Impact of Sustainability Performance of Company on its Financial Performance: A Study of Listed Indian Companies

Abstract

Sustainability is a crucial issue for corporate world today. The interest of investors in Socially Responsible Investment (SRI) has grown substantially over last decade. Thus, sustainability has potential to influence company performance. The purpose of this paper is to find “whether sustainable companies are more profitable”. Various researches were conducted in past for examining this relationship. Results, however, have been mixed and inconclusive. Moreover, most of the studies have been conducted in context of developed countries.

Keywords: Corporate Sustainability, Financial Performance, Corporate Social Responsibility (CSR), Sustainability Reporting, Socially Responsible Investment (SRI), Global Reporting Initiative (GRI).

JEL Classification: D92, F65