Sustainable Disclosure Practices: A Study of Sensex Companies in India

Abstract

Companies are making ample efforts to shrink unsustainable practices and for this the best method is to be accountable by providing sustainability reports. The present study seeks to assess the extent and level of sustainability reporting in India. For this purpose, 14 companies producing separate sustainability report (2010-11) out of 30 SENSEX companies comprise the sample set. Content analysis has been applied as a data collection tool. Descriptive analysis of these sustainability reports have been done at three levels- company-wise, industry-wise and categorywise. The company-wise disclosure analysis reveals that TATA Steel has secured the highest rank shared by Tata Consultancy Services while industry-wise analysis shows that Computer Software is the highest reported industry group. Further one way ANOVA has been applied for inter-industry wise disclosure but no significant difference was found. Category-wise analysis indicates that companies disclose about their �Strategy & analysis� the most.