Integrating Sustainable Development Goals in Environmental, Social and Governance Criteria and the Sustainability Transformation of the EU Business Sector

Phoebe Koundouri (), Conrad Landis, Konstantinos Dellis and Angelos Plataniotis

No 2526, DEOS Working Papers from Athens University of Economics and Business

Abstract: The paper reviews environmental, social, and governance (ESG) Criteria and Sustainable Development Goals (SDG) within the EU policy framework. It evaluates the integration of the SDGs into existing sustainability reporting frameworks, advocating for more comprehensive and interdisciplinary approaches to embed long-term SDGs in corporate sustainability reporting. This is considered essential to accelerate the EU business sector's sustainability transformation. Moreover, this paper evaluates the effectiveness of current frameworks in influencing firm behavior, particularly in reducing pollution levels, promoting green innovation, and complying with enhanced disclosure requirements. Finally, it concludes by suggesting that, while progress has been made, there is a need for further alignment and refinement of these frameworks to ensure that they drive meaningful corporate action and policy development towards achieving the transformation to sustainability.

Keywords: ESG; Sustainable Development Goals; SDG; CSRD; Sustainability Reporting; European Green Deal (search for similar items in EconPapers)
JEL-codes: G38 M14 Q01 Q56 (search for similar items in EconPapers)
Date: 2025-03-11
References: Add references at CitEc
Citations:

Downloads: (external link)
http://wpa.deos.aueb.gr/docs/2025.ARRE.Mar.4.pdf First version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aue:wpaper:2526

Access Statistics for this paper

More papers in DEOS Working Papers from Athens University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Ekaterini Glynou ().