Caring and Compliances in Doing Responsible Business

Indian companies also are part of the ESG compliances based on a
set of indicators. The ability of the organization is dependent upon
the policy frame and model designed. Many firms are empowered
to access capital at a lower cost by building investors’ confidence.
(Pathak, 2023) Indian businesses are committed to ESG principles but
their preparedness and action plan reveals a gap. Only 15% believe
their suppliers to be prepared to comply with the organizations
based on the principles of ESG. (Dethe, 2023) The idea of ESG and
sustainability compliance is heatedly discussed in global meets
and summits. The challenge here is aligning the policy, obligation
to 3pillar parameters and commitment is looked for. So, who could
guide companies at this incessant stage? Guidelines initiated by the
Ministry of Corporate Affairs in harmonization with central and state
ministries have drafted National Action Plan on Business and Human
Rights. Based on the discussion firstly, the research paper would
overview the ESG scenario from a global perspective as well Indian
readiness for ESG compliances. Secondly, would examine those
organizations being part of world sustainable membership that
have met the ESG requirements with adaptive model designs. Not all
Indian firms have been ranked on the top while, few companies are
yet to board. In this context, selective firms from the Indian context
are analyzed. Lastly, the research paper would conclude those
practices that would improve confidence