CSR PRACTICES OF FINANCIAL INSTITUTIONS FOR SUSTAINABLE DEVELOPMENT IN INDIA – A STUDY
At present climate change is the serious global threat and is the biggest challenge for sustainable development. Globally, multiple international organizations are involved to mitigate the risk of climate change, policy making and educating the world. The organizational set up includes Intergovernmental Panel on Climate Change (IPCC), World Meteorological Organization (WMO), UNEP Climate Change, UNFCCC, National Centre for Atmospheric Research (NCAR) and WHO.However, climate change effects every single nation in the world. Especially, poor and vulnerable countries are most threatened by climate change.India is one among vulnerable and developing nations in the globe and face devasting climate change effects. To become strong, India strengthening its financial sector and ameliorate socio economic development. Hence, this research paper tries to explore how Indian financial institutions raising their hands to curb the climate change risk. This study also highlights key actions taken by financial institutions to mitigate climate change threatand enhancing sustainability in India. This work is based on secondary data sources such as research papers, articles, reputed journals, various published reports from government and financial institutions and other organizations.
Climate change, Curb, Financial institutions, Sustainable development and Threat.