Sustainability and DEIB Champion. #ActuallyAutistic. Pretty Queer. Lover of Bowties, Adventure, and Dogs. Fan of the Oxford Comma.
This is a very useful and interesting tidbit from the Wolters Kluwer article "The ABCs of ESG Reporting" from 2022: "What’s the difference between ESG and sustainability? ESG and sustainability are sometimes used interchangeably, but there are some notable differences. - Generally speaking, sustainability refers to a company’s relationship to the environment, where ESG extends that relationship to social responsibility and corruption. - ESG is an external investment framework, or a form of metrics, that helps companies communicate their initiatives and investors assess the company’s performance and risk. On the other hand, sustainability is seen as an internal framework that guides the organization’s capital investments. In other words, sustainability is the motivation, ESG is the reported outcome. - Since ESG is a reporting framework, it is more relevant to publicly traded companies looking to attract and inform investors or any other business looking to attract financing." #ESG #Sustainability #SustainabilityMatters #SustainabilityMattersAtAquent #Aquent #ClimateAction #GoGreen
The ROI Guy • I help DEI Consultants get more warm leads • Download my ROI of DEI white paper to learn the framework (see featured section)
5moGreat insight. What do you think about aligning ESG and sustainability goals for a more comprehensive impact assessment? P.S. How can companies integrate both frameworks effectively?