How to Know the Difference Between ESG and CSR Reports
Businesses consume natural resources and utilize public infrastructure to deliver their products and services. Therefore, companies and other commercial entities have a financial and moral obligation to give back to society. Managers and investors can follow two techniques to develop a healthy relationship between the industry and the community. This post will compare CSR vs. ESG. What Is ESG? ESG means environmental, social, and governance criteria that affect how investors decide which stocks to buy after assessing a company’s impact on the natural ecosystem and society. Therefore, ESG consulting collects and analyzes the business performance metrics using sustainability requirements. Unlike CSR, ESG is data-driven and involves more strategic techniques that encourage socially responsible investment attitudes. It monitors the integrity of corporations and governmental bodies through continuous inspection of corruption,...