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@article{184549, author = {Himani Agarwal and Dr. Diwakar Kadam}, title = {Integrating ESG Principles and Non-Market Strategies in Airport Development: A Framework for Sustainable and Inclusive Growth}, journal = {International Journal of Innovative Research in Technology}, year = {2025}, volume = {12}, number = {4}, pages = {1878-1884}, issn = {2349-6002}, url = {https://ijirt.org/article?manuscript=184549}, abstract = {The construction and operation of airports present significant opportunities and challenges in the context of sustainable development and stakeholder engagement. This paper explores the integration of Environmental, Social, and Governance (ESG) principles with non-market strategies to enhance the sustainability, inclusivity, and long-term success of airport projects. By addressing environmental concerns such as carbon emissions, resource efficiency, and biodiversity, and incorporating social considerations like community engagement, labour practices, and equitable development, the study provides a comprehensive framework for responsible airport construction. Furthermore, it highlights the role of non-market strategies, including regulatory compliance, policy advocacy, and stakeholder collaboration, in navigating the complex political and societal landscape surrounding large infrastructure projects. Using case studies from recent airport development in Navi Mumbai region, the paper examines best practices and identifies actionable insights for balancing economic goals with ESG imperatives. The findings underscore the critical importance of aligning infrastructure development with global sustainability standards and non-market engagement to ensure resilience, community acceptance, and environmental stewardship.}, keywords = {Environmental, Social, and Governance (ESG) principles with non-market strategies, construction and operation of airports, sustainable development, stakeholder engagement.}, month = {September}, }
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