Sustainability Reporting and Performance of Indian Companies

Abstract

This paper gives a background on the growing importance of sustainable investment across the globe and in India and how responsible investing has become the new way of investing for many investors. It also outlines the regulatory requirements in India regarding sustainability reporting as mandated by SEBI and CSR expenditure requirements as required by the Companies Act, 2013. Further, it also looks at the industry wise Environment, Social and governance (ESG) disclosure scores obtained from a third party source CSRhub.com giving insights into which industries are leading and which are trailing and also analyses the reasons for the same. It talks in detail about the methodology used by CSRhub to rate companies and finally concludes with some recommendations for the government.