Effect of Environmental, Social, Governance and Digitalization (ESGD) Practices on Organisational Performance: A Systematic Review

Abstract

In this era when organisations are obligated to balance profit-making objective with concern for consumers, and environment, it is necessary to examine how “ESGD” practices affect organizational performance. The relationship between ESG, digitalization and performance has gathered considerable attention in recent studies. However, there is no consensus on the effect of this relationship in fostering organizational performance. This review offers a perspective on the current state of knowledge, identifies the gaps and emerging trends that warrant further investigation, conceptual clarifications, review of related studies in different continents, ESG regulatory frameworks across Europe, Asia and Africa, methodology, results, and conclusion.