Siddhant- A Journal of Decision Making
  • Year: 2025
  • Volume: 25
  • Issue: 1

CSR Leads to Sustainability, ESG and Inclusiveness: An Initiative by Industries to Create Good Governance

1Research Scholar, Department of Management, Biju Patanaik University of Technology (BPUT)

2Professor, Centre for Agri Management, Utkal University

*Corresponding author email id: mousumibbsr2018@gmail.com

**sasmitasenapati@gmail.com

Online Published on 22 August, 2025.

Abstract

As there are growth and development of multi-nationals across the globe, so are the challenges associated with this like climate variability, societal disparity, ineffective governance and so many. So industries are now progressively adopting Environmental, Social and Governance (ESG) policies and inclusiveness and are prioritizing the Corporate Social Responsibility (CSR) policies. The whole intention of writing this paper is to analyze the combine impression of CSR undertakings leading to sustainability, ESG and inclusiveness in order to create Good governance. The paper provides an insight how industries have integrated the CSR leading sustainability, ESG and social inclusivity so that its’ brand image can never be questioned. This is accomplished by conducting immense study of the literature and 5 years data analysis of different industries CSR activities. The result of this study gives a better grasp how CSR within the framework of Sustainability, ESG and social inclusivity work and help the industries like (MCL, ITC, Hindustan Unilever, Adani Group, Mahindra & Mahindra, TATA Steel and TATA group) for Good Governance and reputation. This paper is purely conceptual basing on the facts and figures of the previous data published in websites. The researchers have tried to establish a linkage between Sustainability and Good Governance keeping other factors as torch bearer to establish the relationship. In future, there is a scope to establish the relationship by empirical study by doing survey of the beneficiaries.

Keywords

Corporate social responsibility (CSR), Sustainability, ESG, Inclusiveness, Good governance