Sustainability Reporting of NIFTY Top Five Companies: A Secondary Analysis

Abstract

Sustainable Reporting (SR), is becoming an increasingly important component of a company’s overall health, which takes into account both its financial and its non-financial aspects. It analyses a company’s practices in terms of how its social, environmental, and economic performance is reported. This is done with the goal of providing information that is transparent and trustworthy on the sustainability practices of a company. This research analyses, compares, and investigates the sustainability reporting of the top five companies on the NIFTY index, taking into account the size and profitability of each company. Secondary sources have been used for purpose of collecting data for the research. The major companies that have been considered for the research include Reliance Industries, HDFC Bank, ICICI Bank, Infosys, and Tata Consultancy Services (TCS) and their performance during the past five years, from 2017 to 2022. The role of regulatory institutions such as SEBI and RBI in ensuring that compliance standards are met is also an essential element in SR and has been discussed in this paper. The findings have important implications for organizations and academic institutions as well as decision-makers in government which are into sustainability reporting. The results of the analysis can be put to use by companies in order to design and develop effective policies and legislations and devise means to report on sustainability.