Original scientific paper
https://doi.org/10.1080/1331677X.2022.2072357
The role of environmental social and governance in achieving sustainable development goals: evidence from ASEAN countries
Muhammad Sadiq
Thanh Quang Ngo
Adamu Abdurrahman Pantamee
Khurshid Khudoykulov
Truong Thi Ngan
Luc Phan Tan
Abstract
Recently, sustainable development goals (SDGs) have become an
international requirement that needs to be achieved and requires
the focus of recent literature and regulation authorities. Thus, the
current article investigates the impact of environmental, social, and
governance (ESG) and economic growth on the SDG of ASEAN
countries. The current study has extracted secondary data from
secondary sources such as SDGs reports and world development
indicators (WDI) from 1986 to 2020. The present study has used
the Panel Autoregressive Distributed Lag (ARDL) to test the linkage
among the variables. The results highlighted that the environmental
score, social score, governance score, and economic growth
positively associated with the ASEAN countries’ SDGs. The current
article provides help to new researchers while conducting research
on achieving SDGs and guides policymakers while establishing policies
regarding achieving the SDGs through ESG
Keywords
Sustainable development goals; ASEAN countries; environmental social and governance; economic growt
Hrčak ID:
303725
URI
Publication date:
31.3.2023.
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