Are you a business looking to keep up with DEI's international trends and take the first step ahead of the curve? Or are you an employee who, in addition to your work, also want to be the front-line supervisor of the company's practice of DEI? This article tells you once at a time how DEI, CSR, ESG, SG, SGS are different.

Why do you need to understand DEI, CSR, ESG, SG, SGS concepts?

In today's international trend, companies are being asked to improve the effectiveness of sustainable operations, employees are paying more attention to the company's social value than in the past, and brand image is more important than ever. In a changing world, how to cultivate talents, exert social influence through core competitiveness, and become responsible participants is the first step for enterprises to seize opportunities.

If you are an employee, you need to understand these concepts in order to evaluate the company's performance at DEI and other levels with practical indicators, in addition to being a participant, but also a front-line supervisor!

DEI can be used as an internal human resources strategy mobility guideline for enterprises, based on the concept of CSR development social responsibility, hitchhiker on ESG and SDGs world trends, and help formulate a diversified and inclusive sustainable development strategy from the "internal structure of the enterprise".  

What is the difference between DEI and CSR?

CSR stands for Corporate Social Responsibility, and business operations need to consider their contribution to the sustainable development of society and the environment, and consider their own impact on the external environment.

CSR is a broad concept, and DEI is a practical principle based on its concept and further starting from the "internal structure of the enterprise". Through DEI, enterprises will be able to implement the concept of CSR in corporate culture and governance, and further embrace diversity (D, Diversity), achieve equity (E, Equity), and achieve common prosperity (I, Inclusion).

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What is the difference between DEI and ESG?

ESG stands for Environmental Protection (E, environment), Social Responsibility (S, social) and Corporate Governance (G, governance). When ESG development is approaching maturity, first of all, DEI can amplify the social responsibility (S) in it, focus more on the strategy of human resources and talent sustainability, and develop corporate social responsibility from a structural humanistic perspective; In addition, DEI can also optimize corporate governance (G), which can enhance the company's reputation, and by achieving diversity and inclusion, the company can also cultivate risk management capabilities to cope with future changing trends and enhance company stability.

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What is the difference between DEI and SDGs?

The SDGs stand for Sustainable Development Goals adopted by the United Nations in 2015, which include 17 goals including gender equality, gender equality, dignified employment and economic development, justice systems, and global partnership.

The SDGs contain several goals related to economy, work, diversity, and common prosperity, and DEI can be used as a behavioral policy for enterprises to invest in changing forces, and through sustainable management, enterprises have the ability to manage risks in response to different social forms in the future, and can also grasp potential market demand in a timely manner.

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Photo|Green International University

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