What’s the Difference Between ESG and Sustainability?

As we seek to find common ground on the importance of social engagement, inclusion, a just transition, carbon offsetting, and climate justice, we’re finding that clear definitions around these concepts and programs are more important than ever. That’s why this paper published by HSBC highlighting the difference between ESG and sustainability is super insightful.

In summary, the paper concludes ESG is focused on measurements, assessments, and benchmarks to measure a company's performance in certain ESG pillar areas, as well as in looking at a portfolio or a security’s performance.

Whereas Sustainability is defined along the lines of organizational operations, responsibilities to communities where organizations do business, as well as the well-being of the people and natural resources they engage.

For more, check out the article here: Sustainability vs ESG: What’s the Difference and Why They Matter [Series 1 of 4] | Article (HSBC Business Go).