This study examines how economic (ECON), environmental (E), social (S), and governance (G) factors affect SDG-based energy efficiency (EE) for G-7 countries. In this examination, the study, for the first time, introduces the form “ECON-ESG” defined by Isik et al. (2024c). The authors integrated economic factors (ECON) into traditional ESG since they assert that economic impacts on sustainability are undeniable. The CS-ARDL model is used with the AMG and CCEMG techniques to test its robustness. Empirical findings reveal that while economic factors (ECON) negatively impact EE, environmental factors (E) positively impact it. Based on this negative impact on EE, and of course, only within the limits of this study, we, for the first time, conceptually define and introduce G-7 as “ and countries.” Because G-7 countries are developed economically, however, development negatively (paradoxically) affects these countries’ EEs, contrary to positive effect expectations. The word “harmonized” refers to the supportive-harmonizing (positive) effect of environmental factors (E) on EE. Therefore, policymakers need to align conflicting economic and environmental policies on energy efficiency. The country-wise analysis results show that while Canada, Italy, and the USA are countries, the UK is an country.

中文翻译：

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ECON-ESG 因素对能源效率的影响：促进 ECON 增长悖论国家的可持续发展


本研究探讨了经济 (ECON)、环境 (E)、社会 (S) 和治理 (G) 因素如何影响七国集团国家基于可持续发展目标的能源效率 (EE)。在本次审查中，该研究首次引入了 Isik 等人定义的“ECON-ESG”形式。 （2024c）。作者将经济因素 (ECON) 纳入传统 ESG，因为他们断言经济对可持续性的影响是不可否认的。 CS-ARDL模型与AMG和CCEMG技术一起使用来测试其稳健性。实证结果表明，虽然经济因素 (ECON) 对 EE 产生负面影响，但环境因素 (E) 对它产生积极影响。基于这种对EE的负面影响，当然，仅在本研究的范围内，我们首次从概念上将G-7定义为“和国家”。然而，由于七国集团国家经济发达，发展对这些国家的经济效率产生了负面（矛盾的）影响，这与积极影响的预期相反。 “协调”一词是指环境因素（E）对EE的支持协调（积极）影响。因此，政策制定者需要就能源效率协调相互冲突的经济和环境政策。按国家分析结果显示，加拿大、意大利和美国是国家，而英国是国家。