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: Aminath Iba, Naseer, Syriac, Nellikunnel
Format: Article
Language:English
English
Published: INTI International University 2024
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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spelling my-inti-eprints.20872024-12-10T09:35:55Z http://eprints.intimal.edu.my/2087/ The ESG Shift: Role of ESG in Modern Business Strategies Aminath Iba, Naseer Syriac, Nellikunnel H Social Sciences (General) HD28 Management. Industrial Management HF Commerce 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. INTI International University 2024-12 Article PeerReviewed text en cc_by_4 http://eprints.intimal.edu.my/2087/2/626 text en cc_by_4 http://eprints.intimal.edu.my/2087/3/jobss2024_23.pdf Aminath Iba, Naseer and Syriac, Nellikunnel (2024) The ESG Shift: Role of ESG in Modern Business Strategies. Journal of Business and Social Sciences, 2024 (23). pp. 1-10. 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 H Social Sciences (General)
HD28 Management. Industrial Management
HF Commerce
spellingShingle H Social Sciences (General)
HD28 Management. Industrial Management
HF Commerce
Aminath Iba, Naseer
Syriac, Nellikunnel
The ESG Shift: Role of ESG in Modern Business Strategies
description 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.
format Article
author Aminath Iba, Naseer
Syriac, Nellikunnel
author_facet Aminath Iba, Naseer
Syriac, Nellikunnel
author_sort Aminath Iba, Naseer
title The ESG Shift: Role of ESG in Modern Business Strategies
title_short The ESG Shift: Role of ESG in Modern Business Strategies
title_full The ESG Shift: Role of ESG in Modern Business Strategies
title_fullStr The ESG Shift: Role of ESG in Modern Business Strategies
title_full_unstemmed The ESG Shift: Role of ESG in Modern Business Strategies
title_sort esg shift: role of esg in modern business strategies
publisher INTI International University
publishDate 2024
url 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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score 13.222552