Corporate Governance and ESG: Trends and Practices

Authors

DOI:

https://doi.org/10.24883/eagleSustainable.v14i.465

Keywords:

Corporate Governance (CG), Environmental, Social, and Governance (ESG), Sustainability Indicators, Systematic Literature Review, Board Diversity

Abstract

Purpose: This study aims to explore the integration between Corporate Governance (CG) and Environmental, Social, and Governance (ESG) practices, seeking to understand their impact on ESG indicators and corporate sustainability. It intends to highlight the relevance of CG practices aligned with ESG criteria.

Methodology/approach: A systematic literature review of high-impact articles published between 2018 and 2023 was adopted, focusing on relevant CG attributes and ESG indicators.

Originality/Relevance: It was identified that CG practices aligned with ESG improve sustainability indicators, highlighting the importance of gender diversity on the board and sustainability committees. 

Key findings: The study theoretically contributes to the CG and ESG literature, offering practical insights for implementing sustainable practices and suggesting a path to sustainability leadership.

Theoretical/methodological contributions: It contributes to the theory of management and accounting, highlighting the integration between CG and ESG as essential for corporate sustainability.

 

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Author Biographies

Fabio Shibao, Universidade de Guarulhos (UNG), São Paulo

Professor and Researcher in the Master's Program in Geoenvironmental Analysis (PPG-MAG) at Universus Veritas University / Guarulhos University (UNG). Holds a Ph.D. in Business Administration from Mackenzie Presbyterian University (2011) and an M.S. in Accounting Sciences from FECAP (2008). Specialized in Quantitative Methods and Informatics from CEAG/FGV (1986) and holds a Bachelor’s in Business Administration with a Systems Analysis focus from Faculdades Associadas de São Paulo (1983). Experienced in business management, administration, commercial operations, controllership, logistics, distribution, waste management, IT, and teaching within national and multinational companies. Engaged in sustainability and technological innovation projects, including Municipal Atlantic Forest Conservation and Recovery Plans (PMMA) and smart urban mobility projects. Research interests include circular economy, green supply chain management, environmental management, logistics, reverse logistics, Sustainable Development Goals, ESG, and integrated urban mobility management.

Flavia Cristina da Silva, Universidade de Guarulhos (UNG), São Paulo

PhD in Business Administration from Universidade Presbiteriana Mackenzie, Master's degree in Administration, Environmental Management, and Sustainability from Universidade Nove de Julho (UNINOVE/SP), Bachelor's degree in Biological Sciences from Universidade Nove de Julho, and a Technologist degree in Environmental Management from Universidade Anhanguera. Dedicated to teaching and research in the areas of Supply Chain Management, Logistics, Green Supply Chain Management, Environmental Management, ESG, Solid Waste Management, and Circular Economy.

Márcio Magera Conceição, Universidade de Guarulhos (UNG), São Paulo

PhD in Social Sciences from Pontifícia Universidade Católica de São Paulo and PhD in Administration from Florida Christian University (FCU), with the diploma recognized by Universidade da Amazônia (UNAMA). Currently, he is a professor at Universidade Paulista (UNIP), Vice-Rector for Research and Extension, and a professor in the stricto sensu graduate program at Universidade de Guarulhos. He has experience in higher education management, both lato and stricto sensu programs. His expertise includes Urban and Regional Planning, with an emphasis on Urban and Regional Analysis and Evaluation Techniques.

Mauricio Gayubas, Escola Superior de Propaganda e Marketing (ESPM), São Paulo

PhD candidate in Administration with a focus on Innovation and International Strategy at the Escola Superior de Propaganda e Marketing (ESPM). Over 33 years of experience in Commercial Management and Technical Training, leading sales teams in multinational companies and working with clients across South America, Central America, and the Caribbean. Professor in the exact sciences field, specializing in Electrical and Electronic Engineering, as well as in Commercial Management for lato sensu postgraduate programs. Also teaches Marketing and Finance, and lectures in postgraduate programs on Electric and Hybrid Vehicles.

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Published

2024-10-25

How to Cite

Shibao, F., Cristina da Silva, F., Conceição, M. M., & Gayubas, M. (2024). Corporate Governance and ESG: Trends and Practices. Journal of Sustainable Competitive Intelligence, 14, e0465. https://doi.org/10.24883/eagleSustainable.v14i.465

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Vol. 14 (2024): January - December

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