Research paper on - to examine the sustainability reporting practices undertaken by the select Indian banks in accordance.
The top twenty banks, which consists of top ten public banks and private banks based upon the market capitalization for five financial years from 2017-2021 is taken into consideration for this study with purpose of executing content analysis. This section emphasized the details of the NVG and its core elements disclosure scores.
Additionally, a sustainability disclosure index is calculated for each principles across all banks. This section of the research focuses on the national voluntary reporting procedures throughout a five-year period, from 2017 to 2021 by Indian banks.
The chapter starts with introduction of first objective. It also emphasizes the framework for gaining access to the link between specified core elements and national voluntary reporting along with details of core elements of NVG.
DISCLOSURE INDEX
The disclosure indexes are the list of items that an organization is required to disclose. For the attainment of above objective a disclosure index is prepared by taking into considerations national voluntary guidelines (NVG) disclosures. This index takes into consideration the core objects that are mentioned in the disclosure requirements prescribed in national voluntary guidelines (NVG) guidelines.
This study has primarily concentrated on developing a self-constructed disclosure index with an un-weighted disclosure index, where scoring is assigned from 0 to 3.
Scoring Descriptions
For Content Analysis Score Descriptions
0 Core element not disclosed
1 Core element disclosed with little information
2 Core element disclosed with vast information
3 Core element disclosed with examples
NATIONAL VOLUNTARY GUIDELINES (NVG) PRINCIPLES
1. Yes Bank: - Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of yes bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.1: Yes, Bank Source: Researcher Calculations
2. Union Bank: - Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of union bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.2: Union Bank Source: Researcher Calculations
3. UCO Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of UCO bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.3: UCO Bank Source: Researcher Calculations
4. SBI: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of SBI bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.4: SBI Bank Source: Researcher Calculations
5. PNB: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of PNB bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.5: PNB Bank Source: Researcher Calculations
6. Kotak Mahindra Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.6: Yes Bank Source: Researcher Calculations
7. Induslnd Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.7: Yes Bank Source: Researcher Calculations
8. Indian Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.8: Indian Bank Source: Researcher Calculations
9. Indian Overseas Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.9: Indian Overseas Bank Source: Researcher Calculations
10. IDFC Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.10:IDFC Bank Source: Researcher Calculations
11. IDBI:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.11:IDBI Bank Source: Researcher Calculations
12. HDFC:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.12:HDFC Bank Source: Researcher Calculations
13. Federal Bank:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.13:Federal Bank Source: Researcher Calculations
14. ICICI Bank:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.14:ICICI Bank Source: Researcher Calculations
15. Canera Bank:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.15:HDFC Bank Source: Researcher Calculations
16. Central Bank:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.16:HDFC Bank Source: Researcher Calculations
17. Bank of India:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.17:HDFC Bank Source: Researcher Calculations
18. Bank of Baroda:-Figure depicts a enhancement in the disclosure levels within each principles which have changed over time.The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.18:HDFC Bank Source: Researcher Calculations
19. Bandhan Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.19:HDFC Bank Source: Researcher Calculations
20. Axis Bank: -Figure depicts a enhancement in the disclosure levels within each principles which have changed over time. The disclosure levels of bank is on peak for principle-3 from the year 2017-2021.The figure shows the disclosure practices of nine principles over the last five years. Fig.4.20:HDFC Bank Source: Researcher Calculations
Conclusion
The study provides sustainability reporting of the top ten Indian public and private banks on the basis of national voluntary guidelines (NVG) framework. The study has an several implications for bankers and policy makers as it provides a broad picture of sustainability practices of the Indian banking sector. The banks low on NVG reporting principles need to expend its strategies such as on Involuntary labor , operating regions etc. According to the scoring study revealed that out of selected banks, SBI works better in sustainability reporting practices in public sector, then Bank of baroda, Central bank,UCO bank, PNB, Indian bank, IOB,Union bank, Canera bank, and BOB respectively followed sustainability reporting practices.
And in private sector - HDFC bank works better in sustainability reporting practices in private sector then Induslnd bank, Kotak Mahindra bank, Yes bank, IDFC bank, Axis bank, ICICI bank Federal Bank, Bandhan Bank, IDBI bank. Principle 6 is the highest reported principle by banks and Principle 7 of NVG was the least reported principle by banks as large number of banks not disclosed information about public policy. The higher participation by the banking sector could transform the landscape of sustainability practices.