IJSR - International Journal of Scientific Research

Jugal Kishore Barman; Prof Hem Chandra Gautam

Volume : V, Issue : XI, November - 2016

Corporate Environmental Disclosure by Indian Companies Ã¢â‚¬â€œAn Empirical Analysis

Jugal Kishore Barman, Prof Hem Chandra Gautam

Abstract :

?e disclosure and reporting practices of corporate entities about the effects of their activities on the environment is generally termed as corporate environmental disclosure. ?e study examines the regulatory framework prescribed for reporting and disclosure of environmental issues by corporate entities and the extent of environmental information disclosure by corporate entities through their Corporate Annual Reports (CARs) in India. CARs relating to the year 2014– 15 of 12 companies listed in the BSE SENSEX, were studied for the purpose with the help of an “Environmental Information Disclosure Index” (EIDI). ?e results indicate that apart from the mandatory requirements, disclosures practices of Indian corporate houses are satisfactory and they have fared well in assuming the responsibility of environmental information disclosures. ?ere are also evidences of Indian companies voluntarily joining international initiatives focused towards sustainable environmental practices and disclosure