# ESG Integration & Economic Development: Literature Review
> Explore the role of ESG in corporate strategy and FDI, featuring a 2025 literature review, methodological frameworks, and research on the SAARC region.

Tags: esg-investing, economic-development, literature-review, fdi, sustainability, corporate-governance, saarc
## ESG Integration & Economic Development
- Overview of ESG as a core driver for corporate strategy and Foreign Direct Investment (FDI).
- Importance of regulatory mandates like EU's CSRD and Net-Zero targets.

## Key Reports and Research Trends (2025)
- Summary of findings from Skadden Review, Harvard CorpGov, and Yadav et al. regarding emission disclosures and supply chain accountability.
- Analyzes the exponential rise in academic ESG publications over 47 years based on 45+ core papers.

## Research Gaps and Regional Context
- Identifies geographic biases favoring China and the EU.
- Highlights lack of research in the Global South and the SAARC region.
- Addresses data heterogeneity and inconsistent ESG scoring problems.

## Methodology and Data Sources
- Databases: CSMAR, WIND, Bloomberg, CSI ESG, and World Bank.
- Quantitative Methods: Panel regression (Fixed/Random Effects), Difference-in-Differences (DiD), and Machine Learning (Double ML).

## Analytical Framework
- Use of 'Double Materiality' (Financial vs. Impact Materiality).
- Integration of Stakeholder Theory and Legitimacy Theory.
- Pillars: Environmental (Emissions), Social (Labor/Diversity), Governance (Transparency).

## Progress and Roadmap
- Completion of initial data sourcing and framework design focused on the Pollution Halo Hypothesis.
- Future steps include empirical analysis of global datasets and robustness checks for the SAARC region.
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