Today, business sustainability is a critical concern. Investors' interest in Socially Responsible Investment (SRI) has increased substantially during the previous decade. As a result, company performance may be influenced by sustainability. The goal of this study is to determine “whether sustainable businesses are more profitable.” Various studies have been undertaken in the past to investigate this relationship. However, the results have proved conflicting and inconclusive. Furthermore, the majority of the research have been undertaken in developed nations. The study has been conducted on the top 20 BSE listed companies according to market capitalization. The statistical findings show that corporate environmental sustainability has no substantial impact on financial performance as a whole.

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Keywords: Environment Initiatives, Sustainability Reporting, Global Reporting, Financial Performance.