing the service industry, the key trends and innovations driving these changes, and the benefits of adopting sustainable practices for businesses and consumers alike. Additionally, it examines the challenges and opportunities that come with integrating sustainability into the service sector.

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References

  • 1. Friede, G., Busch, T., & Bassen, A. (2015). ESG and financial performance: Aggregated evidence from more than 2000 empirical studies. Journal of Sustainable Finance & Investment, 5(4), 210-233.
  • 2. Jones, P., Hillier, D., & Comfort, D. (2016). Sustainable development in the hospitality industry: A critical review. Journal of Hospitality and Tourism Management, 27, 42-50.