The ESG Shift: Role of ESG in Modern Business Strategies
This paper undertakes the arduous task of examining the accuracy and relevance of a statement lacking clear benchmarks. The assertion posits that Environmental, Social and Governance (ESG) indices is indispensable not just for assessing a company’s sustainability efforts, but also enhancing its c...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
INTI International University
2024
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| Subjects: | |
| Online Access: | http://eprints.intimal.edu.my/2087/2/626 http://eprints.intimal.edu.my/2087/3/jobss2024_23.pdf http://eprints.intimal.edu.my/2087/ http://ipublishing.intimal.edu.my/jobss.html |
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| Summary: | This paper undertakes the arduous task of examining the accuracy and relevance of a statement
lacking clear benchmarks. The assertion posits that Environmental, Social and Governance (ESG)
indices is indispensable not just for assessing a company’s sustainability efforts, but also
enhancing its competitive edge. Through analysis of existing literature, frameworks, and empirical
evidence, this article elucidates the nuances inherent in the link between ESG indices, sustainable
practices, and strategic competitiveness within the modern business landscape. To accomplish this,
the paper adopts a structured approach, dissecting the statement into its constituent components to
discern the key points concerning ESG. It intends to challenge the notion of ESG as an
indispensable tool in measuring sustainability, while also evaluating relevant initiatives and
potential impacts. Furthermore, the article explores the extent to which indices truly function as
significant tools, addressing societal and environmental issues while offering pathways for
corporate success beyond conventional business performance metrics. This paper will further deconstruct
the statement above with the analysis of existing literature and frameworks that are
evident that ESG has reached its peak and will continue towards a downward slope of decline in
measuring a corporates responsibility towards society. |
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