More than 800 words!!

Question:

Apart from the financial statements, the annual report also contains Corporate Social Responsibility (CSR) Reporting. Recently, the new trend is moving to Sustainability Reporting in relation to Environmental, Social, and Governance (ESG) Reporting.

Required:

Discuss in detail each of the reporting in relation to its definitions, mechanism, purposes, differences, and how it will be useful for the decision-making purpose. Any references made must be cited properly.