Creative Responses to Climate Change: A Comparative Analysis of ESG Ratings in Developing Economies

This study investigates the role of Environmental, Social, and Governance (ESG) ratings in shaping corporate environmental strategies across developing economies. Analyzing data from 4,811 companies in China and extending our research to include India, Brazil, Nigeria, Bangladesh, Pakistan, Indonesia, Ethiopia, Egypt, Vietnam, and the Philippines, the study provides a comprehensive comparative analysis of ESG ratings’ impact in these diverse economic settings.