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This thesis provides a comprehensive analysis of the implementation of Business Responsibility and Sustainability Reporting (BRSR) within the Indian Automotive and Real Estate industries. These sectors are of paramount importance to the Indian economy, significantly contributing to the nation's Gross Domestic Program (GDP), employment rates, and technological advancements. The automotive industry, being a cornerstone of manufacturing and innovation, plays a vital role in the production landscape. The real estate industry, crucial for urban development, addresses the housing needs of a growing population and contributes to infrastructure development.
The primary objective of this study is to identify the industry-specific material topics, comparing the BRSR Implementation within Industries peers, and the overall impact of BRSR on corporate sustainability performance. Employing a comparative peer benchmarking approach, the research meticulously examines BRSR reports from leading companies within each industry. This methodology allows for a nuanced understanding of how various industries implement and manage sustainability reporting, revealing both significant differences and shared practices.
Best practices observed across these industries involve maintaining transparency in reporting processes, adopting internationally recognized sustainability standards, engaging stakeholders through innovative methods, and implementing robust systems for data collection and analysis. These practices not only ensure compliance and enhance transparency but also foster a culture of continuous improvement in sustainability performance.
The research findings highlight the varying maturity levels and strategic approaches to BRSR within industries. The automotive sector demonstrates a robust emphasis on technological innovation and sustainable supply chain management. The real estate sector prioritizes environmental impact reduction and resource efficiency, reflecting its significant ecological footprint.
In conclusion, while both industries exhibit strong commitments to sustainability, their approaches reflect their unique operational contexts. The efforts contribute significantly to India's sustainable development goals, showcasing how industry- specific strategies can drive corporate responsibility and sustainability. This research not only highlights the current state of BRSR implementation but also provides a roadmap for future improvements, encouraging continuous advancement in corporate sustainability practices.
Keywords: Business Responsibility and Sustainability Reporting, Automotive Industry, Real Estate Industry, Telecommunication Industry, Corporate Sustainability, Peer Benchmarking, Best Practices, Industry-specific Material Topics, Sustainable Development, Transparency, Stakeholder Engagement.
