Inicio  /  Administrative Sciences  /  Vol: 13 Par: 7 (2023)  /  Artículo
ARTÍCULO
TITULO

A Study on Sustainability and ESG in the Service Sector in India: Benefits, Challenges, and Future Implications

Leonidas Efthymiou    
Ambika Kulshrestha and Sandeep Kulshrestha    

Resumen

At the intersection of digitization and sustainability, the current article explores the application of environmental, social, and corporate governance (ESG) in the service sector in India. The analysis draws on findings collected through questionnaires and interviews (mixed methods) with managers at middle, senior, and top levels of the hierarchy. The findings suggest that technology can both facilitate and hinder the sustainability effort; therefore, the implications on internal stakeholders, such as workers and managers, can be both positive and negative. Additionally, technologies that are taken for granted in certain parts of the world may be inappropriate in the Indian context. As a result, sustainability frameworks are implemented selectively rather than holistically. The adoption of an ESG framework has a largely positive impact on investors. While companies do not place much emphasis on employees? wellbeing and ?human rights?, they still link ESG to ?Supply Chain Sustainability?. Contributing to the signaling theory, there is also evidence of firms? motivation to adopt ESG practices for the purposes of legitimacy and forming external stakeholders? perceptions. The current study is both timely and important due to the high interest in the application of tools facilitating sustainability performance. The study contributes to both the literature and practice, since it adds to our understanding concerning the challenges faced by firms in implementing ESG practices, whereas it also enables administrators to identify areas for the further development of sustainable practices.

 Artículos similares

       
 
Aristotelis Mavidis, Dimitris Folinas, Dimitrios Skiadas and Alexandros Xanthopoulos    
This study aims to deepen our understanding of the evolving landscape of public procurement (PP) and emerging technologies (ET). It addresses the critical gap in scholarly production analysis, author collaborations, and thematic trends in PP and ET, prov... ver más

 
Md. Tota Miah, Zoltán Lakner and Mária Fekete-Farkas    
The increasing social and environmental challenges, particularly poverty, have brought social entrepreneurship, a highly researched domain, to the attention of academicians. It has emerged as a critical issue in the context of economic development and so... ver más

 
Filipa Campos, Conceição Gomes, Cátia Malheiros and Luís Lima Santos    
Environmental aspects are considered a specific process that requires a multidisciplinary analysis, as the application of indicators in organizations stems from effective performance management; the tourism sector is no exception. In 2015, the United Nat... ver más

 
Evelina Maria Oliveira Coutinho and Manuel Au-Yong-Oliveira    
The pandemic marked the beginning of a succession of events on a global scale (not the least of which is a greater concern for the environment and for quality of life/distance work) with a major impact on the economy. Innovation plays a key role in meeti... ver más

 
Omar Chabán, Alfredo Flores-Hernández, María Eugenia López-Pérez and Miguel A. Ruz-Mendoza    
Society in general, and markets in particular, are increasingly sensitive to principles linked to corporate social responsibility (CSR) and sustainability. The literature is prolific in this vein?providing a broad range of research covering the terms? me... ver más