Building Block for Sustainable Success: Environmental, Social and Governance Through Good Governance

Authors

  • Nisha Kapur Practicing Chartered Accountant, New Delhi

DOI:

https://doi.org/10.33516/maj.v58i6.77-81p

Keywords:

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Abstract

Environmental, social, and governance (ESG) is parameters aiming at sustainability by focusing on how a business should perform their operations keeping mind the distress they cause to the community.The environmental criteria require to align the activities to the restore the environment, The social criteria aim to behave in a fashion to regulate agitation among society and maintain cordial connection with workers, consumers,and suppliers.The ‘G’ in ESG stands for governance and seeks the attention on regulating the acts by take notice of ethical practices, following rules, setup and maintain standards of moral and responsible leadership. The G parameter not only amounts to one-third of the ESG equation, but good governance also has wide influence on realizing the sustainability objective fruitfully. There is far-reaching impact of governance on the venture of the organization makes it so important gain awareness about the essence of ’G’ aspect. Read on to understand the sense significance and ways to carry off “good governance†aspect of ESG.

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Published

2023-06-01

How to Cite

Kapur, N. (2023). Building Block for Sustainable Success: Environmental, Social and Governance Through Good Governance. The Management Accountant Journal, 58(6), 77–81. https://doi.org/10.33516/maj.v58i6.77-81p

References

Defining The ‘G’ in ESG – Governance Factors at the Heart of sustainable business available at https:// www3.weforum.org/docs/WEF_Defining_the_G_in_ESG_2022.pdf

What Is Environmental, Social, and Governance (ESG) Investing?available at https://www.investopedia.com/terms/e/environmentalsocial-and-governance-esgcriteria.asp

What is the G in ESG: Governance Explained available at https://www.vationventures.com/research-article/the-g-in-esg

Examining the G in ESG: The Role, Best Practices and Metrics for Corporate Governanceavailable at https://www.sustainalytics. com/esg-research/resource/corporate-esg-blog/examining-the-g-in-esgthe-role-best-practicesand-metrics-for-corporategovernance

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