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The Research and Practice of ESG under the Belt and Road Initiative
- 1 International Business School Suzhou at XJTLU, Xi’an Jiaotong-Liverpool University, Su Zhou, 215000, China
* Author to whom correspondence should be addressed.
Abstract
The Belt and Road Initiative (BRI), proposed in 2013, has become a transformative global strategy fostering economic collaboration, infrastructure development, and connectivity across Asia, Europe, and Africa. However, as the emphasis on sustainable development grows, the integration of Environmental, Social, and Governance (ESG) practices within the BRI framework has emerged as a critical focus. This essay examines the current state of ESG implementation under the BRI, highlighting notable corporate case studies and regional variations. It identifies key challenges such as regulatory inconsistencies, cultural and social barriers, economic pressures, and a lack of expertise in participating countries. Building on these insights, the essay proposes strategies for improvement, including establishing regional ESG hubs, expanding multilateral financial support, sharing best practices, and developing global ESG monitoring systems. These measures underscore the importance of international cooperation and knowledge sharing in aligning BRI projects with global sustainability goals. The results help to learn more about how to include ESG factors in big international projects. They also give policymakers and other interested parties useful tips on how to get rid of problems and ensure long-term success.
Keywords
Belt and Road Initiative (BRI),Environmental Social Governance (ESG), sustainable development, international cooperation
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Cite this article
Shi,K. (2025). The Research and Practice of ESG under the Belt and Road Initiative. Advances in Economics, Management and Political Sciences,168,16-22.
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