Abstract：
For the first time, this study introduces the ECON-ESG quadruple, developed by Işık et al. (2024a), by adding the economy (ECON) dimension to the classical ESG (environment, social, governance) triad. Based on this new concept, it explores the impact of ECON-ESG factors on the Load Capacity Factor (LCF) in G7. The impact of ECON-ESG factors on LCF is vital because sustainability through these factors plays a critical role in a sustainable environment with LCF. CS-ARDL model finds that while governance factors (GOVNF) positively affect LCF, economic factors (ECONF) have negative effects. Environmental factors (ENVF) and social factors (SOCF) do not affect LCF. These findings can be interpreted as follows: (i) Negative effects of ECONF on LCF can be interpreted as high productivity levels in G7 leading to high resource consumption, exceeding biocapacity. (ii) In G7 with high-income levels, increased consumption may lead to overconsumption of natural resources and exceeding biocapacity. (iii) High technological progress in G7 can sometimes paradoxically lead to greater resource consumption rather than encouraging more efficient resource use, increasing an ecological footprint. The positive effects of GOVNF on LCF can be interpreted as follows: (iv) High and quality governance practices and policies in G7 can increase biocapacity. (vi) Under good governance, governments and environmental organizations can positively impact LCF by raising public awareness of environmental issues and enabling society to use natural resources more sustainably. Therefore, policymakers should harmonize economic policies through ECONF and governance policies through social factors (GOVNF), which contradict each other in LCF. Additionally, the effect of the single composite form ECON-ESG introduced and proposed in this study on LCF is found to be negative. This requires policymakers and firms to re-evaluate their sustainability one more time from a holistic perspective, including economic factors, as done in this study.
摘要：
第一次,这项研究介绍了ECON-ESG四元组，由IShuksik等人开发。（2024a），通过将经济(ECON)维度添加到经典的ESG(环境，社会,治理)三合会。基于这个新概念,它探讨了ECON-ESG因素对G7中负载容量系数(LCF)的影响。ECON-ESG因素对LCF的影响至关重要，因为这些因素的可持续性在LCF的可持续环境中起着至关重要的作用。CS-ARDL模型发现，虽然治理因素(GOVNF)对LCF有正向影响，经济因素(ECONF)有负面影响。环境因素（ENVF）和社会因素（SOCF）不影响LCF。这些发现可以解释如下：（i）ECONF对LCF的负面影响可以解释为G7中的高生产率水平导致高资源消耗，超过生物容量。(二)在高收入水平的七国集团中，消费增加可能导致自然资源的过度消费和超过生物承载力。(三)七国集团的高技术进步有时会矛盾地导致更大的资源消耗,而不是鼓励更有效地利用资源,增加生态足迹。GOVNF对LCF的积极影响可以解释如下：（iv）G7的高质量治理实践和政策可以提高生物承载力。(六)在良好治理下，政府和环保组织可以通过提高公众对环境问题的认识，使社会能够更可持续地利用自然资源，从而对LCF产生积极影响。因此,政策制定者应通过ECONF协调经济政策，通过社会因素协调治理政策(GOVNF)，在LCF中相互矛盾。此外,本研究中引入和提出的单一复合形式ECON-ESG对LCF的影响是负面的。这要求政策制定者和公司从整体角度重新评估其可持续性，包括经济因素,正如在这项研究中所做的那样。
