Title: An analysis of firms' environmental performance: an empirical study of Carbonex firms in India

Authors: Jeevesh Sharma; Suhasini Verma

Addresses: Department of Business Administration, Manipal University Jaipur, Dehmi Kalan, Off Jaipur-Ajmer Expressway, Jaipur, Rajasthan, 303007, India ' Department of Business Administration, Manipal University Jaipur, Dehmi Kalan, Off Jaipur-Ajmer Expressway, Jaipur, Rajasthan, 303007, India

Abstract: The purpose of the study is to analyse the extent of corporate social responsibility (CSR) disclosures relating to firms' environmental performance, made by leading firms indexed in BSE Carbonex in India. The duration of the study is from 2015-2019 and content analysis has been used. The results show that there are significant discrepancies in the spending of CSR on the listed dimensions with a relatively smaller chunk of funds being channelled towards environmental performance. It is easily ascertained by the results that some arenas are barely disclosed whereas some areas are sufficiently reported. The managerial implication of the study is that it provides a wide picture of firms' environmental and corporate social responsibility (CSR) disclosure practices. The findings may help the management to formulate strategies for better environmental performance. It also provides the policy prescription to the government to make stringent rules to arrest the erratic climate change.

Keywords: CSR disclosure; environmental performance; carbon disclosure.

DOI: 10.1504/IJBSR.2023.134463

International Journal of Business and Systems Research, 2023 Vol.17 No.6, pp.603 - 621

Received: 19 May 2021
Accepted: 28 Sep 2021
Published online: 24 Oct 2023 *

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