S + ESG as a New Dimension of Resilience: Security at the Core of Sustainable Business Development

Ganna Kharlamova, Denys Shchur and Oleksandra Humenna ()
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Ganna Kharlamova: Faculty of Economics, Taras Shevchenko National University of Kyiv, 01601 Kyiv, Ukraine
Denys Shchur: ACCA in Ukraine, The Baltic States, and Northern Europe, 01004 Kyiv, Ukraine
Oleksandra Humenna: Kyiv National Economic University Named After Vadym Hetman, 03057 Kyiv, Ukraine

Sustainability, 2025, vol. 17, issue 18, 1-20

Abstract: This study introduces the SESG (Security, Environmental, Social, Governance) framework as a necessary evolution of traditional ESG, aimed at enhancing societal and corporate resilience in the face of hybrid threats, war, and climate crises. By integrating a security dimension, SESG responds to the growing inadequacy of classical ESG models in high-risk environments, particularly for countries like Ukraine. The research combines theoretical analysis with empirical data, including a nationwide survey of Ukrainian professionals across business, government, and civil society sectors. The findings reveal overwhelming support—over 90%—for incorporating security into ESG, especially in sectors such as IT, energy, and logistics. The article proposes a matrix of qualitative and quantitative indicators to assess SESG performance and highlights business-led contributions to national defense. The results demonstrate that security is not just a governmental concern but a key factor in corporate responsibility, investor trust, and sustainable development. The study concludes that SESG offers both a scientific reframing of resilience and a practical tool for policy and strategy, particularly under conditions of geopolitical and environmental instability. It urges cross-sector collaboration, standardization, and awareness building to embed SESG as a core principle in global sustainability agendas.

Keywords: SESG model; ESG transformation; security and sustainability; hybrid threats; resilient development; risk governance; business and defense integration (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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