How green are the reds? The ESEG reporting trends in high-impact industries
DOI:
https://doi.org/10.64171/JSRD.5.S1.146-152Keywords:
Sustainability, Red industries, ESEG disclosures, Environment, Social, Governance, EconomicAbstract
Purpose: The purpose of this paper is to comprehensively analyse the sustainability reporting (SR) practices of Indian companies in terms of ESEG disclosures, where ESEG stands for Environment, Social, Economic, and Governance, and to investigate the differences in sustainability reporting practices by different companies.
Methodology/Approach: Data are collected from annual reports/BRR/CSR /sustainability reports, and BRSR reports for the period (2021-22 to 2024-25) of Red category companies listed on the NSE 500 index. The content analysis technique is used with NVivo 15 software.
Findings: The analysis of ESEG disclosure among Red category companies in India revealed significant trends using NVivo 15. Most industries are concentrated on governance and economic disclosure indicators, while very little concern is shown towards environmental issues. Different companies under industries have inconsistencies in reporting towards ESEG indicators under sustainability reporting.
Research Implications: This study will help to gauge the extent to which manufacturing companies are participating in social and environmental initiatives beyond their legal obligations, contributing to the well-being of communities and the environment.
Originality/value: This study is among the foremost in India to evaluate ESEG practices of Red category companies listed on the NSE 500 index in the wake of the mandatory BRSR requirement.
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