A SYSTEMATIC LITERATURE REVIEW OF ESG EVALUATION IN INDIA'S RENEWABLE ENERGY LEADERS
DOI:
https://doi.org/10.55829/7kggf413Keywords:
ESG, financial framework, SLR, societal outcomesAbstract
This study systematically reviews the integration of Environmental, Social, and Governance (ESG) evaluation frameworks in India's renewable energy sector, focusing on their alignment with sustainable finance objectives. As India emerges as a global leader in renewable energy, the demand for robust ESG evaluation has grown, driven by stakeholders’ increasing awareness of sustainability. It introduces about the nexus between ESG principles and India's renewable energy landscape, emphasizing their critical role in advancing sustainable development goals (SDGs).
In this research paper researchers tried to identify renewable sector companies which is registered on NSE and primarily focused on ESG parameter. Researchers focus on SLR method (Systematic Literature Review) and tried to study its impact on society. It’s The literature review explores key academic and industry research on ESG practices in India's leading renewable energy companies, identifying methodologies, challenges, and the evolving regulatory landscape. Furthermore, the study discusses how sustainable finance mechanisms—such as green bonds, impact investing, and carbon credits—complement ESG-focused strategies to enhance environmental and social outcomes.
The findings contribute actionable insights for policymakers, investors, and industry stakeholders to strengthen ESG evaluation frameworks. By bridging existing research gaps, this review aims to support the renewable energy sector in achieving a balance between financial performance and sustainability imperatives.
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