ESG in India: It is Time to Take Notice

Abstract

ESG is essential in corporate social responsibility (CSR) and corporate governance. This paper aims to study the ESG material factors the top 10 Indian companies adopt to increase their ESG scores, and this research paper discusses previous research's limitations, implications, and perspectives for the future of India. In addition, the form tries to study corporate manageability, ways of behaving, and drivers mentioned in the company's ESG materiality factors disclosures. This research paper focuses on India's top 10 ESG-rating listed companies in NIFTY 50 based on their ESG disclosure year to the latest FY (2013-2021) score in India. It reveals some interesting examples and advancements. The evaluation of chosen organizations' manageability drives showed that key natural maintainability objectives, for example, lessening ozone-harming substance discharges, further developing energy proficiency, obtaining environmentally friendly power energy, proficient water use, squandering the board, and waste reusing, overwhelm their aspirations and that they don't give equivalent need to the social part of ESG ventures. Through a systematic literature review and critical analysis of India’s Top 10 ESG-scoring companies in Nifty 50 disclosure policies, this paper shows the advancement of ESG in India and a critical examination of the theoretical rules and regulations by SEBI basis of Indian corporate sector step toward research in ESG, the link between the extension of ESG in India, Economic consequences after implementation of ESG and affect of ESG disclosure policies adopted by top 10 corporates in India. This paper extends to show the progress and failings of ESG research and focuses on the future of ESG in India to give an allusion to the academic study and practice of ESG incorporates. Keywords: Business Industry, BRSR, Disclosure Policies, ESG, Government Acts