Which of the following best describes the difference between traditional Corporate Social Responsibility (CSR) and the modern ESG framework?

Test yourself: pick an answer

• A)CSR focuses on governance, while ESG focuses only on the environment
• B)CSR is usually a qualitative, self-regulated approach to corporate citizenship, whereas ESG provides specific, quantifiable metrics for investors to measure sustainability performance
• C)CSR is mandatory by law, whereas ESG is entirely voluntary
• D)There is absolutely no difference; the terms are used interchangeably in accounting