GX & Decarbonization Research

M. Saiful Rizal, Merlin Diva Mefia, Firman Ramadhani +1

This systematic literature review of 40 articles (2021-2025) examines the influence of independent audit committees, board gender diversity, and institutional ownership on ESG disclosure among Indonesian companies. Audit committee independe…

Moch. Rusli, Asiah Wati, Haq Muhammad Hamka Habibie

This study examines the impact of ESG scores on bank financial performance (ROA, ROE) in Indonesia and Malaysia using panel data from 2020-2024. Results show no significant effect of sustainability disclosures; instead, net profit margin an…

Richard Yeaw Chong Seow, Nejla Ould Daoud Ellili

This systematic review of 213 articles on ESG disclosure in the MENA region reveals increasing emphasis following regional reforms (e.g., Saudi Vision 2030, UAE Green Economy Strategy), but uneven reporting, especially in non-GCC countries.…

Jitheesh Thilak, Devika Ramachandran, Sagee Geetha Sethu +1

This article compares ESG regulation and directors' fiduciary duties in the EU, UK, and UAE. It finds a fragmented landscape: EU prescriptive disclosure/due diligence, UK principles-based, UAE market-led. The divergence creates legal uncert…

Francesca Grassetti, Daniele Marazzina

This study proposes a standardized ESG rating methodology integrating GRI standards and SDGs, using only public data with missing data handling. Applied to European and US financial and manufacturing firms, it offers a transparent, reproduc…

Nesma Hassan, Amr ElAlfy, K. Gülnaz Bülbül +2

This scoping review analyzes sustainability reporting and ESG disclosure practices in the airline industry based on literature from 2018-2024. The Global Reporting Initiative (GRI) is the dominant framework, with airlines in Europe and Nort…

Adrian Eka Darma Serang

This study examines ESG as a field of power, exploring how strategic management decisions are translated and represented through accounting practices to construct organizational legitimacy. Using a qualitative interpretive case study, it re…

Jagannayaki K, Lavanya P

This paper systematically reviews ESG integration in financial decision-making, evaluating how ESG criteria contribute to societal value creation. It identifies challenges such as lack of standardization, greenwashing, and rating divergence…

Ngoc Hung Tran, Thi Bich Ngoc Phan

This study examines how Vietnam-listed firms build credibility in ESG disclosures via external assurance. Analyzing sustainability reports from 2020-2025, it finds improved alignment with GRI and UN SDGs among large firms but limited third-…

yunus furuncu

This study comparatively analyzes three energy firms (Enerjisa, E.ON, Enel) using GRI-aligned sustainability reports and external ESG ratings. It reveals differentiated sustainability maturity stages consistent with the S-curve hypothesis: …

Steven F. Cahan, Li Chen, Yixin Wei

This study examines the impact of SASB sustainability standards on ESG rating disagreement. Contrary to expectations, the introduction of SASB standards increased disagreement among rating agencies, primarily due to differences in weighting…

Janga Bahadur Hamal, Dilli Raj Sharma, Arjun Kumar Niroula +2

This paper conducts a bibliometric review of ESG investment behavior from 2010-2025 using Scopus data. It identifies four major themes: portfolio construction, sustainability policy and disclosure, market flows, and corporate impact. The st…

Chenyan Tu

This paper analyzes the EU's ESG regulatory framework, focusing on CSRD and Document 2024R3005, to derive implications for China's ESG system. Through comparative analysis, it highlights three key measures for China: regulatory coordination…

null Syifa Aristawati, null Erlyna Tri Rohmiatun

This systematic literature review examines the relationship between sustainability reporting (SR) and firm value in Indonesian mining companies. Following PRISMA 2020, 11 studies from 2018-2025 were analyzed. Most find a positive effect of …

Mayara Costa

This article reviews the integration of ESG criteria into corporate management in the US, Europe, and Brazil up to 2022. Europe leads in mandatory disclosure, while the US relies on investor and market pressure. Brazil has made progress wit…

Muhammad Zabir Zainuddin, Sulvariany Tamburaka, Nasrullah Dali

This paper develops a systematic framework integrating consumer green behavior, sustainability-oriented marketing innovation, and sustainability accounting for eco-brand engagement. Based on a PRISMA systematic review of 38 articles, it fin…

Muthia Azizah, Dian Widiyati

This study analyzes the completeness of sustainability reports of seven Indonesian banks against the 2021 GRI standards. Platinum-rated banks show better disclosures than Gold-rated ones, and the paper offers policy suggestions for the fina…

null Abdus Salam, null Nurma Gupita Dewi

This study examines the impact of ESG disclosure (based on GRI), leverage, and firm size on ROA among Indonesian mining companies from 2022-2024. Multiple regression results show that ESG and firm size positively affect performance, while l…

Makhathini Lungani Rudolph, Kansilembo Aliamutu

This study examines how firm size, age, leverage, and profitability affect environmental disclosure among JSE-listed firms in South Africa from 2020-2024. It finds that profitability positively correlates with disclosure, while older firms …

Bhakti Agarwal, Shailesh Rastogi

This study examines the linear and non-linear relationship between ESG/social scores and firm performance (inventory turnover, sales, gross profit margin) using panel data from 316 Indian non-financial firms (2011-2022), with competition as…