Factors of Workplace Spirituality Enabling Environmental, Social and Governance (ESG) Goals in Business Organizations

Abstract

Positive human behavior towards environment and society is the key to enable ESG (Environmental, Social and Governance) goals in business organizations. Workplace Spirituality (WPS) can play a crucial role in engaging employees psychologically to transform their behavior towards ESG. Objective of the study is to examine key factors of workplace spirituality and its impact on ethical, sustainable, and social behavior of employees. Research methodology covers conducting a systematic literature review to identify gaps, contradictions and opportunities and develop a conceptual framework. It has been established through literature review that various isolated studies were conducted on WPS however strong need is identified to devise ‘a holistic conceptual model’, which is achieved through this systematic and structured study. The outcome of the study establishes a positive correlation of WPS with employee behavior in all respect i.e. Individual, organizational and leadership level. Conceptual model covers four independent variables i.e. organizational aspects, leadership style, Individual psychological capabilities (emotional and spiritual intelligence) and higher purpose. Study outcome shall benefit management practitioners and companies by enriching understanding on factors of WPS in the business organizations and achieving ESG goals by transforming employee’s behavior. The study signifies that decisions and practices adopted by the management with spiritual values such as honor, morality, kindness, hope, love and nurturing will help to deal with corporate challenges more effectively. This study also contributes to the Maslow Theory on motivational behavior where self -transcendence based on spiritual values is considered as the ultimate level of motivation for human behavior at work.



Author Information
Sandeep Seth, SP Jain School of Global Management, India
Veena Jadhav, SP Jain School of Global Management, Singapore
Bhanu Ranjan, SP Jain School of Global Management, Singapore

Paper Information
Conference: ACP2024
Stream: Qualitative/Quantitative Research in any other area of Psychology

This paper is part of the ACP2024 Conference Proceedings (View)
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To cite this article:
Seth S., Jadhav V., & Ranjan B. (2024) Factors of Workplace Spirituality Enabling Environmental, Social and Governance (ESG) Goals in Business Organizations ISSN: 2187-4743 – The Asian Conference on Psychology & the Behavioral Sciences 2024 Official Conference Proceedings https://doi.org/10.22492/issn.2187-4743.2024.16
To link to this article: https://doi.org/10.22492/issn.2187-4743.2024.16


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Posted by James Alexander Gordon