ABSTRACT:In recent years, sustainability reporting has become an important part of corporate reporting. Earlier, companies mainly reported their financial performance through information such as sales, profit, assets and liabilities. Today, however, investors and other stakeholders are also interested in how companies address environmental, social and governance issues. Information on pollution, use of natural resources, employee welfare, social activities, business ethics and corporate governance can influence how stakeholders view a company. This study examines the relationship between sustainability reporting and stakeholder decision-making, with specific attention to environmental, social and governance (ESG) disclosures. A quantitative research approach is proposed, using a structured questionnaire to collect responses from stakeholders associated with Indian listed companies. For the purpose of the proposed statistical analysis, a data of 126 respondents has been collected . Descriptive statistics, Cronbach’s alpha, correlation analysis and multiple regression are considered for analysing the data. The results show a positive relationship between sustainability reporting and stakeholder decision-making. Environmental, social and governance disclosures all show positive relationships with stakeholder decisionmaking, with governance disclosure showing the strongest relationship in the regression analysis. The study concludes that companies can improve stakeholder confidence by providing sustainability information that is clear, relevant, consistent and reliable.
KEYWORDS: Sustainability Reporting, ESG Disclosure, Stakeholder Decision-Making, Environmental Disclosure, Social Disclosure, Corporate Governance, Indian Listed Companies.

A STUDY ON IMPACT OF SUSTAINABILITY REPORTING ON STAKEHOLDER DECISION-MAKING OF LISTED COMPANIES IN INDIA

SHAIKH SANA SALIM , DR. SANJAY SONAWANE