• SAJJAN.S
• KALEESHWARI.S

Companies are nowadays aiming for sustainable development. Also, investors nowadays are concerned with the sustainable initiatives taken by these companies. Companies that are aiming for long-term initiatives over sustainable development will attract investments from investors’ Carbonex is an index that measures the sustainable initiatives taken by the companies. The stock of Indian companies that are committed to mitigating risk arising from climate change is better performed this year. The Sensex has also jumped this year. This index in person provides an effective way for equity investors to manage the risk of climate change over the period. It becomes necessary for a country like India, to access the effectiveness of a sustainability-based index and whether it is creating any improvement in the economy due to the improvement in the price and return of the Carbonex index. A detailed analysis has been made of the BSE Carbonex index and its effect on developing the economy. The price and returns have been taken to analyze the true picture of this index on the country’s development. The entire indices have been selected and the analysis has been made using the advanced econometric software EViews in concluding the results of the data used.

Carbonex, price, return, effect, relationship, and development

"ECO-FRIENDLY ECONOMICS: INDIA'S SUSTAINABLE PATH WITH THE CARBONEX INDEX", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 11, page no.f75-f89, November-2024, Available :http://www.jetir.org/papers/JETIR2411509.pdf

"ECO-FRIENDLY ECONOMICS: INDIA'S SUSTAINABLE PATH WITH THE CARBONEX INDEX", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 11, page no. ppf75-f89, November-2024, Available at : http://www.jetir.org/papers/JETIR2411509.pdf