Over a period of time sustainability and sustainable development goals (SDGs) are emerging as central theme and issue of concern for companies and stakeholders across the globe. The challenges are in the preview of regulatory requirements and compliance for environmental, social, and governance issues. The issues are varying from industry to industry and firm to firm as per the requirements and pressure from regulatory bodies, stakeholder groups, peers, and society. This is an inductive research design based exploratory study, revolves around most polluting and socially challenged textiles and clothing industry. The two Indian, global textile giant Birla Cellulose and Arvind Limited used as a case study exemplar for stakeholder value mapping for SDGs prioritization. The companies are considered for the study based on their sustainability reporting, social legacy, brand value, market capitalization, and global reach. Further, the discussions are explored in the preview of existing literature and well‐grounded stakeholder theory.