The Role of Impact Investment Through a Responsible Investment Approach an Achieve Sustainable Investment

Abstract

To achieve environmental justice, collective awareness must be fully affirmed and acknowledged. If environmental issues are ignored, this can trigger a multidimensional crisis such as a decrease in environmental quality and an increase in socio-economic inequality. Article 33 paragraph (4) of the 1945 Constitution of the Republic of Indonesia clearly shows the need for environmental protection and the principle of sustainability in managing the national economy. One form of environmental protection and management to support economic development is through Impact Investment with a Responsible Investing approach that takes into account the principles of ESG (Environment, Social and Governance) which supports sustainable investment (Sustainable Investment). Where in this study uses empirical research methods, which are interpreted as sociological legal research or legal research that examines real law and facts in accordance with social phenomena that are faced/arising in the surrounding community, especially the consequences arising from sustainable investment. Therefore, it is important to ensure fairness and legal certainty in green investment because an ideal legal construction will encourage people to switch to responsible and sustainable long-term investment.