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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2025

Kód důvěrnosti údajů

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

Název statě ve sborníku

Advances in Applied Microeconomics

ISBN

978-3-031-76653-4

ISSN

2198-7246

e-ISSN

2198-7254

Počet stran výsledku

31

Strana od-do

395-425

Název nakladatele

Springer International Publishing AG

Místo vydání

Cham

Místo konání akce

Bělehrad

Datum konání akce

11. 7. 2024

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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