Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Sustainable development involves contribution towards economic growth, social development, and environment. The Sustainable development mission should aim for Poverty eradication, environmental sustainability, sustainable consumption, and production. The dimensions focused by sustainable development include social foundation, low carbon economy, environmental sustainability, and gender equality. Corporates must help to build the social and environmentally acceptable standards necessary to support the global economy, and to do this in such a way as to make globalization work for everybody in the world. Corporates should contribute to Sustainable development as part of CSR. The Sustainable development is adopted by Corporates through ESG (Environmental, Social and Governance) framework as part of CSR.
Keyword:Climate finance, Climate change, Global economy, Carbon emission
R. Seetharaman