Open Access
Review
SciPap-2106
Legal Design: A Catalyst for Environmental Social and Governance (ESG) and Sustainable Business Practices
by
Ebru Metin 1,* 
1 Department of Business Administration/ Department of Law, School of Business and Governance, Tallinn University of Technology, Akadeemia tee 3, Tallinn 12618, Estonia
* Authors to whom correspondence should be addressed.
Abstract: This paper examines how the application of Stakeholder Theory and legal design can enhance corporate compliance with regulatory requirements, particularly within Environmental, Social, and Governance (ESG) frameworks. By utilizing visual aids, design patterns, plain language, and human-centered design principles, legal design transforms complex legal information into accessible and actionable information, fostering better understanding and decision-making among stakeholders. This approach not only improves regulatory compliance but also aligns with ethical standards and social responsibilities, which enhances stakeholder trust and engagement. Furthermore, the integration of legal design into corporate compliance strategies supports long-term sustainability and digital transformation, contributing to the creation of value for all stakeholders.
Keywords: Sustainability, Digital Transformation, Stakeholder Theory, Esg, Legal Design, Regulatory Compliance
JEL classification: D21 - Firm Behavior: Theory, K32 - Energy, Environmental, Health, and Safety Law, L21 - Business Objectives of the Firm, M14 - Corporate Culture • Diversity • Social Responsibility, O32 - Management of Technological Innovation and &, Q01 - Sustainable Development
Received: 16 June 2024 / Revised: 17 November 2024 / Accepted: 17 November 2024 / Published: 22 November 2024
