SUSTAINABILITY GOVERNANCE

Sustainability governance is a contemporary imperative for responsible corporate management, encompassing the integration of environmental, social, and governance (ESG) considerations into strategic decision-making. It involves the establishment of policies and structures within organizations, overseen by boards of directors, to address issues such as climate change, diversity, ethical supply chain management, and other factors contributing to sustainable business practices. Companies often appoint sustainability committees or executives to drive initiatives, set measurable targets, and engage stakeholders transparently. Beyond compliance, effective sustainability governance enhances risk management and resilience, ensuring companies not only thrive financially but also contribute positively to societal and environmental well-being, reflecting a commitment to long-term value creation (Bush et al., 2015).