Sustainability and GHG Emissions: An Empirical Study of Strategies and Practices of Organizations in India

Harpreet Singh¹, Divya Rana², Syed Md Faisal Ali Khan³ 
(1. College of Agribusiness Management, Govind Ballabh Pant University of Agriculture and Technology, India;
2. Department of Business Administration, FEA, King Abdulaziz University, Jeddah, Saudi Arabia;
3. Department of MIS, College of Business Administration, Jazan University, Jazan, Saudi Arabia)

Abstract: The purpose of this paper is to explore the consciousness and sustainability practices of organizations in India. The study significantly lays down sustainability practices of organizations in India across various industries. Within an industry top two firms having available sustainability practices were selected for research. The findings revealed organizations are aware of customers’ focus towards sustainability issues. Manufacturing and mining industry are adopting sustainability practices having planned and structured approach and are continuously documented these in their annual reports/sustainability reports while few industries are at nodal stage of sustainability practices. Legislative measures with audits are required to ensure sustainability. This paper will be useful in identifying policies being followed by organizations, analyzing areas of improvement, Government sector to make new policies specially for environment and to any Indian industry in understanding and comparing its sustainability initiatives with its peer in that industry.

Key words: sustainability; GHG emissions; environmental strategy; climate change; global warming; India

JEL code: Q56