Environmental Disclosure Practices in India (A Comparative Study Of Tata Consultancy Services And Wipro Ltd.)

Abstract

This study has been undertaken to compare and evaluate the environmental reporting practices followed by the top two Information Technology service companies working in India. Tata Consultancy Services and WIPRO are examined, which are among the top five companies in the global A list in the Global Reporting Initiative (GRI Index). The objective of this research paper is to lay emphasis on environmental disclosures at the corporate level and understand the importance of green accounting. In this study, five successive sustainability reports of both companies are examined on the various parameters such as water conservation, waste management, Greenhouse gas (GHG) emissions, energy conservation, etc., and comparative analysis is performed. Corporates are voluntarily disclosing environment-related information in their annual reports. However, there is no set standard practice to disclose such information, due to which wide disparities could be seen in these reports.