The Development of an ESG Strategy

Klaus Rainer Kirchhoff (), Sönke Niefünd () and Julian von Pressentin ()
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Klaus Rainer Kirchhoff: Kirchhoff Consult AG
Sönke Niefünd: Merck Finck a Quintet Private Bank

Chapter Chapter 6 in ESG: Sustainability as a Strategic Success Factor, 2024, pp 59-74 from Springer

Abstract: Abstract Chapter 6 deals with the management of an ESG strategy and emphasizes the importance of an effective ESG management system. It discusses the specific requirements for small capital companies, listed companies, and family businesses. It stresses the need for executive support, the integration of ESG considerations into core business processes, and the establishment of robust data collection systems. In addition, the chapter examines the role of values, long-term orientation, community commitment, governance, succession planning, and external support in family businesses in implementing an ESG strategy. It concludes with general guidelines for organizing an ESG management system.

Keywords: ESG Strategy; ESG Management; ESG Management System; Small Capital Companies; Listed Companies; Family Businesses; Management; Integration; Core Business Processes; Data Collection Systems; Evaluation; Governance; Succession Planning; External Support; Values; Long-term Orientation; Community Commitment (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-45831-7_6

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DOI: 10.1007/978-3-658-45831-7_6

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