Abstract:

The main objective of this article is to understand whether there is evidence to prove the relationship between the inclusion of Environmental, Social, and Governance (ESG) in the Sustainability Report and the impact on investors' choices.

In this sense, it seeks to demonstrate through the literature review that companies that publish non-financial information through ESG ratings tend to be chosen by investors and that good ESG rating results represent a relevant and decisive factor when choosing an investment.

The results shows that investors are positively influenced by the inclusion of ESG metrics in the information reported.

Although there are already studies on the role of ESG in stakeholders, more work must be carried out in this area.