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Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development

This study focuses on the practical application of the Environmental, Social, and Governance (ESG) framework and examines its role in promoting corporate sustainability and fulfilling social responsibilities. Through an analysis of theoretical frameworks, literature, and case studies, the paper h...

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Main Authors: Gao, Huiping, Tan, Seng Teck, Syriac, Nellikunnel
Format: Article
Language:English
English
Published: INTI International University 2024
Subjects:
GF Human ecology. Anthropogeography
H Social Sciences (General)
HM Sociology
Online Access:http://eprints.intimal.edu.my/2101/1/jobss2024_27.pdf
http://eprints.intimal.edu.my/2101/2/639
http://eprints.intimal.edu.my/2101/
http://ipublishing.intimal.edu.my/jobss.html
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record_format eprints
spelling my-inti-eprints.21012024-12-26T02:31:02Z http://eprints.intimal.edu.my/2101/ Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development Gao, Huiping Tan, Seng Teck Syriac, Nellikunnel GF Human ecology. Anthropogeography H Social Sciences (General) HM Sociology This study focuses on the practical application of the Environmental, Social, and Governance (ESG) framework and examines its role in promoting corporate sustainability and fulfilling social responsibilities. Through an analysis of theoretical frameworks, literature, and case studies, the paper highlights the major challenges ESG frameworks face in corporate operations, including stakeholder conflicts, short-term financial pressures, policy resistance, and inconsistent quantitative standards. Despite the significant achievements of ESG frameworks in enhancing brand reputation, attracting investors, and guiding sustainable development, the research also identifies issues such as "greenwashing," which undermine their overall credibility and effectiveness. The study suggests that companies must deeply integrate ESG principles with the United Nations Sustainable Development Goals (SDGs), leveraging innovation and improving transparency to transform social responsibility into competitive advantages, thereby driving the global economy's green transition and sustainable development. INTI International University 2024-12 Article PeerReviewed text en cc_by_4 http://eprints.intimal.edu.my/2101/1/jobss2024_27.pdf text en cc_by_4 http://eprints.intimal.edu.my/2101/2/639 Gao, Huiping and Tan, Seng Teck and Syriac, Nellikunnel (2024) Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development. Journal of Business and Social Sciences, 2024 (27). pp. 1-8. ISSN 2805-5187 http://ipublishing.intimal.edu.my/jobss.html
institution INTI International University
building INTI Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider INTI International University
content_source INTI Institutional Repository
url_provider http://eprints.intimal.edu.my
language English
English
topic GF Human ecology. Anthropogeography
H Social Sciences (General)
HM Sociology
spellingShingle GF Human ecology. Anthropogeography
H Social Sciences (General)
HM Sociology
Gao, Huiping
Tan, Seng Teck
Syriac, Nellikunnel
Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
description This study focuses on the practical application of the Environmental, Social, and Governance (ESG) framework and examines its role in promoting corporate sustainability and fulfilling social responsibilities. Through an analysis of theoretical frameworks, literature, and case studies, the paper highlights the major challenges ESG frameworks face in corporate operations, including stakeholder conflicts, short-term financial pressures, policy resistance, and inconsistent quantitative standards. Despite the significant achievements of ESG frameworks in enhancing brand reputation, attracting investors, and guiding sustainable development, the research also identifies issues such as "greenwashing," which undermine their overall credibility and effectiveness. The study suggests that companies must deeply integrate ESG principles with the United Nations Sustainable Development Goals (SDGs), leveraging innovation and improving transparency to transform social responsibility into competitive advantages, thereby driving the global economy's green transition and sustainable development.
format Article
author Gao, Huiping
Tan, Seng Teck
Syriac, Nellikunnel
author_facet Gao, Huiping
Tan, Seng Teck
Syriac, Nellikunnel
author_sort Gao, Huiping
title Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
title_short Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
title_full Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
title_fullStr Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
title_full_unstemmed Navigating the Complexities of ESG Integration: Challenges, Opportunities and Path to Sustainable Corporate Development
title_sort navigating the complexities of esg integration: challenges, opportunities and path to sustainable corporate development
publisher INTI International University
publishDate 2024
url http://eprints.intimal.edu.my/2101/1/jobss2024_27.pdf
http://eprints.intimal.edu.my/2101/2/639
http://eprints.intimal.edu.my/2101/
http://ipublishing.intimal.edu.my/jobss.html
_version_ 1819915649015611392
score 13.223943

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