28th International Congress on project Management "Project Management in the Digital Decade"

The integration of Environmental, Social, and Governance (ESG) considerations into Project Management (PM) has become essential for organizations to achieve sustainable development and corporate success. ESG principles guide organizations in addressing ecological, social justice, and governance issues, which are increasingly significant for stakeholders, investors, and regulators. The PM domain, traditionally focused on delivering projects within time, budget, and scope, now needs to include ESG factors as a critical component of project success. This paper explores the relationship between ESG and PM, highlighting the importance of including ESG criteria in PM practices. This liaison is crucial for companies aiming to align with global sustainability goals, ethical practices, and regulatory compliance. The insights from key PM organizations such as IPMA, PMI, Green Project Management, Responsible Project Management, Prince2, and ISO 21500, highlight a shared commitment to sustainability and offer guidance on ESG integration in PM. Through analysis of key documents and industry initiatives, this paper seeks to provide PM professionals with an overview and impact of the ESG frameworks on the project profession and reflects on the strong link between ESG and project management.