CSR & ESG
This is a management concept where companies integrate social and environmental concerns into their business strategy.
What is CSR (Corporate Social Responsibility)
Ethical practices ensure compliance with laws and promote this type of sourcing
What is responsible sourcing
This initiative involves minimizing waste and conserving energy
What is environmental stewardship
Businesses participating in local initiatives like sponsoring events support this kind of development
Economic Development
This practice involves working with local communities
What is community collaboration
This metric system evaluates a company's sustainability across Environmental, Social and Governance dimensions
What is ESG
This set of moral principles govern how businesses enage in their activities
What are business ethics
Companies use this type of material to reduce environmental impact during manufacturing
What are Sustainable Materials
This type of local purchase directly contributes to the revenue of small busiensses
What is shopping locally
These are products designed with minimal environmental impact
What are Green Products
Companies focused on CSR aim to improve brand reputation while positively impacting this group
What is Society
A strong ethical workplace encourages employees to act with this quality
What is integrity
Tis is the process of tracking and optimizing energy efficiency while adopting alternative power sources
What is Energy Management
Leaving reviews on business pages or social media is an example of this type of support
What is engaging with online platforms
By streamlining processes and reducing waste, businesses achieve this type of efficiency
What is operational efficiency
Name two key differences between CSR and ESG
What are CSR is focused on societal integrations while ESG is focused on measurable sustainability metrics
Name one long-term benefit of maintaining ethical practices
What is talent acquisition, retention, or positive reputation
Name one benefit businesses achieve by staying on top of environmental regulations
Avoiding Penalties or adapting to new laws
Participating in community clean up initiatives can improve this for a business
What is brand reputation
Name all three pillars of business sustainability
Economic, Environmental, Social