Observational analysis uncovers gaps in ESG compliance and greenwashing issues in Indian firms, suggesting urgent reforms.
Key Points
Mandatory ESG disclosures reveal significant gaps in compliance among corporations in India, highlighting systemic enforcement issues.
Legal frameworks such as SEBI’s BRSR and the Companies Act are essential for promoting corporate environmental responsibility, yet challenges persist.
The mixed-methods approach, utilizing case studies and interviews, effectively identifies operational hurdles and the prevalence of greenwashing in corporate practices.
The findings call for a comprehensive policy roadmap to enhance legal accountability mechanisms and ensure robust ESG governance.