ESG (Environmental, Social and Governance) in construction civil: concept that can contribute to the sector

Abstract

In contrast, other scholars argue that ESG ratings are ineffective, believing that ESG ratings lead companies to symbolically comply with external requirements to obtain various bene its, which may not necessarily signi icantly improve their corporate sustainability behavior Garvey, et al. [10]; rather, they represent institutional setback and can mislead stakeholders Avestyan, et al. [11] and Entine, et al. [12].