International Journal of Legal Science & Innovation
[ISSN 2581 – 9453]
From CSR to ESG, How has Corporate Governance Evolved
-
Shradha Patil
LL.M. student at RV University, India
Abstract
ESG and CSR standards stem from the desire for corporations to benefit society. Companies have been researching ways to enhance the community and the environment through their activities. A more dynamic strategy considering an organization's internal and external aspects has replaced outward-looking analysis. Misunderstanding the differences between ESG and CSR leads to the interchangeability of both terms. Though similar, these concepts serve different goals and have other qualities. This paper will throw light on the concept of CSR and ESG and their evolution. It will also discuss changes resulted from CSR to ESG considerations in corporate governance processes in an elaborative manner.
Keywords
Type
Research Paper
Information
International Journal of Legal Science and Innovation, Volume 6, Issue 3, Page 618 - 623
DOI: https://doij.org/10.10000/IJLSI.111961Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLSI 2021