Renewable Natural Capital and Energy for Sustainable Development in India: A Study of Pharmaceutical Industry in India

Authors

  • Anil Kumar Angrish Associate Professor, Department of Pharmaceutical Management, National Institute of Pharmaceutical Education and Research, NIPER SAS Nagar, Mohali
  • Roopali Batra Assistant Professor, Department of Management & Hospitality, I.K.Gujral Punjab Technical University-Main Campus, Kapurthala
  • Sanjeev K. Bansal Assistant Professor, Department of Management & Hospitality, I.K.Gujral Punjab Technical University, Main Campus, Kapurthala
  • Amol Adkonkar Research Scholar, Department of Pharmaceutical Management, National Institute of Pharmaceutical Education and Research NIPER SAS Nagar, Mohali

DOI:

https://doi.org/10.33516/maj.v58i10.30-37p

Keywords:

No Keywords

Abstract

Cautious use of natural capital and increased use of renewable energy creates sustainable grounds for a circular economy, an economic model that emphasizes on reusing and recycling materials to reduce the consumption of natural resources and prevent creation of wastes. Housing over 11,000 pharmaceutical manufacturing units, the Indian Pharmaceutical Industry (IPI) makes extensive use of natural resources. The present study highlights the disclosures made by top 15 pharmaceutical companies listed in India, regarding the use of natural capital and efforts made by these companies for sustainability development.

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Published

2024-03-23

How to Cite

Angrish, A. K., Batra, R., Bansal, S. K., & Adkonkar, A. (2024). Renewable Natural Capital and Energy for Sustainable Development in India: A Study of Pharmaceutical Industry in India. The Management Accountant Journal, 58(10), 30–37. https://doi.org/10.33516/maj.v58i10.30-37p

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Section

Cover Story

References

Annual reports of top 15 listed companies for Financial Year 2020-2021

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