Evaluating the Progress of Indian Multinational Corporations Towards SDG’s: A Theoretical Review

Abstract

The notion of Sustainable development is gaining huge importance in the Contemporary world. In this era of Globalisation, we are continuously facing the threat of depleting stock of Natural resources, contamination of air, water and land, increasing income inequalities, unemployment and inflation, hunger, poverty, illiteracy and so on in certain parts of the world.
In such a scenario, the corporate entities or the business houses whether Domestic or International, can play a pivotal role in ensuring not only delivery of good quality products and services to their target markets, but ensuring the attainment of sustainable development for all.
The concept of Sustainable development can ensure inclusive and holistic growth of any nation, only when sustained and consistent efforts are made, not just by the National, state or local Governments but by all the concerned stakeholders including the Global Business Corporations.
This research paper shall focus on evaluating the progress of Indian Multinational Companies in attaining the sustainable Development and achieving the targets they had set under SDG’s as per the UNO in 2015.
Use of descriptive and qualitative research methodology has been undertaken throughout the research based on extensive and detailed review of the existing literature and research articles in accordance with the theme, extracted from various journals, websites, news articles, blogs, etc.
The article will provide deep insights on the practices, challenges, strategic framework, policies adopted by the corporations in the attainment of achieving sustainability in their operations in accordance with SDG’s.