Corporate sustainability and ESG: an imperative distinction

Abstract

Society increasingly incorporates concerns about environmental and social issues that may affect future generations, especially after the covid-19 pandemic alert on the interdependence of social, environmental, and economic relations. With an increasingly responsible demand on their way of acting before society, organizations are faced with a spread of the term ESG by the financial market, and which also brings the rediscussion of the concept of corporate sustainability towards society. Both concepts have been used by many companies indiscriminately and without due connection with the organizational spheres of corporations. Our goal is to clarify the essential differences for organizations to use the advantages of both concepts in their management and strategy.