2023, Vol. 4, Issue 2, Part C
Assessing sustainability and ethics practices in Indian corporates: A survey-based analysis
Author(s): Dr. Renu Gupta
Abstract: This research paper presents an in-depth survey-based analysis of sustainability and ethics practices among Indian corporates, addressing the pressing question of how these entities are adapting to the dual challenges of sustainable development and ethical operations within the contemporary business environment. Employing a robust methodological framework, the study analyses responses from a sample of 60 companies across various industry sectors in India to assess the extent and effectiveness of their sustainability initiatives and ethical governance.Key findings reveal that a majority of Indian corporates are actively engaging in sustainability efforts, with a significant number maintaining dedicated sustainability departments and adhering to ethical codes of conduct. However, the extent of these practices varies, with gaps in areas such as waste management policies, supply chain sustainability, and comprehensive sustainability reporting. Notably, while many companies report setting sustainability goals for the future and are partially compliant with national voluntary guidelines.The implications of these findings are critical for understanding the trajectory of corporate India's move towards global sustainability benchmarks. The research concludes with recommendations for businesses to solidify their commitment through standardized practices and for policymakers to provide a supportive regulatory framework to bridge identified gaps. The study underscores the importance of consistent and transparent sustainability reporting and the institutionalization of ethical practices as catalysts for achieving broader sustainability goals in the Indian corporate sector.
Pages: 195-201 | Views: 117 | Downloads: 41
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How to cite this article:
Dr. Renu Gupta. Assessing sustainability and ethics practices in Indian corporates: A survey-based analysis. Asian J Manage Commerce 2023;4(2):195-201. DOI: 10.22271/27084515.2023.v4.i2c.209