ESG: Implementation, Reporting, and Internal Audit's Role
DOI:
https://doi.org/10.5281/zenodo.17043137Keywords:
internal audit, ESG practices, corporate decision-making, sustainability risk, risk management framework, consumer electronics, metals and mining, automobile industry, chemical industryAbstract
This paper explores the implementation, reporting, and role of internal audit in Environmental, Social, and Governance (ESG) practices within organizations. It examines the growing importance of ESG factors in corporate decision-making, the challenges associated with their implementation, and the role of internal audit in ensuring effective ESG reporting. A survey comprising nine questions was conducted, focusing on the Consumer Electronics, Metals and Mining, Automobile, and Chemical industries. The transition of ESG factors from conceptual and investor preferences to regulatory requirements presents challenges for all stakeholders, particularly in integrating sustainability risk factors into existing Risk Management Frameworks.
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Copyright (c) 2025 Rashi Khattar, Gaytri Ramanathan, Shalini Kumar
This work is licensed under a Creative Commons Attribution 4.0 International License.
Research Articles in 'Management Journal for Advanced Research' are Open Access articles published under the Creative Commons CC BY License Creative Commons Attribution 4.0 International License http://creativecommons.org/licenses/by/4.0/. This license allows you to share – copy and redistribute the material in any medium or format. Adapt – remix, transform, and build upon the material for any purpose, even commercially.
