ESG: disentangling the governance pillar

Monteiro, Guilherme Fowler A. and Miranda, Bruno Varella and Picanço Rodrigues, Vinicius and Saes, Maria Sylvia Macchione (2021) ESG: disentangling the governance pillar. RAUSP Management Journal, 56 (4). pp. 482-487. ISSN 2531-0488 (https://doi.org/10.1108/rausp-06-2021-0121)

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Abstract

This article is a perspective paper that provides a critical assessment of ESG's governance pillar. Specifically, we reflect on the implications of considering "governance" from a broader perspective, which combines corporate governance and the analysis of the governance mechanisms used by firms in the search for greater sustainability. We argue that such an enlarged panorama generates new discussions for the transition to more sustainable production and consumption systems. We also raise the question about the potential limitations of looking exclusively at governance efficiency as the basis for an effective discussion on ESG.

ORCID iDs

Monteiro, Guilherme Fowler A., Miranda, Bruno Varella, Picanço Rodrigues, Vinicius ORCID logoORCID: https://orcid.org/0000-0002-6647-9291 and Saes, Maria Sylvia Macchione;