Studies and researches
Vol. 15 Issue 2 - 12/2023
Sustainability, ESG Ratings and Corporate Performance in the Manufacturing Sector: A Research Review
The objective of this
study is to provide insight into the broad topic of sustainability, as
encompassed by ESG ratings and scores, and its influence on the performance of
companies at a global scale, with a focus on the manufacturing sector. This
study involves a thorough examination of existing literature and a detailed
bibliometric analysis, providing valuable insights about the progression of
scientific papers related to this subject matter. The bibliometric technique
refers to a quantitative examination of publications that is primarily
concerned with the utilization of information functions in relation to the
advancement of research within a specific field. The present study utilizes the
Scopus database and the VOSviewer visualization tool to show the outcomes
derived from a comprehensive analysis of pertinent literature and bibliometric
evaluation of scholarly publications pertaining to the relationship between
sustainability, ESG ratings, and business value. The work shows that although
the concept of ESG has been around for decades, businesses and institutions
have begun to take issues related to it seriously in the 2010s. Since 2009
there was an exponential increase in the number of papers published until 2023.
Read more
Keywords:
Sustainability, ESG score, corporate performance, manufacturing
JEL:
M14, F63, O16, L60
Sustainability, ESG score, corporate performance, manufacturing
JEL:
M14, F63, O16, L60