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Key Components of CSR and ESG


Introduction to CSR and ESG

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Unit Summary

Peeling back the layers, CSR is built on three foundational pillars:
  • Economic responsibility, where businesses operate in a way that's financially sustainable.
  • Social responsibility, focusing on employee welfare, community development, and ethical practices.
  • Environmental responsibility, emphasizing sustainability and reduced environmental harm.
ESG metrics provide a way to measure these efforts. It translates the broad concepts of CSR into measurable, tangible metrics.
For instance, how much waste is a company producing? Or how diverse is its leadership team?
These metrics offer you a clear lens to view and evaluate a company's true impact.

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