Stakeholder Capitalism through ESG integration
Integrating ESG Factors in Business Models
"Stakeholder Capitalism through ESG Integration" brings to light the shift from traditional shareholder-focused business models to stakeholder capitalism, emphasizing the importance of Environmental, Social, and Governance (ESG) factors. It discusses how integrating ESG principles can drive sustainable growth, enhance risk management, and foster trust among stakeholders. The article also explores challenges like short-term financial pressures, data complexities, and resistance to change. By prioritising ESG, companies can create long-term value, attract responsible investors, and positively impact society. Case studies like Patagonia illustrate successful ESG integration, showcasing the alignment of ethical practices with profitability and sustainability.