Commerce

Sustainable finance is a very important term which needs to be considered in a proper context of firm's financial performance as well as reporting practices. The paper studies the impact of environmental, social and governance variables on financial performance of Hero Motorcorp. The study is conducted from 2018-19 to 2022-23. The study is conducted using multiple regression analysis. The findings of the study suggest that environmental and social variables have impact on return on capital employed and return on net worth. The study provides useful insights as, impact of such sustainable measures have significant impact on investor's perspective for investing in sustainable firm. Through illuminating the concrete impacts of sustainable practices on financial performance, this study offers significant perspectives to scholars and practitioners in the sector. The study facilitates informed decision-making by providing clarity on the connections between sustainability activities and financial outcomes. This helps stakeholders make more ethical investment decisions and encourages the implementation of sustainable corporate practices. As a result, the results emphasize how crucial it is for businesses to view sustainability as a strategic imperative, both to improve their financial performance and to build long-lasting relationships with investors who understand the long-term value creation that sustainable businesses provide.

The requirement of employees' welfare has been a significant requirement for many years. United Nations have framed the policy of sustainability in which the employees' welfare has been given a major part. Sustainable Development Goals: respectively SDG 3 which deals with good health and wellbeing and SDG 8 which deals with decent work environment. The study focuses on impact of employees cost on firm's sales and enterprise value (market value). The study is conducted on selected companies of BSE pertaining to different sectors. The study provides highlights on importance of employees' welfare and, to find out the possible impact of major financials of selected companies on employees cost. The research design of the study is longitudinal study from 2013-14 to 2022-23. The study is conducted by employing statistical techniques such as regression analysis with 5% level of significance.

International Sustainability 'Standards Board is a board setup by International Financial Reporting Standards (IFRS) in the year 2021-22. The main intention to set up the board'was to create proper set of standards of reporting for the corporate firms around the world. , so the investor can make a proper investment decision for investing in such firm which contributes in environmental, social and sustainable approach. It is set as IFRS-S where, S stands for sustainability. When it comes to India, India has also been pro-active while adopting international reporting requirements. Indian security regulation board SEBI, shifted from Business Responsibility Reporting (BRR) to Business Responsibility and Sustainable Reporting (BRSR), it is mandatory for all top 1000 companies listed in Sensex and Nifty. In this paper, the brief overview of ISSB will be given and five companies listed in Both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be evaluated on

The word sustainability is very referential in the current changing scenario of corporate as well as environmental policies. The sustainable financial practices and policies of the MRF tyres have been quite robust for quite specific time period. The company follows the mandatory guidelines issued by SEBI for sustainable reporting. The study focuses upon the study of sustainable finance score of MRF tyres, the study is conducted for 5 years (2018-19 to 2022-23), various statistical tests have been conducted in the study including Pearson correlation, Durbin Watson and Linear regression. The result of the study indicates that Durbin Watson test of environmental score as well governance score signifies positive autocorrelation with financial score, whereas social score signifies negative autocorrelation with financial score. The significance values indicates that all null hypotheses are accepted on the basis of 5% level of significance, however for social score and governance score, null hypotheses are rejected at 10 % level of significance.

Sustainable financial measures are the dominant requirement of this century. The measures taken by the Indian companies have been significant in recent years, especially after the situation of pandemic, the urgency of sustainable reporting has taken the toll and many Indian corporate firms have been taking steps beyond the governmental regulations towards sustainability. The JSW steel is one of the main leading companies in steel sector and the case study is based on sustainable financial measures taken by the company. The scope of the study is from 2019-19 to 2022-23. Correlation results indicate that environment and governance factors have positive correlation on financials and social factors have negative correlation on financials. The significance value indicates that the Null hypotheses are accepted for all factors. The Durbin Watson test indicates positive autocorrelation of social and governance factors on financials while negative autocorrelation of environment on financials of the company.