Advances in Consumer Research
Issue 2 : 503-518
Original Article
Environmental, Social and Governance Risk in the Emerging Market: The Impact on ESG Performance
1
Management Development Institute Murshidabad, West Bengal
Abstract

This study offers a vital comparative analysis of Environmental, Social, and Governance (ESG) Scores and ESG Risks, utilizing data from 196 Indian firms. Employing an Ordinary Least Squares (OLS) regression model effectively uncovers the relationship between ESG scores and ESG risks among these firms. The findings compellingly illustrate the differences in ranking between ESG scores and ESG risk. The study also reveals a critical inverse correlation: as a firm’s ESG score rises, its ESG risk diminishes. This emphasizes the urgent need for organizations to prioritize ESG initiatives, as it provides a strategic roadmap for minimizing ESG risk exposure. Such insights empower firms to make informed decisions that can significantly boost their ESG scores. Furthermore, the practical implications of this research are substantial for organizations, laying a foundation for decision-making that fosters sustainability and long-term success..

Keywords
Recommended Articles
Research Article
Consumer Protection against Misleading Advertisements and Deceptive Branding: Interplay between Consumer Law and Intellectual Property Rights in India
...
Published: 21/10/2025
Research Article
Predictive Insights: Leveraging Artificial Intelligence for Strategic Business Decision-Making
...
Published: 21/10/2025
Research Article
Competition Law and Market Regulation: Managerial Challenges and Strategic Opportunities
...
Published: 21/10/2025
Research Article
Deep Learning-Based Consumer Preference Prediction System for Personalized Digital Campaigns
...
Published: 19/10/2025
Loading Image...
Volume 2, Issue 2
Citations
118 Views
114 Downloads
Share this article
© Copyright Advances in Consumer Research