Document Type

Editorial

Publication Date

2025

Abstract

Environmental, social and governance (ESG) principles were initially conceived as a transformative framework to promote sustainability, accountability and more ethical business practices. Over time, however, the focus of ESG has shifted and several unexpected and inadvertent consequences have begun to materialize. For small and medium-sized enterprises (SMEs), what was intended as a guiding light often became a burdensome labyrinth of bureaucratic compliance (Passerini et al., 2024). Instead of empowering these enterprises to drive innovation and develop localized solutions to social issues, current ESG frameworks and subsequent regulations often,

DOI

10.1108/NEJE-12-2025-127

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.


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