What is the difference between CSR and ESG?
CSR is thought of as a qualitative approach that is driven by internal values and commitments, while ESG is considered quantitative and driven by external requirements (i.e., international frameworks and standards). While the two concepts have some key differences (see table above), it is important to note that both seek to set goals for and report out on social and environmental impacts (mitigating negative ones and enhancing positive ones).
What is the difference between CSR and corporate governance?
The concept of corporate governance is actually a sub-topic of CSR. It refers to the system of rules, practices, and processes by which a company is directed and controlled.
What is the difference between CSR and social responsibility?
Corporate social responsibility is the idea that businesses have a responsibility to benefit the society that they exist within. It is viewed as a form of social responsibility but is used specifically in the corporate business world.
