Dr. Asif's Breakthrough Paper on ESG and Industry 5.0 Accepted in Technological Forecasting and Social Change

The Environmental, Social, and Governance (ESG) principles have taken center stage in the
research domain focusing on leveraging technological innovations in corporate sustainability. Dr.
Muhammad Asif, an Associate Professor at Northeastern State University, has made a
remarkable contribution to this area with his paper titled “ESG and Industry 5.0: The Role of
Technologies in Enhancing ESG Disclosure.” This paper is published in Technological
Forecasting and Social Change, an “A” category journal per the ABDC list with an Impact factor
of 12.

ESG has become instrumental in evaluating the non-financial performance of businesses, and
many segments of consumers, investment managers, and risk managers use these criteria for
decision-making. Dr. Asif’s paper takes a broader perspective, exploring the possibilities
presented by emerging technologies in enhancing ESG disclosure. The paper highlights that the
values of Industry 5.0 are aligned with those of ESG, and therefore, emerging technologies
encapsulated in the Industry 5 framework can be employed in ESG. In particular, technologies
like blockchain, digital twins, sensors, RFID, simulations, and cloud computing applications can
enhance ESG reporting authenticity. Some other sophistication in ESG reporting that can ensue
from the application of Industry 5.0 are enabling prospective reporting instead of retrospective
reporting, customizing ESG reports, and extending the scope of reporting to multi-tier supply
chains.

Dr. Asif’s work has already been featured in prestigious publications such as IEEE Transactions
on Engineering Management, Transportation Research – Part E, International Journal of Physical
Distribution and Logistics Management, Journal of Cleaner Production, Management Decisions
Journal, Total Quality Management and Business Excellence Journal, Quality and quantity
journal, European Business Review, International Journal of Quality and Reliability
Management, TQM Journal.

He is committed to advancing research in this area to create a more sustainable future. His
research not only contributes to the academic discourse but also guides policy-making for a more
sustainable future.