ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

For emerging markets, ESG will not work without economic growth

Combination can help ensure sustainable and inclusive long-term development

| Southeast Asia
A Hindu holy man in New Delhi in 2021: Pollution and heatwaves in the Indian capital are just early signs of a bleak future that will bring more inhumane conditions.   © Reuters

Lourdes Casanova is Gail & Rob Canizares director of the Emerging Markets Institute at the S.C. Johnson College of Business at Cornell University. Anne Miroux is a faculty fellow at the institute. Shailja Bang Shah is a research fellow at the institute.

As new World Bank President Ajay Banga visits Pacific island states and other bank clients around the world, the question of how much to prioritize growth versus societal demands regarding environmental, social and governance (ESG) goals is squarely on the table.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more