Research on the Comprehensive Impact of ESG Indicators on Supply Chain Sustainability, Economic Growth, and Policy Making

• DOI: 10.54097/10a2tn89
• Publication Date: 2024-06-20T01:58:42Z
• Authors: Yuhan Xu; Wenxin Wei; Xiaofei Zhang; Qianying Lin; Hongjie Guo; Wenrui Gao

This article aims to study the comprehensive impact of ESG (Environmental, Social, and Governance) indicators on supply chain sustainability, economic growth, and policy making. Through comprehensive analysis of relevant research and cases, this article finds that the application of ESG indicators has positive effects on the sustainability of supply chains and also has important effects on economic growth and policy making. In terms of supply chain sustainability, the introduction of ESG indicators prompts companies to adopt more environmentally friendly, socially responsible, and transparent business practices, improving the overall sustainability of supply chains. In terms of economic growth, ESG indicators help stimulate innovation and increase corporate competitiveness, as well as promote efficient use of resources and improved economic efficiency. In terms of policy making, ESG indicators provide a reference for governments and regulatory agencies to develop relevant policies and regulations, promoting the process of sustainable development. In summary, ESG indicators have a positive comprehensive impact on supply chain sustainability, economic growth, and policy making.