Barriers and strategies for green investments in environmental, social and governance: a seaport companies' study

Abstract

PurposeSeaports are vital in facilitating sustainable development, and environmental, social and governance (ESG) factors significantly impact an organization’s performance. Therefore, this study aims to identify and evaluate barriers and strategies of green investments to promote ESG practices within the seaport sector.Design/methodology/approachTo fulfill this aim, a systematic literature review, interpretive structural modeling and the matrix of cross-impact multiplications were applied to classification analysis.Findings12 barriers were prioritized and categorized by experts in a focus group to optimize efforts and define the materiality of these barriers in implementing ESG strategies within seaport companies.Practical implicationsThe implications of this study provide an alternative approach for ESG management in the context of seaports that can be applied in different regions by experts' opinion assessment.Originality/valueNo prior studies assessed the barriers and strategies for green investments in ESG from the port sector perspective.