Assessing ESG Implementation in the Indian Construction Industry: A Comparative Analysis of Global Reporting Initiative and Business Responsibility and Sustainability Reporting Frameworks

Abstract

The construction industry enhances GDP of an economy and employment, however, it impacts the environment. Players thus have to take measures to prevent environmental harm. Players have also to disclose these. It helps in channelling industry funding . This investigation evaluates the adoption and efficacy of the Global Reporting Initiative (GRI) and Business Responsibility and Sustainability Reporting (BRSR) frameworks within the Indian construction industry. The study uses mixed methods approach through factor analysis and SEM. Differences were found in adoption of GRI and BRSR frameworks. GRI aligns with international standards while BRSR meets local regulations. Both frameworks face challenges in reporting practices. Findings suggest scope for standardized training and broader stakeholder engagement to improve quality and impact of sustainability reports. The study contributes to the theoretical understanding of sustainability reporting by balancing global best practices with local business realities, leading to more effective sustainability integration in the Indian construction sector