Corporate Social Performance and Sustainability Reporting -A Comparative Analysis of selected Indian Companies

This paper is about the corporate social performance of selected companies according to sustainability reporting guidelines given by Global Reporting Initiatives (GRI). It is a comparative analysis of selected companies on the basis of social performance disclosure as per sustainability reporting social performance indicators given by GRI &the amount spent for fulfilling corporate social responsibility.

Data of three financial years i.e. 2010–11, 2011–12 & 2012–13 have been collected from annual reports and sustainability reports of selected companies (Coal India, Steel Authority of India, Tata Steel Ltd., Hindalco Industries). Appropriate statistical tools (Percentage, Mean, Anova, Rank etc.) have been used. Companies have been ranked on the basis of corporate social performance activities and CSR expenditure. Anova has been used to test the hypothesis.

This study shows a comparative analysis of selected companies. Results of this study show that highest profit making company is not necessarily be the most responsible company in relation to social performance and sustainability reporting. It may be possible that companies having more profit are spending less % of its profit on CSR activities.

Main limitation of this study is that it is based only on secondary data given in annual reports and sustainability reports of selected companies. Sample size i.e. (4 companies) is small. This study can be conducted on larger sample size.