Authors :
Akkas Aki
Volume/Issue :
Volume 8 - 2023, Issue 7 - July
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/ywpu6dwp
DOI :
https://doi.org/10.5281/zenodo.8268904
Abstract :
This study examines the performance, drivers,
challenges, and best practices in ESG reporting from 10
different sectors in 30 BSE listed companies. A mixed
methodology approach was used find the results of
research questions and objectives by adopting the PWC
ESG framework. Secondary data were collected from all
publicly available reports (Integrated Annual, Annual,
Sustainability, ESG, BRSR, and CSR policy reports.
Primary data were collected through a structured
questionnaire from 17 companies' top management-level
employees. Our analysis shows that companies have
better governance policy disclosure and reporting than
environment and social. In the case of sectoral analysis,
ICT companies have higher ESG disclosure with broad
area coverage of qualitative and quantitative data, next to
the Finance & Insurance and Oil & Gas sectors. This
paper also found that customers, government regulations
are the key drivers of ESG performance in India. On the
other hand, lack of quality data, inefficient human
resources, and lack of coordination at company levels are
the significant challenges to ESG integration in Indian
companies. Future researchers can conduct scientific
research-oriented studies that companies prefer in place
of consulting studies for integrating sustainability into
working and improving disclosure.
Keywords :
ESG performance; ESG drivers in India; best practices; BSE listed companies.
This study examines the performance, drivers,
challenges, and best practices in ESG reporting from 10
different sectors in 30 BSE listed companies. A mixed
methodology approach was used find the results of
research questions and objectives by adopting the PWC
ESG framework. Secondary data were collected from all
publicly available reports (Integrated Annual, Annual,
Sustainability, ESG, BRSR, and CSR policy reports.
Primary data were collected through a structured
questionnaire from 17 companies' top management-level
employees. Our analysis shows that companies have
better governance policy disclosure and reporting than
environment and social. In the case of sectoral analysis,
ICT companies have higher ESG disclosure with broad
area coverage of qualitative and quantitative data, next to
the Finance & Insurance and Oil & Gas sectors. This
paper also found that customers, government regulations
are the key drivers of ESG performance in India. On the
other hand, lack of quality data, inefficient human
resources, and lack of coordination at company levels are
the significant challenges to ESG integration in Indian
companies. Future researchers can conduct scientific
research-oriented studies that companies prefer in place
of consulting studies for integrating sustainability into
working and improving disclosure.
Keywords :
ESG performance; ESG drivers in India; best practices; BSE listed companies.
