Sustainability movements, corporate green disclosure and financial performance

Purpose- Theory of sustainable economic growth scripts the foundation for the conservation movement of planet Earth. Sustainable development, an extensively used notion, is an endeavor to combine mounting concerns of environmental issues with rapid socioeconomic progress. Typically, sustainability issue like corporate environmental disclosures (CED) connecting with corporate monetary performance is an intense trigger for the researcher for guiding, motivating, and suggesting policy designers in delineating sustainable goals and implementing strategies. The effect of the present anthropogenic actions on the ecosystems, societies, and environments of the forthcoming is sustainability anxiety, which ought to be mirrored in the deliberate planning of sustainable firms. Through adopting long-term application, a more comprehensive set of accountability aiming at ethical compliance, staffs, vicinities, and clients, such strategic objectives are operationalized. Design/methodology/approach- In this paper, we have mapped a gradual evolution of the sustainability movement, their policy frameworks, and their drifts towards change, and the outcomes of changes. Further, to aid the policy-making, for taking ecologically sustainable strategies, we have explored the impact of corporate green disclosure activities on the financial performance of the corporate entities from the in effect literature. To develop an association between the sustainability practices of firms through CED and its applied impact on the firm's economic performance, we have searched the relevant literature. Findings- The findings show that the CED and fiscal performance varies on firms, industries, and countries and give a mixed result. However, due to the global green movements and increasing angst and awareness, the gaps are gradually dwindling and driving the issue towards saturation and institutionalization. Originality/value- The article offers stimulating inferences for stakeholders that a desire for sustainability compliance through green management and environmental loyalty based on social, environmental, and human objectivity, may result in an optimistic inspiration on the firm's economic performance.