Legal Framework for Corporate Sustainability Reporting in India

Abstract

This paper constructs a legal framework for explaining Corporate Sustainability Reporting practices by companies. Sustainability can force innovation with the aid of using introducing new layout constraints that form how key assets are utilized in merchandise and processes. Organizations that acknowledged and embody the important drivers for sustainability will reap the final blessings of market possibilities and green commercial enterprise operations. Numerous organizations are involved with sustainability obligations, and they need a holistic vision to benefit sustainability. This calls for a dynamic framework which shows the attitude of sustainability. Therefore, there may be a need to assess the prevailing sustainability frameworks and highlight the gaps and inconsistencies within the related literature. The literature observed out vital sustainability (economic, environment and social) and decisional paradigm (strategic, tactical, and operational) which needs to be considered in sustainability implementation frameworks. The sustainability and decisional paradigm show the major perspective of sustainability implementation. The integration of these paradigms will be great for successful sustainability implementation project. In the present study, the researcher tried to explain a proper and efficient mechanism concerning the legal aspect.