Decoding the Green Jargon: ESG, CSR, and Sustainability Uncovered
In recent times, the corporate lexicon has been enriched with terms like Environmental, Social, and Governance (ESG), Corporate Social Responsibility (CSR), and Sustainability, each carrying a profound significance in depicting a corporation's ethos and its approach towards societal and environmental concerns. However, a cloud of confusion often surrounds these terms, with many using them interchangeably or misinterpreting one for another…
Trailblazing Initiatives Redefining Social Engagement in Business
Discover trailblazing initiatives that are reshaping the realm of social engagement in the business sector. From digital inclusivity to ethical sourcing, these recent endeavors not only reflect a growing corporate conscience but also underscore the symbiotic relationship between social responsibility and sustainable business growth.
The Silent Pillar of ESG - Understanding Social Equity
Exploring the 'Social' in ESG, this article delves into the multi-faceted initiatives corporations are adopting to foster social equity. From promoting digital inclusivity to nurturing ethical supply chains, businesses are proactively contributing to community welfare, showcasing the symbiotic relationship between social responsibility and sustainable growth, thereby redefining their role in modern society.
“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about.”
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth