Stakeholders: A key driving force for performing corporate social responsibilities to achieve the sustainable development

Rashtra Pita Mahatma Gandhi correctly mentioned that earth provides enough to satisfy every man’s need but not every man’s greed. Increasing scarcity of different resources, global warming and changing climatic conditions on the earth etc. lead the researcher to study the importance of different stakeholders of firms in addressing such issues. The study helps to create awareness among the businessmen regarding the importance of environmental accounting. The researcher has found that stakeholders have realized the importance of these issues which need to be addressed on urgent basis. It is a ray of hope which is leading firms towards the destination of sustainable development.