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ESG's Global Dissemination and Impact: A Cross-Cultural Perspective
- 1 Economics School, Huazhong University of Science and Technology, Wuhan 430071
* Author to whom correspondence should be addressed.
Abstract
This study explores the global dissemination and impact of ESG (Environmental, Social, and Governance) from a cross-cultural perspective. By comparing practices and feedback across different cultural backgrounds, the study reveals the similarities and differences in ESG concepts among various countries and regions. It finds that cultural factors significantly influence the implementation and acceptance of ESG, with diverse attitudes and behaviors towards ESG across cultures. The dissemination of ESG is constrained by cultural differences, leading to varying degrees of emphasis and methods in ESG practices, which in turn produce different impacts and outcomes. This research delves into the mechanisms and pathways of ESG dissemination in a cross-cultural context, providing crucial references for multinational enterprises in formulating ESG strategies and policies. By analyzing and comparing ESG practices and effects across different cultural backgrounds, the study offers new insights and methods for promoting the global dissemination and implementation of ESG principles.
Keywords
ESG, Global Dissemination, Cross-Cultural Perspective, Sustainable Development
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Cite this article
Ren,J. (2024). ESG's Global Dissemination and Impact: A Cross-Cultural Perspective. Advances in Economics, Management and Political Sciences,120,148-152.
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Volume title: Proceedings of the 8th International Conference on Economic Management and Green Development
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