Sustainability Practices In Indian Commercial Banks: A Comparison Of SBI And HDFC

Abstract

Sustainability means meeting the present needs with keeping in mind the needs of a future generation, which is an epitome of development. The banking industry is an important aspect of the economy, and incorporating sustainability practises into its core operations can help achieve the objective of sustainable development. This study compares and analyses the sustainability practices of two public sector banks, SBI and HDFC. The study spans 11 years, from 2011-12 through 2021-2022. Furthermore, the Global Responsibility Initiative (GRI) framework was reviewed to quantify sustainable practices, and data was gathered through content analysis from Yearly Reports, Business Responsibility Reports (BRR), and sustainable Reports. A statistical technique is then used to compare the banks' sustainability practices. The findings indicate a considerable variation in the governance component of sustainability practices.