Corporate Sustainability Practices in Indian Automobile Industry: Enhancing Government Initiatives, Economic Improvements, and Environmental Practices

Abstract

Even though automobile manufacturers are striving to address sustainability issues by introducing corporate sustainability practices, there is limited studies related to this issue. This study aims to identify valid and accurate CSP, analyze causal interrelationships between aspects under uncertainty, and propose the criteria for practical implementations. This study proposed six aspects and seventy-three criteria. By employing a Fuzzy decision-making trial and evaluation laboratory (DEMATEL), our result confirms 39 criteria out of 79 original criteria. The most important aspects were organizational structure, societal features, technological utilization, actions taken by the government, and innovative ideas. The most significant criteria are assurances of security and auditing, sponsorship of sporting or recreational projects and gifts, support for arts and culture, awards related to social sustainability, internal control mechanisms, environmental management systems, and product environmental impacts. This research contributes to the existing corpus of knowledge by identifying the fundamental CSP characteristics required to facilitate the achievement of sustainable organizational goals, and then identifying the causal interrelationship between those characteristics. In addition, this study offers suggestions for policy makers to focus on governmental initiatives business social consciousness, technological innovation, and sustainable organizational culture in order to enhance CSP.