GREEN GAINS: HOW SUSTAINABILITY DRIVES PROFITABILITY IN INDIA'S LEADING HEALTHCARE COMPANIES

Abstract

This research paper explores the symbiotic relationship between environmental sustainability initiatives and the financial performance of India's leading healthcare companies. The study focuses on Apollo Hospitals,Fortis Healthcare, and Narayana HealthIndia, analyzing how these companies integrate eco-friendly practices into their operations to enhance profitability. The research employs a thematic analysis approach to identify and highlight key strategies these firms use and their impacts on both environmental and financial metrics. Through a comprehensive review of sustainability reports and financial documents, this study uncovers specific practices such as energy efficiency, waste management, sustainable supply chain practices, and green building initiatives. These practices not only contribute to environmental preservation but also lead to significant cost savings, improved operational efficiency, and enhanced corporate reputation, which collectively boost financial performance. The findings reveal that adopting green initiatives can lead to measurable economic benefits, including reduced operational costs, increased investor confidence, and higher market competitiveness. Furthermore, the study emphasizes the role of corporate social responsibility (CSR) in driving sustainability efforts within these companies, highlighting how CSR initiatives align with broader corporate goals to foster long-term financial success.