Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)

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Integrating Environmental, Social, and Governance (ESG) Factors into Social Accounting Frameworks: Implications for Sustainable Business Practices

Authors
N. V. Suresh1, *, Ananth Selvakumar2, B. Sasikala3, Gajalakshmi Sridhar4
1Vice Principal and Associate Professor, ASET College of Science and Technology, Irulapalayam, Kuthambakkam, Chennai, Tamil Nadu, 600124, India
2Head of the Department – Business Analytics, and Research Coordinator, ASET College of Science and Technology, Irulapalayam, Kuthambakkam, Chennai, Tamil Nadu, 600124, India
3Assistant professor, Department of Economics, Sir Theagaraya College, Chennai, 21, India
4Head of the Department – Logistics and Shipping, ASET College of Science and Technology, Irulapalayam, Kuthambakkam, Chennai, Tamil Nadu, 600124, India
*Corresponding author. Email: nvsureshvp@asetsafety.ac.in
Corresponding Author
N. V. Suresh
Available Online 3 June 2024.
DOI
10.2991/978-94-6463-433-4_3How to use a DOI?
Keywords
Environmental; Sustainable Growth; ESG factors; Governance; Social; Sustainable business practices
Abstract

This paper examines the circuit of Typical, Social, and Affiliation (ESG) factors into social accounting structures and its considerations for practical basic approaches. The making thought concerning the impact of corporate activities on the environment, society, and affiliation has prompted expanded pay in coordinating ESG factors into accounting practices. Through a diagram of existing synthesis, this paper takes a gander at the various systems and burdens related with organizing ESG factors into social accounting structures. Likewise, it discusses the normal benefits of such association for affiliations, including additionally made risk the board, worked on standing, and enrollment to capital. In addition, the paper consolidates the control of embellishments, including monetary allies, regulators, and customary society, in driving the party of ESG accounting practices. Finally, it closes by giving considerations for affiliations looking to really integrate ESG factors into their social accounting intends to refresh their value execution.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
3 June 2024
ISBN
978-94-6463-433-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-433-4_3How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - N. V. Suresh
AU  - Ananth Selvakumar
AU  - B. Sasikala
AU  - Gajalakshmi Sridhar
PY  - 2024
DA  - 2024/06/03
TI  - Integrating Environmental, Social, and Governance (ESG) Factors into Social Accounting Frameworks: Implications for Sustainable Business Practices
BT  - Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)
PB  - Atlantis Press
SP  - 18
EP  - 28
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-433-4_3
DO  - 10.2991/978-94-6463-433-4_3
ID  - Suresh2024
ER  -