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In the evolving realm of corporate sustainability, transparency and accountability are key. To address this need, India’s Business Responsibility and Sustainability Reporting (BRSR) framework offers various reporting formats catering to diverse company sizes and complexities. This system allows companies to communicate their environmental, social, and governance (ESG) efforts through different levels of detail, ensuring inclusivity and accessibility […]

In 2012, the Securities and Exchange Board of India (SEBI) introduced a framework for ESG (Environmental, Social, and Governance) reporting in India. This was initially done through the Business Responsibility Report (BRR), which was mandatory for the top 100 listed companies by market capitalization. However, as businesses and global expectations evolved, SEBI recognized that the

Non-financial reporting has gained global significance as businesses recognize their impact on the environment, society, and governance (ESG). This shift has encouraged companies to adopt more sustainable business models, ensuring greater transparency and accountability. Several international institutions, such as the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI), and the Task Force on

The understanding of NGBRC is relevant to appreciating the BRSR reporting framework. The National Guidelines for Responsible Business Conduct (NGRBC) were introduced to help businesses go beyond regulatory compliance and adopt responsible practices. These guidelines align with international standards and frameworks, promoting transparency and sustainability. Evolution of NGRBC Year Development 2011 MCA issued National Voluntary Guidelines (NVGs)

What is Sustainability Reporting? Sustainability reporting provides an overview of a company’s economic, environmental, and social impacts caused by its daily activities. It is not just about presenting data but demonstrating an organization’s commitment to sustainability transparently. This helps organizations assess, measure, analyze, and present their performance across various parameters, setting challenging targets and goals.