Transforming business models with ESG integration: A strategic framework for financial professionals

Omowonuola Ireoluwapo Kehinde Olanrewaju 1, *, Gideon Oluseyi Daramola 2 and Olusile Akinyele Babayeju 3

1 Independent Researcher, Fort Worth, Dallas, USA.
2 Independent Researcher, Lagos, Nigeria.
3 Nigeria LNG Limited, Nigeria.
Review Article
World Journal of Advanced Research and Reviews, 2024, 22(03), 554–563
Article DOI: 10.30574/wjarr.2024.22.3.1757
Publication history: 
Received on 01 May 2024; revised on 08 June 2024; accepted on 10 June 2024
This paper presents a strategic framework for financial professionals aiming to integrate Environmental, Social, and Governance (ESG) factors into business models effectively. As global awareness of sustainability issues grows, businesses face increasing pressure to adopt practices that align with ESG principles. The framework outlined here offers a structured approach to navigate this complex landscape, leveraging ESG integration to drive financial performance, manage risks, enhance reputation, and foster stakeholder engagement. Through a systematic assessment of material ESG issues, alignment with business strategy, robust measurement and reporting mechanisms, proactive engagement, and a commitment to continuous improvement, financial professionals can position their organizations for long-term success in a rapidly evolving market environment.
ESG Integration; Business Models; Sustainability; Financial Professionals; Strategic Framework.
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