Comparing Environmental Disclosure Standards: A Study of Leading Cement Companies in India

This study investigates the extent of reporting by employing content analysis to compare environmental disclosure practices. It evaluates the quality of information using a disclosure index from the Business Responsibility and Sustainability Reporting (BRSR). The researchers found a strong correlation between various content analysis methods used to assess the level and breadth of disclosure when examining the environmental reporting of the same group of corporations. There is a notable correlation between the extent of disclosure and the volume of reporting, as measured by the quality of disclosure. Researchers propose that a quality score metric, which considers both the quantity and the quality of disclosures, could be effective in distinguishing between companies with high-quality versus low-quality reporting. The survey indicates that Ambuja Cements demonstrates more effective disclosure practices compared to Shree Cements.