Submitted by Albert Sub Yun
on
Professor Aseem Prakash, Prof. Nives Dolšak, and Prof. Jennifer Griffin write about ESG and its similarities to CSR.
"the environmental, social, and governance (ESG) movement … is a framework that identifies societal priorities for firms in those three broad areas. Moreover, ESG metrics can guide managerial action while signaling to external constituencies a credible commitment to aligning managerial action with societal priorities.
But the ESG movement sounds like the older corporate social responsibility (CSR) movement—but with a new name."
Read the full article here.