Environmental, social and corporate governance (ESG)

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The previous learning units [[Preliminary remarks on the view on companies and organisations|7.1: Preliminary remarks on the view on companies and organisations]] and [[Corporate social responsibility|7.2: Corporate social responsibility]] have already discussed how CSR can help to view companies not only in terms of their economic performance, but also in terms of their social and ecological commitment. In this sense, CSR can overlap with sustainability models and the SDGs, particularly regarding corporate actions.
The previous learning units [[Preliminary remarks on the view on companies and organisations|7.1: Preliminary remarks on the view on companies and organisations]] and [[Corporate social responsibility|7.2: Corporate social responsibility]] have already discussed how CSR can help to view companies not only in terms of their economic performance, but also in terms of their social and ecological commitment. In this sense, CSR can overlap with sustainability models and the SDGs, particularly regarding corporate actions.
To encourage businesses worldwide to adopt sustainable and socially responsible policies, the UN Global Compact was launched as a voluntary initiative in 2000. It is based on ten universal principles in areas like human rights, labour, environment, and anti-corruption and marked one of the first major efforts to formally involve the private sector in global sustainability.

Revision as of 14:27, 17 August 2025

C8.5 img.jpg
 Fig. : Environmental, social and corporate governance (ESG)
Source: Stockwerk Fotodesign, Adobe Stock.

The emergence of ESG

The previous learning units 7.1: Preliminary remarks on the view on companies and organisations and 7.2: Corporate social responsibility have already discussed how CSR can help to view companies not only in terms of their economic performance, but also in terms of their social and ecological commitment. In this sense, CSR can overlap with sustainability models and the SDGs, particularly regarding corporate actions.

To encourage businesses worldwide to adopt sustainable and socially responsible policies, the UN Global Compact was launched as a voluntary initiative in 2000. It is based on ten universal principles in areas like human rights, labour, environment, and anti-corruption and marked one of the first major efforts to formally involve the private sector in global sustainability.

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