Due to the increasing environmental and social concerns worldwide, there has been a major shift in the reporting standards in the last decade. This has created a need to look more closely into the reporting issues to be addressed by a country like India. As part of its efforts to improve the Environment Social and Governance (ESG) disclosures, new criteria for sustainability reporting were introduced by SEBI. These reporting criteria which were to be followed by the Top-1000 publicly listed companies, were termed as BRSR-"Business Responsibility and Sustainability Reporting". In this paper, the authors present discussions on the background and introduction of BRSR, the parameters of evolution of sustainability reporting from Business Responsibility Reporting (BRR) to BRSR, as well as the enhancements brought in by BRSR. The authors conducted an exploratory study that provides a comprehensive description of BRSR in India along with a critical overview of the various modifications from BRR to BRSR. We examined information disclosed in reports of the Committee on Business Responsibility Reporting, Sustainability Reporting Standards Board (The Institute of Chartered Accountants of India based). In their pursuit to be ethically, socially and environmentally responsible, the aim of the Indian companies is to reach higher disclosure levels with the BRSR implementation. BRSR seems comprehensive, globally relevant and is based on specific quantifiable metrics. This should help tell the holistic ESG story of each reporting company. While the 'proof of the pudding is in the eating', the Indian regulators are taking strong strides toward sustainability.
Blockchain is one of the emerging trends that could transform Supply Chains making it robust and secure. Effective management of Supply Chains is crucial in industries such as finance, healthcare, food, and logistics not just at a time of pandemic but also for routine operations. Supply chain processes are potential sources of competitive advantage for firms in a highly competitive market. Blockchain in Supply chains will be a disruptive innovation that could significantly transform Supply Chains. Implementing blockchain could reduce costs, reduce administrative and logistical errors, speed up the processes and make the entire supply chain very dynamic and streamlined to all stakeholders. This paper aims to understand how various firms from different industries have effectively implemented blockchain technologies in their supply chain processes to improve transparency, integrity, and accessibility. Information asymmetry is quite common in supply chains and is a serious issue in current times especially during an ongoing pandemic. Blockchain could also aid in minimizing information asymmetry at different stages of the supply chain. This paper using a case study approach aims to highlight how different industries strategically use blockchain to their competitive advantage.
Food Waste Index 2021 report reveals that people wasted 931 million tonnes of food material in the year 2019, out of which 61 % is contributed by households, 26 % by food services, and 13 % by retail; Indian households waste50 kilograms of food annually per individual. The large quantities of food waste created by the worldwide food system is a critical issue that is getting major focus owing to its environmental and socio- economic impacts. Internationally, since visibility regarding sustainability, food wastage and impoverishment is on the high, the requirement to understand the behaviour patterns behind reducing food wastage and food insecurity is the need of the hour. In this paper, the authors make an attempt to list and analyse the theories behind the food wastage behaviour in households and to assist future research identify the antecedents of food wastage behaviour. The goal of this paper is to demonstrate a theoretical foundation for household food waste. The paper focuses on the Theory of Planned Behaviour (TPB) and Theory of Reasoned Action (TRA) majorly to explain constructs of behaviour. Keywords Theory of Planned Behaviour, Household Food waste behaviour, Theory of Reasoned Action, Theory of ERB
Employee engagement has been a key focus area by Indian Organizations during the pandemic. This research paper focuses on the origins of Employee Engagement theories and how Indian companies are navigating these employee engagement practices due to the pandemic. There have been studies in this regard and empirical evidence indicates that improvement in Employee Engagement directly correlates to improved productivity. The authors in this paper, explore the details of the employee engagement and map the theoretical aspects to the various engagement practices undertaken by Indian companies during the pandemic. The research shows that organizations have been able to effectively manage the crisis by supporting the employee’s infrastructure requirement and address their safety needs. However, there is little evidence by these organizations, rehauling their core fundamentals in the terms of employees Roles & Responsibilities and changes in organizational processes.