Corporate Accountability for Green Growth- An Exploratory study from Academic Perspective

Abstract

Climate change attributed to emission of greenhouse gasesfrom human activities is a severe threat to our survival. Theglobal climate is invariably changing and presently it is adominant threat for businesses of the whole world. Theimportance of green growth has been increasing in recentyears in the face of burning environmental challenges. Thecorporate social responsibility (CSR) is gaining momentumand the natural environment is increasingly being observed
as a pivot of CSR. Following CSR voluntarily could bebeneficial for the environment and accordingly, the studyexplores the corporate accountability for green growth as anelement of CSR. A survey was conducted in the higheracademic institutions to identify key factors for promotinggreen growth .The findings in this study after applying FactorAnalysis identified important factors which can encouragegreen growth by corporate action in the present climatechange scenario