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@article{186446,
        author = {Dr Vikas Sharma and Jagriti Gupta},
        title = {Policy and Regulatory Framework: Understanding the role of public policy, regulations and International Agreements in promoting sustainable business practices},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {6},
        pages = {1172-1181},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=186446},
        abstract = {Sustainability oriented development is an inevitable compulsion for the mother earth and the human race in today’s word where the resources are limited and the world has to make economic development for present generation by no depletion or least depletion of natural resources so that the future generations are not bound to make compromises for their own economic development and the mother earth stays healthy and wealthy. Therefore, especially in businesses, as they are directly associated with industries and are key drivers of economic development, sustainable practices are essential. This research paper attempts to explore the role of public policies, regulations and international agreements in promoting sustainable practices in businesses. Through the help of present literature available in this area, this paper tries to explore the public policies and regulatory frameworks which might include setting standards for emission of carbon, carbon pricing, imposing penalties and defining corporate accountability etc. International agreements are more crucial for this sake as they are multilateral and cast multiple impact on sustainable practices globally, like UN Sustainable Development Goals, Agenda 21, Paris Agreement and Montreal Protocol etc. Such agreements are related to sustainable development and have been critically examined in this paper. Along with this, the present paper also underlines the conflicts among nations especially the USA and China, in implementing the provisions of such agreements due to their personal interests and political motives. This paper also presents recommendations for governments in making business friendly policies keeping in view the sustainable practices, and global cooperation based on the objectives of global wellbeing with combined harmonized efforts.},
        keywords = {Sustainable Business Practices, Natural Resources, Public Policy, International Agreements, Carbon Emission, Sustainable Development Goals, Paris Agreement.},
        month = {November},
        }