Contribution of Reliance Industries Ltd. In Sustainable Development and Best Sustainable Practices Adopted In India

Abstarct: Sustainability means meeting our own needs without compromising the ability of future generations to meet their own needs. In addition to natural resources, we also need social and economic resources. Sustainability is not just environmentalism. The 17 SDGs and 169 targets are part of a transformative agenda - the 2030 Agenda for Sustainable Development adopted by 193 Member States at the UN General Assembly Summit in September 2015, and which came into effect on 1 January 2016. The Sustainable Development Goals (SDGs) in 2015 as a global initiative aimed at eradicating poverty, safeguarding the environment, and promoting peace and prosperity for all people by 2030.Corporations have the potential to adopt sustainable business practices that not only reduce their environmental footprint but also promote social and economic development. This encompasses reducing greenhouse gas emissions, promoting the use of renewable energy, enhancing resource efficiency, embracing circular economy practices, and investing in the well-being of their employees and local communities. The study is based on the Business Responsibility and Sustainability Report (BRSR) of RIL. And specially report of 2022-23. The objective of the study is to study the role of corporate sector in sustainable development and the Sustainable Practices adopted by the Reliance Industry Ltd. The Business Responsibility and Sustainability Report (BRSR) exemplifies this commitment, transparently communicating RIL's performance to stakeholders. As a responsible corporate citizen, RIL believes in inclusive growth. The Company strives to accelerate India’s transition to a knowledge economy and create value for the nation by elevating the quality of life across the entire socio-economic spectrum. Sustainable Practices adopted by the Reliance Industry Ltd. After due consideration to Climate Change, Managing Environmental Impacts, Energy Efficiency of Operations, Waste Management and Circular Economy, Sustainable Supply Chain Management, Water and Effluent Management , Raw Material Security and and many more areas regarding this. This report conforms to the Business Responsibility and Sustainability Report (BRSR) requirements of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) and the National Guidelines on Responsible Business Conduct (NGRBC) on Social, Environmental and Economic Responsibilities of Business released by the Ministry of Corporate Affairs (MCA), India.