<?xml version="1.0" encoding="UTF-8"?>
<article article-type="Research Article">
  <front>
    <journal-meta>
      <journal-id journal-id-type="publisher">journal-of-information-and-optimization-sciences</journal-id>
      <journal-title-group>
        <journal-title>Journal of Information and Optimization Sciences</journal-title>
      </journal-title-group>
      <issn publication-format="electronic">2169-0103</issn>
      <issn publication-format="print">0252-2667</issn>
      <publisher>
        <publisher-name>Taru Publications</publisher-name>
      </publisher>
    </journal-meta>
    <article-meta>
      <article-id pub-id-type="doi">10.47974/JIOS-1475</article-id>
      <title-group>
        <article-title>Environmental, social, governance (ESG) &amp; sustainable finance : Emergence of new era of investing</article-title>
      </title-group>
      <contrib-group>
        <contrib contrib-type="author">
          <name>
            <surname>Bhatia</surname>
            <given-names>Richa</given-names>
          </name>
          <aff>School of Social Sciences, The Bhopal, Bhopal, Madhya Pradesh, India</aff>
        </contrib>
        <contrib contrib-type="author" corresp="yes">
          <name>
            <surname>Bhasin</surname>
            <given-names>Narinder Kumar</given-names>
          </name>
          <aff>Professional Development Centre, Indian Institute of Banking and Finance, New Delhi, 110008, India</aff>
        </contrib>
        <contrib contrib-type="author">
          <name>
            <surname>Kadyan</surname>
            <given-names>Sunil</given-names>
          </name>
          <aff>School of Management and Commerce, Manav Rachna University, Faridabad, Haryana, 121004, India</aff>
        </contrib>
        <contrib contrib-type="author">
          <name>
            <surname>Singh</surname>
            <given-names>Preeti</given-names>
          </name>
          <aff>School of Media, Film and Entertainment, Sharda University, Greater Noida, Uttar Pradesh, 201310, India</aff>
        </contrib>
      </contrib-group>
      <volume>44</volume>
      <issue>8</issue>
      <fpage>1543</fpage>
      <lpage>1562</lpage>
      <pub-date date-type="pub">
        <day>13</day>
        <month>01</month>
        <year>2024</year>
      </pub-date>
      <abstract>
        <p>Since the financial crisis, investors have given greater regard to environmental, social, and governance (ESG) factors when making stock market choices. To achieve sustainable development, these elements are fundamental. This research paper aims to assess the impact of risk profile, investing decision-making, and asset familiarity on the preferences of individual stock market investors for ESG investing by using investment behaviour as a mediator. According to the paper, there is a growing trend in investments that consider environmental, social, and governance (ESG) concerns. The study’s methodology included secondary data sources as well as primary data obtained using a Google form poll, which yielded 400 legitimate responses. To examine the sample size, the programme G*Power 3.1.9.2 was used. A total of 400 responses were included into the research, with the programme determining a sample size of 262 individuals. People from all throughout India filled out the survey. To construct the structural equation model, the Smart PLS programme was used. The validity and reliability of the constructs were evaluated using Confirmatory Composite Analysis. Use of confirmatory composite analysis allowed for evaluation of the constructs’ dependability. With Cronbach’s Alpha, Composite Reliability, and Rho A values of 0.7, the validity and reliability tests utilised in this study were powerful. The study’s results provide light on how ESG factors would influence investing choices in the long run. When drafting legislation pertaining to the stock market, authorities would have the option to include investor preferences.</p>
      </abstract>
      <kwd-group>
        <kwd>ESG</kwd>
        <kwd>Risk profile</kwd>
        <kwd>Assets familiarity</kwd>
        <kwd>Investment behaviour</kwd>
      </kwd-group>
      <custom-meta-group>
        <custom-meta>
          <meta-name>access</meta-name>
          <meta-value>open</meta-value>
        </custom-meta>
        <custom-meta>
          <meta-name>retracted</meta-name>
          <meta-value>no</meta-value>
        </custom-meta>
      </custom-meta-group>
    </article-meta>
  </front>
</article>
