Lesson Overview
Similar language, different ideas
ESG and CSR are often used interchangeably, but they are not the same thing. CSR has often been linked to image and communication. ESG should be connected to how decisions are made.
The SDGs provide a global roadmap, but mapping activities to the goals is not the same as embedding sustainability into business or investment decisions.
In this lesson, we explore:
- Why CSR has often focused on image rather than impact
- Why ESG needs to influence how decisions are made
- How SDG alignment can look good on paper without guaranteeing meaningful action
- Why clarity matters when organisations communicate around ESG, CSR and sustainability goals
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A practical look at the differences between ESG, CSR and the SDGs, and why those differences matter.
Vincent McCarthy, CFA
Founder, Responsible Investment Institute®