Sustainability Report in Order to Improve Energy Efficiency in Indian Industry

Akhil Subramaniam, Ricardo Manso and Teresa Eugénio ()
Additional contact information
Akhil Subramaniam: Polytechnic Institute of Leiria
Ricardo Manso: Polytechnic Institute of Leiria
Teresa Eugénio: Polytechnic Institute of Leiria

A chapter in Rethinking Management and Economics in the New 20’s, 2023, pp 219-246 from Springer

Abstract: Abstract In this context, the objective of this study is to contribute to the debate on how we can promote the installation of renewable energy systems in companies. To this end, this study focuses on the sustainability reporting of Indian companies, specifically. Their energy disclosure in order to improve energy efficiency and self-auto sufficiency. A content analysis of the sustainability reports and some statistical tests were conducted to better understand what Indian companies disclose about energy and whether there is a relationship between the disclosed information. The findings led to the conclusion that out of the sample analyzed, 10% do not disclose any energy information. The most reported information refers to “Energy Disclosing company's energy policies” and “Conservation of energy in the conduct of business operations”. And that when companies disclose “Energy consumption outside of the organization” they also disclose their “Energy consumption within the organization”. The same with “Reductions in energy requirements of products and services” and “Reduction of energy consumption”. In other words, there is a correlation between the disclosure of these topics. Most reports let companies prefer to use solar energy (70%). The electricity price can also be an important variable in this role. This shows that most Indian companies are concerned about reporting information on their energy management, but there is still a lack of information and a long way to go to achieve excellence in energy efficiency. The importance of government policymaker’s promoting clean energy and fulfilling the demands of electricity in all sectors will fuel long-term economic growth. It is important that legislative changes remove obstacles and boost the adoption of renewable energy in the future. So, this study can therefore be a practical contribution to this debate.

Keywords: Sustainability report; Energy efficiency; Content analysis; India (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-19-8485-3_9

Ordering information: This item can be ordered from
http://www.springer.com/9789811984853

DOI: 10.1007/978-981-19-8485-3_9

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().