Learnings from Sustainability Audits in Automobile Industry in Around Pune: Practices and Procedures
Shilpa Kulkarni1, C.N. Rawal2
1Dr. Shilpa Kulkarni, Research Co-ordinator, Brihan Maharashtra College of Commerce, Pune (Maharashtra), India.
2Dr. C.N. Rawal, Principal, Brihan Maharashrta College of Commerce, Pune (Maharashtra), India.
Manuscript received on 12 February 2020 | Revised Manuscript received on 28 February 2020 | Manuscript Published on 10 March 2020 | PP: 179-186 | Volume-9 Issue-4S March 2020 | Retrieval Number: D10290394S20/2020©BEIESP | DOI: 10.35940/ijitee.D1029.0394S20
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The sustainability is now considered as a paradigm shift. Challenging business environments, less availability of resources and much more competitive markets force business to rethink about the offerings in order to sustain for a greater time. Organizations across the globe are tending to apply many sustainability measures in order to make the business balance and holistic. The audit of such sustainability-oriented efforts is done by various methods like Carbon Credits, Dow Jones sustainability index etc. The most popular method of audits is Global Reporting Initiative (GRI). GRI evaluates the organization on all the three Aspects-Economic, Environmental and Social sustainability. The research papers discuss the sustainability audits in light of Automobile sector and also furnishes the analogy between the efforts of the five passenger vehicle Manufacturing Units (PVMU) reports. The research paper discussed the similarity between social engineering, environmental measures and economic impacts. The final conclusion suggests that global companies do not have localize approach of sustainability whereas Indian organizations lack the global viewpoints in accepting new technologies.
Keywords: Sustainability Audits. GRI, Automobile industry.
Scope of the Article: Web-Based Learning: Innovation and Challenges