Affiliation:
1. Department of Commerce and Management Studies, University of Calicut, India
Abstract
This chapter explores the symbiotic relationship between ESG practices and SDGs, emphasizing the increasing trend of companies aligning their ESG performance with UN SDGs. This integration ensures that corporate practices positively impact ESG factors, addressing global challenges outlined by the United Nations. The study investigates the interrelation between SDGs and ESG factors to classify SDGs based on ESG considerations. By shedding light on the underlying dynamics shaping sustainable development initiatives, the study aims to offer valuable insights for practical ESG-based approaches to specific SDGs. The study engages a mixed-methods approach with knowledgeable participants, utilizing narrative, thematic analysis, and quantitative ranking through a structured questionnaire. At a practical level, the chapter extends its impact by offering applications for organizational strategy, ESG integration, policy implications, and stakeholder engagement.