OUR
CLIENTS

  • VISA
  • AT&T
  • BREEM USA
  • CHEVRON

BLOG CATEGORIES

SUBSCRIBE

FOR LATEST UPDATES

Sign up for our monthly newsletter with our latest offers,hot blogs and much more !

JOIN US

FOR CALL

Lets chat via skype to discuss your questions concerns, and project needs

TRENDING NOW

CSR, ESG and Sustainability: What’s the Difference?

Many companies have incorporated Corporate Social Responsibility, or CSR, and sustainability into their operations over the last decade. As we head toward 2023 the conversation around Environmental, Social and Governance, or ESG is growing louder and pending SEC regulations prove it isn’t a passing trend.

ESG, CSR and sustainability are sometimes used interchangeably, however, they are not the same thing. In this blog, we’ll explore the differences between the three and why they matter to businesses. 

What is Sustainability?

Sustainability is a broader term that encompasses ESG criteria as well as a company’s overall commitment to sustainable development. This is defined as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs. In other words, it’s about meeting our current needs without jeopardizing the ability of future generations to do the same.

What is CSR?

Corporate social responsibility is qualitative and focuses heavily on ethics. It is the belief that businesses should integrate social and environmental concerns into their operations. Businesses can achieve this by adopting a triple bottom line approach, which balances economic growth with sustainability goals as well as legitimate expectations from all stakeholders involved–including investors who expect a return on equity.

What is ESG?

Environmental, social, and governance (ESG) criteria are a set of standards used by investors to evaluate companies’ performances in these three areas:

  • Environmental issues such as climate change and air pollution
  • Social issues such as diversity and working conditions
  • Governance issues such as board structure or executive compensation

These criteria can be used to screen investments and assess risk. They can also be used to engage with companies on issues that are important to investors. Unlike CSR, ESG is quantitative and focuses on measurable goals.

Why Do ESG and Sustainability Matter?

Companies that focus on CSR, ESG and sustainability are often seen as more responsible and forward-thinking. They’re also more likely to attract millennials, who are increasingly interested in investing in companies that align with their values. Furthermore, studies have shown that companies with strong ESG practices tend to outperform those without them.

To sum it up, all organizations have a responsibility to operate in an ethical and sustainable manner. This encompasses social responsibility (CSR) programs that focus on giving back to society, as well as environmental sustainability initiatives aimed at reducing the organization’s ecological footprint.

Are you working to integrate ESG into your company? We can help spread the word about what you’re doing! Send an email to service@artemia.com to learn more.

see more...

On the Wire Episode 1: High...

This is the first podcast in our ongoing series highlighting industry tren...

LEARN MORE

On The Wire Episode 2: Sust...

 On The Wire is ARTÉMIA's on-going series highlighting industry trends,...

LEARN MORE

On the Wire Episode 3: What...

 This episode is the first in a two-part series focusing on FinTech. We ...

LEARN MORE

CERTIFICATIONS & MEMBERSHIPS

We hold the following certifications: WBE, WOSB Women-Owned Business, WBENC, CPUC Supplier Clearing
House, DGS, San Francisco Green Business.

DGS
GENERAL SERVICES
CPUC
SUPPLIER CLEARING HOUSE FOR CPUC
WBENC-WOMEN'S BUSINESS
ENTERPRISE NATIONAL COUNCIL
WBENC-WOMEN'S BUSINESS
ENTERPRISE NATIONAL COUNCIL
CMAS
CMAS APPROVED CONTRACTOR
Previous Next

SAN FRANCISCO

HEADQUARTERS 2001 UNION STREET,
SUITE 310 SAN FRANCISCO, CA 94123
PHONE +1.415.351.2227,
EMAIL : SERVICE@ARTEMIA.COM

MICHIGAN

2899 E BIG BEAVER RD,
TROY, MI 48083
EMAIL : SERVICE-MI@ARTEMIA.COM

CANADA

60 ATLANTIC AVENUE,
SUITE 200
TORONTO ONTARIO M6K 1X9
EMAIL : SERVICE-CANADA@ARTEMIA.COM