Sustainability through Different Lenses

  • Vedaanta Shenoy and Disha Shetty
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  • Vedaanta Shenoy

    Student at University of Mumbai Law Academy, India

  • Disha Shetty

    Student at University of Mumbai Law Academy, India

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Abstract

This research paper takes a closer look at India's journey towards sustainable energy solutions, focusing on government policies, business initiatives and how consumers are changing their behavior . India is the world's third largest energy consumer and faces the challenge of balancing impressive economic growth with environmental conservation. India has actively adopted renewable energy sources, especially solar and wind power, in line with global sustainability trends. Additionally, the country is actively promoting cleaner transportation options, such as electric vehicles, and exploring the integration of ethanol to create more environmentally friendly fuels, thereby promoting sustainability across all fields. The study is structured around two main questions. First, it evaluates the measures taken by the Indian government to promote energy sustainability. The analysis shows that India has taken a pragmatic approach, using financial incentives and international partnerships to promote clean energy adoption. Second, it looks at how consumers, especially in the Asia-Pacific region, respond to sustainable products. Research shows that consumers are increasingly willing to invest in environmentally friendly options. Businesses, regardless of size, play an important role in sustainable environmental development. Many of them apply environmental, social and governance (ESG) criteria to promote ethical practices and environmental responsibility. This corresponds to consumer preferences increasingly for sustainable products. Investors are also looking at ESG factors, putting pressure on companies to comply with these criteria. The linkages between sustainable development efforts are evident in global initiatives such as the Paris Agreement and growing cooperation between countries and businesses. Challenges remain, including trust issues around sustainability claims and difficulties in disseminating information. However, the shift to sustainable practices is undeniable. Consumers are increasingly aware of sustainability, which is reshaping business strategies and driving innovation. This transformation not only meets consumer needs but also contributes to a more sustainable and environmentally responsible future.

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Research Paper

Information

International Journal of Law Management and Humanities, Volume 6, Issue 5, Page 2027 - 2039

DOI: https://doij.org/10.10000/IJLMH.116001

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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