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The ESG Illusion

The Soul of Enterprise: Business in the Knowledge Economy

CHAPTER

The Complexity of Corporate Social Responsibility

Vivek: " ESG is the traffic cop that writes tickets to enforce stakeholder capitalism" The term was coined in 2004 by the United Nations Global Compact. It's really got two antecedents to it, which are CSR and SRI. He also talks about this idea of the cost of virtue.

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