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Business Strategy and the Environment· 2025Q1

Economic, Environmental, Social, and Governance (ECON ‐ ESG) Strategies For Sustainable Development: Theory and a Holistic Evidence From Germany

Cem Işık, Serdar Ongan, Rahman Aydın, İlyas Kays İMAMOĞLU

Short summary

Integrating economic factors (ECON) with environmental, social, and governance (ESG) indicators reveals that many ECON-ESG indicators in Germany are nonstationary, exhibit structural breaks, and display nonlinear dynamics, necessitating long-term, flexible policy designs for achieving SDGs.

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Economics and EconometricsEconomics, Econometrics and Finance