Research Trend in the Development of Environmental, Social, and Governance (ESG)
ESG (Environmental, Social, and Governance) is a set of standards used to measure a company's performance in environmental protection, social responsibility, and governance structure. ESG has been increasingly mentioned at both corporate and societal levels, ESG directly or indirectly influences various factors in the external environment, promoting the sustainable development of social resources. This paper explore the themes and key issues of ESG, the role and impact of ESG, and the risk and challenge analysis. Companies should formulate clear ESG strategies, establish applicable ESG performance evaluation systems, communicate with stakeholders, enhance employee awareness of ESG, and seek sustainable development solutions through innovation and collaboration. By scientifically and effectively implementing ESG, companies can achieve a win-win situation of economic and social benefits, truly achieving sustainable development.
Authors
- Wu Zhao (ORCID: https://orcid.org/0000-0002-0617-5915)
Institutions
- Wuhan College (CN)
Publication Details
- Journal
- Advances in Economics Management and Political Sciences
- Published
- 2024-11-29
- DOI
- https://doi.org/10.54254/2754-1169/2024.17815
- Citations
- 1
- Primary Topic
- Environmental Sustainability in Business
- Type
- article
- Field-Weighted Citation Impact
- 0.44