SUSTAINABLE DEVELOPMENT AND ESG FACTORS IN CORPORATE GOVERNANCE
Keywords:
Keywords: sustainable development, ESG factors, corporate governance, sustainability, ethical business practices, risk management, stakeholder engagement, environmental impact, social responsibility, governance structures, long-term value creation.Abstract
Abstract: This article explores the role of sustainable development and Environmental, Social, and Governance (ESG) factors in shaping contemporary corporate governance. As global challenges such as climate change, social inequality, and corporate accountability increase in significance, companies are being pressed to integrate sustainability into their business models. The paper analyzes the importance of ESG factors in guiding corporate strategies and decision-making processes that promote long-term value creation, risk management, and ethical business practices. It reviews current trends, regulations, and case studies of organizations that have successfully embedded ESG principles into their governance structures. The article concludes with discussions on the challenges and opportunities faced by businesses transitioning toward sustainability-driven governance, highlighting the need for robust policies, transparency, and stakeholder engagement to achieve sustainable growth.
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