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Challenges for the Defense Industry Against the Background of ESG (Environmental, Social, Governance) Concepts

Author

Listed:
  • Szymon Mitkow
  • Joanna Antczak
  • Mateusz Roszkiewicz

Abstract

Purpose: The purpose of this article was to present the defense industry in the context of ESG. Design/methodology/approach: For a variety of reasons, the defense sector has so far not cared to build awareness of the importance of the defense industry in supporting the armed forces' efforts to ensure the security of their country's citizens. The fact that this sector has a strategic status requires reinforcement at the level of communication and separation from other sectors of the economy. Findings: National security, including the defense industry, will increasingly be seen as a necessity in support of ESG. Practical implications: It would certainly be helpful for the European Commission to develop a coherent and consistent policy on the defense industry, not only denying its harmfulness, but emphasizing its strategic importance, hence requiring special status and special conditions in the context of the ESG taxonomy. Originality value: For a variety of reasons, the defense sector has so far not cared to build awareness of the importance of the defense industry in supporting the armed forces' efforts to ensure the security of their country's citizens. The fact that the sector has a strategic status requires reinforcement at the level of communication and separation from other sectors of the economy (possibly also through the application of different regulations specific to the sector) as in this research.

Suggested Citation

  • Szymon Mitkow & Joanna Antczak & Mateusz Roszkiewicz, 2022. "Challenges for the Defense Industry Against the Background of ESG (Environmental, Social, Governance) Concepts," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 177-194.
    • Handle: RePEc:ers:journl:v:xxv:y:2022:i:4:p:177-194
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    References listed on IDEAS

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    1. Keith Hartley, 2018. "Arms industry data: Knowns and unknowns," Economics of Peace and Security Journal, EPS Publishing, vol. 13(2), pages 30-36, October.
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