
Beyond Compliance: How ESG is Reshaping Global Business Strategy and Policy Frameworks
Integrating Environmental, Social, and Governance (ESG) factors into core business strategy is no longer optional but a critical success factor, as highlighted by recent qualitative research by Warouw et al. This article delves into how ESG drives innovation, alters consumer preferences, and reshapes cross-border regulations. Beyond compliance, we uncover the hidden economic logic: ESG is becoming a new ''license to operate,'' influencing portfolio management, financing decisions, and supply chain resilience. Emerging trends such as green finance growth, data-driven ESG metrics, and policy harmonization are examined. The article provides actionable insights for businesses, policymakers, and investors navigating this paradigm shift.

