Sustainable environmental, social and governance (ESG) development of China and ASEAN in a volatile, uncertain, complex, and ambiguous (VUCA) world

A volatile, uncertain, complex and ambiguous (VUCA) world presents both challenges and opportunities. One good example is the increased focus on Environmental, Social and Governance (ESG), which can be viewed as a barrier for growth or as a competitive advantage for countries. For countries to view...

Full description

Saved in:
Bibliographic Details
Main Author: Ang, Hak Seng
Other Authors: School of Social Sciences
Format: Article
Language:English
Published: 2025
Subjects:
Online Access:https://hdl.handle.net/10356/182200
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:A volatile, uncertain, complex and ambiguous (VUCA) world presents both challenges and opportunities. One good example is the increased focus on Environmental, Social and Governance (ESG), which can be viewed as a barrier for growth or as a competitive advantage for countries. For countries to view ESG as a competitive advantage, there are three key opportunities to tap on. First, nations could collaborate on ESG technology, specifically on the development, deployment or building of ESG technological infrastructure. Second, nations could share best practices regarding their solutions to social issues such as social mobility. Third, nations could collaborate to harmonise ESG standards to promote trade between countries.