THE ROLE OF ESG PRINCIPLES IN SHAPING INSTITUTIONAL DEVELOPMENT IN INDIAN HIGHER EDUCATION
DOI:
https://doi.org/10.55955/440002Keywords:
ESG principles, higher education, institutional development, sustainability, IndiaAbstract
Environmental, Social, and Governance (ESG) principles have emerged as critical frameworks for sustainable institutional development across various sectors, including higher education. This paper explores the role of Environmental, Social, and Governance (ESG) principles in shaping institutional development in Indian higher education institutions (HEIs). It compares international best practices with Indian experiences to analyse their implementations, challenges, and opportunities for embedding ESG in the higher education sector. The study adopts a qualitative approach, drawing on secondary data from academic literature, institutional reports, and policy documents. This study reveals that while ESG integration in Indian higher education is gaining momentum, significant gaps exist in systematic implementation, reporting mechanisms, and stakeholder awareness. The paper provides insights into current practices, identifies key challenges, and proposes recommendations for enhanced ESG integration to foster sustainable institutional development in Indian higher education.
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