Download This PaperIndependent Directors for a Better World
Published in 'The Hub' April 2023 -- Monthly Newsletter of IICA, https://www.independentdirectorsdatabank.in/img/newsletter/2023/642c234df2dd4.pdf
5 Pages Posted: 2 May 2023
Date Written: February 12, 2023
Abstract
The United Nations' SDGs for 2030 are closely related and complement by the Environmental, Social, and Governance (ESG) initiatives as both are aimed at promoting sustainable development and creating a better future for all.
Goal 7 (sustainable energy), Goal 9 (inclusive and sustainable industrialization), Goal 13 (combat climate change and its impacts), Goal 14 (conserve and sustainably use marine resources for sustainable development), Goal 8 (inclusive and sustainable economic growth, decent work for all), Goal 5 (gender equality) and SDG 10 (reduced inequalities) of the SDGs have direct linkage with the concept of ESG and good governance and transparency in companies can help to promote SDG 16 (peace, justice and strong institutions).
Importance of ESG in business and role of management in implementing ESG are the crucial issues that this article deals with and underlines the expectations from Independent Directors in this regard.
Keywords: ESG, SDG, MDG, Independent Director, Director, Business
JEL Classification: M10, M14, M19
Suggested Citation: Suggested Citation