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Company Identity refers to the characteristics of a company; identity is synonymous with “personality“, with what a company “IS“, for example:
Collectively, these and many other attributes make up an organization's distinct personality or identity.
The word “Brand” is not synonymous with identity, but rather with identification. Brand describes not what something IS but by what name it is known or, in a broader sense, how something is marked or how it can be identified.
Thus, a brand can be used to distinguish a product, service, and company from the competition by:
Although “brand” is the term du jour and mentioned frequently in instances when the terms identity or image would be more precise, it is used here in the fundamental sense of service or product brand, such as Kleenex® Brand tissues.
Image is synonymous with perception. A company’s identity shapes its image; image (perception) reflects identity (reality). One could say that image is the combined result of identity (what a company is) and the brand (what a company calls itself).