The Global Impact of ESG: Governance, Sustainability, and Legal Challenges

ESG—environmental, social, and governance—is a widely used acronym that has evolved alongside corporate governance. While corporate governance historically focused on how companies should be managed, ESG now encompasses a broader range of issues that have come to define modern corporate responsibility. For many, ESG factors are integral to sustainability discussions, where sustainability is understood as an approach that creates long-term shareholder value by managing the risks and opportunities arising from economic, environmental, and social developments. This book explores the real-world implications of ESG initiatives on workers, consumers, and communities. It examines how decisions made in boardrooms and at global climate conferences affect everyday lives, providing a critical look at how corporate practices and policies translate into tangible outcomes for people at home and abroad.