Sustainability as a Management Strategy: Integrating Environmental, Social, and Governance Practices into Business Administration
DOI:
https://doi.org/10.31181/msa31202630Keywords:
Environmental, Social, and Governance Practices, Business Administration, Strategic Management, Sustainability Advances, Sustainable Development Goals, Organizational Resilience, Corporate StrategyAbstract
The article discusses the way in which sustainability can be viewed as an integrated part of the organizational strategy by incorporating environmental, social, and governance (ESG) practices into core components of business administration. When ESG is seen as a strategic framework versus compliance, the corporation will develop corporate resilience, build stakeholder trust, and increase long-term profitability. The study addresses the theoretical aspects of ESG with respect to strategic management and describes how ESG integration affects decision-making throughout administrative, financial, and operational functions. By synthesizing current literature, the paper highlights how effective ESG adoption contributes to innovation, competitiveness, and alignment with the United Nations Sustainable Development Goals. It also discusses the barriers organizations face, such as limited standardization, high implementation costs, and cultural resistance. The findings emphasize that embedding ESG into business administration is essential for organizations seeking sustainable growth, improved governance, and long-term stakeholder value in an increasingly dynamic global market.
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