ESG Reporting Landscape In India: Contrasting Approaches and Institutional Frameworks
Kakran S., & Kumar A. (2023). ESG reporting landscape in India: Contrasting approaches and institutional frameworks. Global Summit—2023 unlocking sustainability: G20 presidency paves the way for an ESG-driven new world order (pp. 95–102).
Posted: 25 Apr 2024
Date Written: July 15, 2023
Abstract
In the modern era, commercial firms worldwide are shifting away from the short-term myopic objective of profit maximization toward long-term sustainability goals, i.e. environmental, social, and corporate governance (ESG), which evolved in response to substantial investor demand for nonfinancial to improve standardized disclosure. This study focuses on the comprehensive review of ESG regulatory frameworks for India to unmask the progress and importance of ESG implementation. Results revealed that India reflected improvements in ESG scores. Moreover, sustainability reporting and integrated reporting practices must be considered to uplift the ESG practice.
Keywords: ESG, India, Regulatory Framework, Environmental Social Governance
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