{"title":"Responsible financing and investment: identification, development, and assessment of Environmental, Social, and Governance (ESG) metrics","authors":"Haroon R. Mian, Kasun Hewage, Rehan Sadiq","doi":"10.1016/j.sftr.2024.100246","DOIUrl":null,"url":null,"abstract":"<div><p>Globally, the Environmental, Social, and Governance (ESG) movement is gaining significant attention. The existing frameworks need to be more standardized and applicable to socio-economic dynamics. A three-phased approach was developed comprised of a comprehensive review and a research survey involving 62 experts. The results showed that the environmental component is ≈5–14 % more important than the social and governance components. The design, operational life, and material sourcing are relatively more important (i.e., ≈14–20 %) than the project type. Risks related to water and air pollution are ≈34–38 % more important than solid wastes. This research offers insights into ESG criteria and metrics.</p></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":"8 ","pages":"Article 100246"},"PeriodicalIF":3.3000,"publicationDate":"2024-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666188824000960/pdfft?md5=f1432a3d67dde2891d792610dbfcf63d&pid=1-s2.0-S2666188824000960-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Futures","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2666188824000960","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
Globally, the Environmental, Social, and Governance (ESG) movement is gaining significant attention. The existing frameworks need to be more standardized and applicable to socio-economic dynamics. A three-phased approach was developed comprised of a comprehensive review and a research survey involving 62 experts. The results showed that the environmental component is ≈5–14 % more important than the social and governance components. The design, operational life, and material sourcing are relatively more important (i.e., ≈14–20 %) than the project type. Risks related to water and air pollution are ≈34–38 % more important than solid wastes. This research offers insights into ESG criteria and metrics.
期刊介绍:
Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.