Long-Term Impacts of ESG Factors Regarding Sustainability Standards in the German Clothing Market

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F25%3A43927044" target="_blank" >RIV/62156489:43110/25:43927044 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.1007/978-3-031-76654-1_22" target="_blank" >https://doi.org/10.1007/978-3-031-76654-1_22</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-031-76654-1_22" target="_blank" >10.1007/978-3-031-76654-1_22</a>

Result language

angličtina

Original language name

Long-Term Impacts of ESG Factors Regarding Sustainability Standards in the German Clothing Market

Original language description

This scientific paper examines the long-term effects of environmental, social, and governance (ESG) factors on sustainability standards in the German clothing market. With the increasing global focus on sustainability, ESG criteria have become crucial benchmarks for assessing corporate responsibility and ethical performance. This study examines how German clothing companies integrate ESG factors into their operations and the impact this has on their long-term sustainability practices and market performance. By analyzing data, industry reports, and sustainability indices, this study identifies key trends and challenges in the implementation of ESG standards. The results show that companies with robust ESG strategies not only improve their environmental footprint and social contribution, but also achieve better financial performance and brand loyalty in the long term. The research methodology includes the combination of quantitative and qualitative research sources. The results show that while adopting ESG principles can provide significant benefits, it also presents significant obstacles, including cost impacts, supply chain complexity, and the need for broad stakeholder involvement. In summary, the long-term impact of ESG factors on sustainability standards in the German clothing market is profound. This study provides valuable insights for policymakers, industry stakeholders, and academic researchers interested in sustainable development and corporate governance.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Advances in Applied Microeconomics

ISBN

978-3-031-76653-4

ISSN

2198-7246

e-ISSN

2198-7254

Number of pages

31

Pages from-to

395-425

Publisher name

Springer International Publishing AG

Place of publication

Cham

Event location

Bělehrad

Event date

Jul 11, 2024

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

—