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...

Full description

Bibliographic Details
Main Authors: Gao, Huiping, Tan, Seng Teck, Syriac, Nellikunnel
Format: Article
Language:English
English
Published: INTI International University 2024
Subjects:
Online Access:http://eprints.intimal.edu.my/2101/
http://eprints.intimal.edu.my/2101/1/jobss2024_27.pdf
http://eprints.intimal.edu.my/2101/2/639
_version_ 1848766920337129472
author Gao, Huiping
Tan, Seng Teck
Syriac, Nellikunnel
author_facet Gao, Huiping
Tan, Seng Teck
Syriac, Nellikunnel
author_sort Gao, Huiping
building INTI Institutional Repository
collection Online Access
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.
first_indexed 2025-11-14T11:58:48Z
format Article
id intimal-2101
institution INTI International University
institution_category Local University
language English
English
last_indexed 2025-11-14T11:58:48Z
publishDate 2024
publisher INTI International University
recordtype eprints
repository_type Digital Repository
spelling intimal-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
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
title 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_short 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
topic GF Human ecology. Anthropogeography
H Social Sciences (General)
HM Sociology
url http://eprints.intimal.edu.my/2101/
http://eprints.intimal.edu.my/2101/
http://eprints.intimal.edu.my/2101/1/jobss2024_27.pdf
http://eprints.intimal.edu.my/2101/2/639