Published Paper Details:

Climate change, community health, education and development and business sustainability are some of the most important issues now. In a world of changing expectations, companies must account for the way they impact the communities and environments where they operate. Businesses can sustain their growth only if society is generally satisfied with their overall contribution to social well-being. This raises the importance of accuracy and transparency in accounting for and reporting these activities. Businesses can't afford to function and survive in the long run unless they behave in a legitimate and socially responsible manner. Governments of various countries began to scrutinize the activities of companies under the different dimensions of sustainable development. For this Sustainable Reporting was introduced as a tool to measure the performance. Sustainability Reporting (SR) or Non- Financial Reporting (NFR) is the process of communicating the social and environmental effects of organizations to particular interest groups within society and at large. With this background this paper highlights the sustainability framework along with the advantages and challenges faced by Indian corporate.