SDG Implementation Standards, Indian CSR Initiatives, Reporting with SDG Themes and Case Insights of Flyjac Logistics

Premkumar Balaraman; Priya Kamalakannan; Jyothi Palukiri; Izatul Husna binti Zakaria

doi:10.58915/aset.v4i2.2696

Authors

Premkumar Balaraman SRMIST - Kattankuathur
Priya Kamalakannan SRMIST - Ramapuram
Jyothi Palukiri Saveetha Engineering College
Izatul Husna binti Zakaria Universiti Utara Malaysia

DOI:

https://doi.org/10.58915/aset.v4i2.2696

Keywords:

SDG Impact framework, Task Force on Climate-Related Financial Disclosures (TCFD), Global Reporting Initiative (GRI), Indian CSR practices, Environment Society and Governance (ESG)

Abstract

This study explores global standards and frameworks guiding Sustainable Development Goals (SDG) implementation and reporting, with a specific focus on India’s Corporate Social Responsibility (CSR) practices aligned to SDG themes. Using qualitative analysis of secondary data from UN, IMF, and the Indian government’s CSR reports, the research examines frameworks such as SDG Impact, TCFD, and green finance mechanisms. A case study of Flyjac Logistics (India) triangulates findings through focus group interviews and financial CSR data from 2014–15 to 2020–21. The UNDP’s SDG Impact framework and GRI reporting standards are found to enhance business transparency and SDG integration, while TCFD disclosures address governance, strategy, and climate-related risks. Despite global advances, ESG investments face challenges due to low profitability, limited awareness, and inadequate government incentives. In India, analysis shows a moderate positive correlation (ρ = +0.578) between state population and CSR spending, with allocations concentrated in social (78.25%), governance (17.27%), and environmental (4.48%) domains. The Flyjac case demonstrates strong CSR alignment with SDG principles through community involvement and transparent reporting. The study underscores the need for improved ESG disclosure quality and greater institutional support to advance sustainable business practices in India.

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