Global Pathways to Sustainability ESG Practices Driving SDG Achievement

The role of the environmental governance, social governance, and corporate governance (ESG) toward achieving SDGs within the 2030 agenda is investigated using a sample of data from 167 countries for the period covering from 2000 to 2023, employing econometric techniques such as unit root tests, descriptive analysis, correlation analysis, and Granger causality tests in the study. This study found ESG are bidirectional relationship with SDGs in Asia and recommended to improve environmental protection along-with multi-sector policies to enhance the SDGs in Asia continent. In addition, social governance is strongest significant with SDGs in Africa continent. Therefore, need to focus to social reforms, consistent economic policies and strategic level development in social governance along-with economic growth. ESG are key drivers along-with economic growth to accelerate SDGs in Europe and America continents. A balanced approach and consistent policy would be helpful to promote SDGs in Europe and America continents. All these evidences are recommended to put attention toward health, education, business and protecting the environment to achieve the SDGs. This study contributes to the global conversation about sustainability by stating that ESG factors are essential for sustainable development and need to be strategically aligned to achieve the UN SDG targets.