Identifying the Use of Environmental Social Governance (ESG) Strategies in Companies Associated with CSR Europe on Business Results, Macro-Economic Indicators of the Country and Sustainability of the EU, Dr Gabriela Dubcová, Prof. Zuzana Kapsdorferova, Dr Anton Lisnik
Dr Gabriela Dubcová
Associate Professor
Bratislava University of Economics and Business
Slovakia
ORCID: 0000-0001-5024-4335
Professor Zuzana Kapsdorferova
Bratislava University of Economics and Business
Slovakia
ORCID: 0000-0002-4244-5695
Dr Anton Lisnik
Associate Professor
Slovak University of Technology in Bratislava
Slovakia
ORCID: 0000-0003-2786-2594
Paper Type: Research
Received: 28 April 2025 / Revised: 10 August 2025 / Accepted: 25 October 2025 / Published: 12 November 2025
DOI: 10.47556/J.WJSTSD.20.4.2025.2
Purpose: The aim of this research is to demonstrate and explain how the companies analysed implemented an effective Environmental Social Governance (ESG) strategy with positive results for their own business, the country’s macro-economic results and the sustainable prosperity of the European Union (EU).
Design/Methodology/Approach: A combination of methods and procedures within a logical system framework at three dimensions that focused on responsible behaviour according to the ESG were used: micro-level → mezzo-level → macro-level. For the objective evaluation of the indicators and their implications to achieve the set goal, a correlation dependence of selected variables and indicators was used.
Findings: Applications of ESG strategies in companies associated with CSR Europe (Corporate Sustainability and Responsibility) have relevant impact on business results, a country’s macro-economic indicators, and EU sustainability.
Originality: The research results related to the application of ESG strategies with real usage for companies, and macro-economic improvements are unique.
Implications: The model solution is synthesised to be adaptable to any company worldwide in a country’s ESG framework, with a description of potential limits and barriers.
Keywords: ESG Conduct; ESRS Standards; CSR Europe; Sustainability; Strategy.
Citation: Dubcová, G., Kapsdorferová, Z. and Lisnik, A. (2025): Identifying the Use of Environmental Social Governance (ESG) Strategies in Companies Associated with CSR Europe on Business Results, Macro-Economic Indicators of the Country and Sustainability of the EU. World Journal of Science, Technology and Sustainable Development (WJSTSD), Vol. 20, No. 4, pp.339-366.
