IIMS Journal of Management Science
issue front

Arpita Ghosh1, Ananya Das2 and Poulomi Bhattacharya2

First Published 10 Dec 2024. https://doi.org/10.1177/0976030X241290301
Article Information Volume 16, Issue 1 January 2025
Corresponding Author:

Arpita Ghosh, Symbiosis Centre for Management Studies, Symbiosis International (Deemed University), Pune, Maharashtra 412115, India.
Email: arpi.335@gmail.com

1 Symbiosis Centre for Management Studies, Symbiosis International (Deemed University), Pune, Maharashtra, India

2 Indian Council for Research on International Economic Relations (ICRIER), New Delhi, Delhi, India

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.0/) which permits non-Commercial use, reproduction and distribution of the work without further permission provided the original work is attributed.

Abstract

Supporting systems and measures continue to proliferate worldwide as more nations declare their commitment to net zero in response to adverse climate changes. To achieve net zero by 2070, it is crucial that Indian businesses focus on business sustainability by incorporating detailed information related to sustainable development goals in their disclosures. This study discusses critical focus areas based on three dimensions, namely economic, social, and environmental using bibliometric and sensitivity analysis for integrating the issue of sustainability into the business operations in India. Businesses that embrace sustainability can reduce risks, add value for stakeholders and forward the objectives of sustainable development. R-studio and VOS viewer were used to conduct bibliometric analysis for the last 30 years publication in this domain on 506 documents published. The study critically puts forward ways to increase the general public’s understanding of environmental issues using sensitivity analysis. The study identifies lack of government funds, green taxonomies, peer group discussions, and training programs that could lead to new possibilities for developing a sustainable environment in India. Furthermore, the study aims to assist managers upholding sustainability values in comprehending the relevant green practices. The study’s findings indicate the need for additional future investigations that empirically examine the components of sustainable organizational success.

Keywords

Sustainability, strategy, supply chain, organizations, ESG

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