ABSTRACT

This chapter presents an analysis of business sustainability in view of environmental management in Indian companies. It analyses the interrelationship between corporate profitability and corporate social responsibility (CSR) practices, especially in the context of environmental management. The importance of integrating environmental protection and other CSR issues into policies for inclusive growth remains vital to achieve targets of sustained business. Environmental performance indicators (EPI) are the ‘basic commitment statements’ towards societal development. An EPI score has been provided to companies on the basis of information obtained by analysing questionnaires, annual and sustainability reports, and other information available on websites. EPIs are used as tools in product design, measuring environmental impacts, environmental accounting, auditing systems, and performance evaluation. EPIs are mainly related to environmental policy, compliance, energy, consumption of raw materials, waste management, carbon emissions, sustainability reporting, training and awareness, water harvesting, greening the supply chain, and corporate fuel performance.