ESG Indices, Sustainable Practices and Strategic Competitiveness within the Modern Business Landscape

Abstract

This paper undertakes the arduous task of examining the accuracy and relevance of a statement
lacking clear benchmarks. The assertion posits that Environmental, Social and Governance
(ESG) indices is indispensable not just for assessing a company’s sustainability efforts, but also
enhancing its competitive edge. Through analysis of existing literature, frameworks, and
empirical evidence, this article elucidates the nuances inherent in the link between ESG indices,
sustainable practices, and strategic competitiveness within the modern business landscape. To
accomplish this, the paper adopts a structured approach, dissecting the statement into its
constituent components to discern the key points concerning ESG. It intends to challenge the
notion of ESG as an indispensable tool in measuring sustainability, while also evaluating
relevant initiatives and potential impacts. Furthermore, the article explores the extent to which
indices truly function as significant tools, addressing societal and environmental issues while
offering pathways for corporate success beyond conventional business performance metrics.