ESG-Related Theoretical Frameworks

To develop optimal environmental, social and governance (ESG) solutions, companies should set clear strategic goals based on a holistic approach and deploy robust monitoring and reporting systems. In real-world practice, the notions of sustainability, corporate social responsibility (CSR) and Sustainable Development Goals (SDGs) have proven to be effective instruments to enhance shared values and prioritize stakeholder engagements. The following sections will provide an overview of the above key concepts that are closely related to the ESG principles and shed light on how they can be implemented in a holistic ESG strategy framework.