Sustainable Development Goals and Corporate Strategy: A Comparative Study of Indian and European Companies

Abstract

This research paper examines the intersection of Sustainable Development Goals (SDGs) and corporate strategies, focusing on a comparative analysis between Indian and European companies. As the global business landscape evolves, there is an increasing recognition of the role played by corporations in addressing societal and environmental challenges. The United Nations' 17 Sustainable Development Goals provide a comprehensive framework for fostering sustainable development on a global scale. This study seeks to explore how companies in India and Europe integrate these SDGs into their corporate strategies, identifying similarities, differences, and best practices. The research employs a mixed-methods approach, combining qualitative and quantitative analyses. Primary data is gathered through interviews with key stakeholders, including executives, sustainability officers, and experts in both regions. Secondary data is collected from corporate reports, sustainability disclosures, and relevant literature to provide a holistic view of the subject. The comparative analysis aims to uncover the contextual factors that influence the incorporation of SDGs into corporate strategies in these diverse regions. Key objectives of the study include