Archive · 19 Jun 2025
ESG's Role in Corporate Governance and Sustainability
Some people think focusing on environmental, social, and governance (ESG) issues is just for show.
But, the planet is facing serious threats like rising temperatures.
The Industrial Revolution and companies made the world wealthier, but also created problems like inequality and pollution.
Companies need to improve how they're run, making sure they're fair and responsible.
Current rules aren't always effective.
To fix things, companies and governments need to work together to protect the environment and make sure everyone benefits.
It's time to make real changes!
ESG's focus is perceived as performative by some, while others highlight environmental risks.
The industrial revolution and joint stock companies created wealth but also inequality and resource exploitation.
Corporate governance failures stem from conflicts of interest and lack of accountability.
Current ESG compliance often prioritizes form over substance.
Collaboration between firms and governments is crucial for environmental protection and social stability.
- Who
- G.N. Bajpai and Jangoo Dalal, along with other experts and authors, discuss these issues.
- What
- ESG and its role in corporate governance and environmental sustainability is being discussed.
- When
- Current trends regarding ESG, climate change, and corporate governance are the focus.
- Where
- The discussion is relevant globally, referencing issues like climate change impacts and economic inequalities.
- Why
- To highlight the importance of moving beyond performative ESG practices and towards substantive actions to address environmental and social issues.
Shareholder Primacy
Stakeholder Primacy
Profit Distribution
Shareholder Primacy
Shareholders should receive the most benefits.
Stakeholder Primacy
Stakeholders should receive the most benefits.
- Authors
- G.N. Bajpai and Jangoo Dalal
- Key Issues
- Climate change, corporate governance, shareholder primacy
- Proposed Solution
- Collaboration between firms and governments
- Central Argument
- Focus on substance over form in ESG practices