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2. ESG

  • 2025
  • OriginalPaper
  • Chapter
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Abstract

The chapter delves into the evolution of Environmental, Social, and Governance (ESG) principles, tracing their roots from Corporate Social Responsibility (CSR) and Corporate Governance (CG). It highlights the regulatory frameworks that are shaping sustainable corporate finance, including the EU's Non-Financial Reporting Directive (NFRD) and the upcoming Corporate Sustainability Reporting Directive (CSRD). The text explores the challenges and opportunities presented by ESG reporting standards, such as the European Sustainability Reporting Standards (ESRS), and their impact on corporate transparency and accountability. It also discusses the role of ESG ratings and the importance of stakeholder engagement in driving sustainable corporate practices. The chapter concludes by examining the potential benefits and drawbacks of mandatory ESG reporting, providing a comprehensive overview of how ESG is transforming the corporate landscape.

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Title
ESG
Author
Anna Gappmaier
Copyright Year
2025
DOI
https://doi.org/10.1007/978-3-658-49090-4_2
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