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Abstract
Aim: The given research explores
the integration of Environmental, Social, and Governance (ESG) principles
within India's construction sector, highlighting their influence on
sustainability, project performance, and governance structures. The necessity
for ESG adoption has been highlighted in recent years by the global shift
toward sustainable business practices, especially in high-impact sectors like
construction.
Methodology:
Through
an analysis of corporate governance frameworks, social responsibility
initiatives, and environmentally friendly construction techniques, this study
assesses the degree to which Indian construction companies have adopted ESG.
Results:
To
give a thorough grasp of the importance of ESG factors in the industry, the
analysis ranks them using the Relative Importance Index (RII) technique. To
visually compare ESG aspects across different categories, the study also
makes use of a variety of visualizations.
Interpretation:
This
study points out the weaknesses in current frameworks and suggest ways to
improve ESG integration in order to meet the Sustainable Development Goals
(SDGs). This study advances sustainable construction practices in India by
providing information to investors, legislators, and industry stakeholders.
The results of the study relate the importance of ESG component by means of
RII. It was interpreted how different factors among ESG are valued in
the construction industry.
Key
words: Construction
Sector, ESG, Framework, Policy, Principles, Sustainability
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