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Exploring the Measurement of Environmental Performance in Alignment with Environmental, Social, and Governance (ESG): A Qualitative Study |
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PP: 2287-2297 |
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doi:10.18576/isl/120932
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Author(s) |
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C. Meiden,
A. Silaban,
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Abstract |
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| In recent years, there has been a growing recognition of the importance of environmental, social, and governance (ESG) factors in assessing the performance and sustainability of businesses and organizations. This qualitative study aimed to delve into the complexities and challenges involved in measuring environmental performance in alignment with ESG. The research findings highlighted the multifaceted nature of environmental issues and the need for comprehensive and standardized metrics to effectively capture and compare environmental performance across organizations. The study emphasized the importance of integrating environmental performance within the broader ESG framework, recognizing the interdependencies between environmental, social, and governance factors. Participants acknowledged that addressing environmental issues in isolation is insufficient and underscored the need for organizations to adopt a holistic approach that considers the interconnectedness of ESG dimensions. By doing so, organizations can gain a comprehensive understanding of their sustainability performance and align their environmental goals with social and governance objectives. The findings of this research provide valuable insights for organizations seeking to measure and manage their environmental performance in alignment with ESG. The complexities involved in assessing environmental impact necessitate the adoption of standardized metrics and a comprehensive understanding of the interconnectedness between environmental, social, and governance factors. By integrating environmental performance within the broader ESG framework and embracing stakeholder engagement and transparency, organizations can drive sustainable practices, enhance stakeholder trust, and contribute to a more sustainable future.
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