Evaluating the Strategic Alignment of Corporate Social Responsibility Initiatives with Sustainable Development Goals in Indian Corporations

Dr. Manjula Grover

Corporate Social Responsibility, Indian Corporations, Inclusive Growth, Sustainable Development Goals, Responsible Business Practices, Sustainability Frameworks

Corporate Social Responsibility has emerged as an integral element of modern business strategy, significantly reshaping how corporations in India approach their role within society, especially after the introduction of Section 135 of the Companies Act, 2013. In recent years, Indian businesses have increasingly recognised the importance of aligning their corporate social responsibility initiatives with the United Nations’ Sustainable Development Goals, aiming for a broader social, economic, and environmental impact. This research paper evaluates how leading Indian corporations strategically integrate corporate social responsibility activities with the sustainable development goals framework, examining the effectiveness, challenges, and outcomes of such alignment. The research employs a qualitative case study method with five major Indian companies – Hindustan Unilever, Tata Group, ITC Limited, Reliance Industries and Infosys – as subjects for understanding the degree of alignment, strategic orientation, and measurable effect of CSR practices. The comparative analysis yields meaningful examples of best practices, constructive solutions, and areas of improvement. The research reinforces the importance of the multilateral collaboration between business, governmental organisations, and civil society, to enable more effective achievement of sustainable development goals. The research concludes with recommendations for practical improvement in strategic alignment, reporting transparency, and measurable impact, and offers contributions to academics, policymakers and business leaders invested in sustainable and inclusive growth in India.

Volume 8 Issue 12, December-2023

Pages : 890-903