The term ESG, which stands for Environmental, Social and Governance, has gained significant traction in the business world. A

company’s dedication to ESG reflects its awareness of both the positive and negative impacts it has on society and the environment,

influencing not only the business itself but the entire ecosystem around it. Organisations that embrace the ESG framework recognise

that adopting best governance practices leads to positive outcomes across all sectors. This approach helps minimise the environmental

impact and fosters a more equitable world, while maintaining sound administrative processes and sustaining profitability. Incorporating

ESG factors into operations is essential for ensuring long-term sustainability, compliance and competitiveness. By focusing

on environmental stewardship, fostering positive social impacts and maintaining strong governance structures, organisations can

minimise their negative externalities, meet regulatory demands, and appeal to a growing number of ESG-conscious stakeholders.

The main aim of this article is to analyse the ESG principles, and present examples of integrating ESG in large and SMEs companies.

These organisations were chosen as examples of good practice: Maersk, Nestlé, Toyota, Baltic Marine Bunker and Klaipėdos Nafta.

The companies in this article were chosen to show a diverse range of industries and approaches to ESG implementation.