The Role Of Corporates In Promoting A Sustainable Environment

Abstract

Corporate entities, as significant economic agents, play a pivotal role in achieving the Sustainable Development Goals (SDGs), especially concerning environmental sustainability. This research analyzes the contributions of corporations to environmental protection and sustainable practices using secondary data from global sustainability indices, corporate ESG disclosures, and institutional reports. The study explores regulatory initiatives such as SEBI’s BRSR framework, the CSR mandate under the Indian Companies Act, and global initiatives like UNGC, GRI, and CDP. Corporates have emerged not only as polluters but also as catalysts for sustainable innovation through green technology, resource efficiency, and carbon neutrality pledges. While statutory frameworks have enforced compliance, voluntary actions by industry leaders demonstrate strategic alignment with environmental values. The paper concludes that the growing convergence of environmental performance with corporate competitiveness will continue to influence the sustainability landscape globally.