A Critical Study On Environmental Sustainability Under Corporate Social Responsibility In India

Abstract

The key concern for business economic growth, environmental management, and community development is today environmental sustainability. Ignoring environmental issues can result in resource degradation and depletion, which could be harmful to society as a whole as well as the corporate sector's businesses. The scope of corporate social responsibility includes the endeavours made by businesses and corporations for the benefit of society and to ensure a healthy environment. CSR activities were previously carried out in a philanthropic and charitable manner, but they are now required for business industries. The CSR is now required by the recently passed Companies Act of 2013, which has established precise rules for its implementation. The Companies (Corporate Social Responsibility Policy) Rules, 2014, Section 135 of Schedule VI of the Companies Act, and their provisions went into effect on April 1, 2014, and they gave a list of CSR activities. In CSR. The welfare of human society benefits from the inclusion of environmental concerns, which, if fully implemented, can make a significant contribution to sustaining a healthy environment. This article attempts to address the duties that corporations have to the environment under the recently passed Companies Act of 2013 and Companies (Corporate Social Responsibility Policy) Rules of 2014. This article has covered the essential components of SR activities in relation to sustainability and environmental preservation