Purpose – This study aims to systematically review the role of financial management in driving corporate sustainability, emphasizing how financial planning, investment decisions, risk management, and reporting practices contribute to long-term environmental, social, and governance (ESG) performance. Design/methodology/approach A systematic literature review (SLR) method was applied by analyzing 68 peer-reviewed articles indexed in Scopus and Web of Science from 2015 to 2024. The review followed the PRISMA framework, including article identification, screening, eligibility assessment, and synthesis. Key themes were classified into financial strategies, sustainability integration, governance mechanisms, and performance measurement. Findings The results highlight that effective financial management practices, particularly sustainable investment policies, capital budgeting with ESG considerations, integrated reporting, and stakeholder-oriented risk management, significantly enhance corporate sustainability outcomes. Furthermore, financial managers play a strategic role in aligning business objectives with sustainable development goals (SDGs). The findings reveal that firms with robust financial management frameworks are more likely to achieve superior long-term financial performance while fulfilling social and environmental responsibilities. Research limitations/implications – This review is limited to studies published in English between 2015 and 2024. Future research could expand the scope by incorporating grey literature, industry reports, and case-based evidence to capture broader perspectives. Practical implications – The study provides valuable insights for policymakers, managers, and investors by demonstrating that sustainability-oriented financial management not only improves corporate reputation but also ensures resilience in volatile market conditions. Originality/value – This paper is one of the few systematic reviews that consolidates current knowledge on the nexus between financial management and corporate sustainability. It contributes to academic discourse by providing an integrative framework and identifying research gaps for future exploration.
Ruki Ambar Arum (Mon,) studied this question.